Good Morning,

Headline Employment numbers are 216,000 supposed jobs added in March, and the rate fell to 8.8 laughable percent. Equities are higher, the dollar is spiking higher, the Yen is making a large move lower, oil has jumped to a new high above $107 a barrel, gold and silver are lower, while most food commodities are higher after large gains yesterday (corn and oats are up considerably).

There was a small movement in the McClelland Oscillator yesterday meaning that today’s move can be expected to be large.

Ever since the G7 intervened in the currency markets to keep a lid on the Yen, the Yen has been falling and overnight into this morning has fallen considerably. The markets have correlated to this action, with markets rising as the Yen falls, and visa versa. The amount of money added by the Japanese and other nations was huge – amounting to more hot money with nothing better to do than to jack up the cost of living for humans on the planet. The response has been for the moronic central bankers to meet any and all hiccups with massive money printing. Thus everything “grows” in terms of dollars… except your wages, of course. The hot money accumulates around the globe just like cesium 137, only with a much shorter half-life requiring never ending and larger infusions to keep the appearance of “growth” continuing.

As if sky high oil prices in the face of falling demand and record inventories wasn’t enough, Hershey’s just announced that they are raising their candy prices 9.7% across the board! Oh the humanity! That’s it, I’m taking to the streets! In all seriousness, think about that – it is a huge jump and is absolutely reflective of the central banker’s policies.

More and more people are waking up to the horrid reality in Japan. Articles suggesting that the world’s largest concrete pumpers are enroute to Japan from Germany and the U.S. have led people to believe that they may be finally planning on building a sarcophagus. Yet, on the other hand, other experts believe that it won’t be possible to build one until the fuel is cooled and that may take years if not decades! While we don’t have enough information to know for sure, it is my belief that some type of containment MUST be accomplished soon. The situation is DIRE and very difficult – here’s another update from Arnie Gunderson that you must see regarding the fuel pool of reactor 4: