After the worst threats of Irene have been escaped by Manhattan. The  stock, bond and commodity markets in U.S.  will open as usual tomorrow Thus the first shutdown due to weather since 1985, have been avoided. Statements have been sent by the largest operators of

exchanges in the world’s biggest capital market, NYSE Euronext (NYX), Nasdaq OMX Group, Bats Global Markets and Direct Edge Holdings LLC , saying that  they plan normal trading sessions tomorrow. No change to bond-market schedules have been recommended by The Securities Industry and Financial ...

Peter Lee of UBS gives the picture from the view of a chart analyst. He says

"Gold is headed higher, Gold is a great call. We don't think it's speculative at these current levels."

Lee points out that gold is the most precious of metals into

$2,ooos. He seems to be exaggerating when he says "Historically the last move up on a commodity based rally is a parabolic move." Lee notes that since the gold rally has started gold has repeatedly tested its rise and moving averages and maintained every time, which resulted ...