Bonds Metals etc

The money continues to pour out of the US long bond and into everything else. What is it signaling and since this rally started I have been writing that the bond market is topping at the same time that QE is ending and that is something you wouldn't normally expect. With the economy declining and jobs in a precarious situation and all the debt crisis news all over TV you'd think stocks and commodities would be falling everyday, right? But as you can see by the charts the opposite is happening and that tells me that more easing in on the way or there is inside knowledge that there are talks of it and people are playing the rumor. If it doesn't happen we will be right back down in a heart beat, that you can bet on because there is no fundamental reason for this rally, PERIOD.

As for my largest position, Silver, its seems to be topping out here, I doubt (Physical or Paper silver)  will get over the 50dma even though it has pierced its downtrend line its still range bound, and won't look good till it gets over 38, if that happens i expect gold to be making all time highs..