We might be due for a correction near term(??)......long-term bullish because of the completely "out of control" US trade deficits and seriously flawed US dollar. Besides the current supply/demand imbalance.....but that's a monetary phenomenon "by-product" anyway.
I wonder how commodity markets will react to "words" by Bernanke that he may not be done raising rates. He's nowhere "close" though on rates if he wants to stop rampant "looming inflation".