Another Day of Bullish Commodity Headlines

Here's just the few that jumped at me from my Bloomberg screen this morning...

• Oil Rises to Record After Guardian Says Rebels Attacked Nigerian Pipelines
• Nickel Rises Close to a 19-Year High in London on Speculation About Supply
• Thermal Coal Prices Through 2008 May Be 10% Higher
• Gold Rises as High Oil Costs Fuel Inflation
• Copper Nickel, Forecasts for 2006 Raised by JP Morgan on Demand from Funds

And my favorite...

"Coffee May Rise as Indians, Mexicans and Indonesians Urged to Drink More"

Apparently, the International Coffee Organization has greased the right palms and the governments of those countries will promote coffee-drinking among their populations. Well, there's nothing in the official story about greasing palms. But really, why the heck else would they? Maybe the ICO is staffed by the most charismatic, over-caffeinated folks you ever met! LOL!

Meanwhile, many Australian stocks got shellacked overnight, but not the uranium stocks -- three of which are in the Red-Hot Asian Tiger Portfolio.

And Red-Hot Canadian Small-Cap subscribers should look for good news on a certain SAGD oil sands company -- its stock is moving higher for a reason.

Check out my new gold and energy blog at MoneyAndMarkets.com