A great – deep – post by my friend Bill Cara tonight on the subject of commodities.

First and most important Bill, I hope you get great news and be well.

With respect to your early warning – thanks.

For the record, Bill and a few others (Don Coxe and Pring) have really been bullish on commodities for the past 5 years. I have long followed them. It is worth noting than if they are concerned. I am a trend follower so it has not been rocket science, the last few years. Lately, there are many trend concerns as the stocks have fallen in commodities.

Bill’s post has a link to Martin Pring’s Commodity update. A must watch if you are overexposed or just want to learn what the big players are talking about.

I was most inmtrigued by Mr. Pring’s assertion that tops in the housing market are highly correlated with peaks in the commodity markets.

On the other side of the coin is that China may not even hiccup if the US breaks. Not likely, but possible. Further, relying solely on technical analysis is not the holy grail. The market is a giant puzzle with many pieces.

The technical damage could just be the will of this administration to move markets. Don’t believe me – read more from Bill on the shenanigans of the boys in charge . I believe him because I have been doing this for a long time as well. I only trust myself.

As always – not advice, but my ears are now perked as I own much gold and some oil stocks.