Yes many have decided to sell their stocks and funds and sit on cash... so many in fact that it has filled the pimple to bursting proportions.

The US dollar is being pumped by the same people who orchestrated the housing bubble.... and when the lifeboat they have convinced many to take refuge in is pulled off the mooring lines, it's going to sink like the Titantic.

I think commodities are retaining their value on foreign currencies to the largest part.... The perception of commodities selling off is an American phenominum Thus there is deflation of all the commodities the US imports.... But the currency devaluation of the producers has maintained their ability to supply metals/ oil etc.

For instance oil.... The Cnd dollar has fallen from parity in July to .78 Therefore canadian producers are still geting 65/ .78 = $83 cnd for their production... and they will continue to produce at that price... Should the cnd dollar go back to Parity profits would be stripped from these companies and they would shut in high cost oil.

If they want $50 oil... then be prepared for a .65 cnd dollar as that is how they will get it there and still maintain production.

I think this is major manipulation by Americans to rebalance the world to their liking... The drowning swimmer syndrom I mentioned before. Oil is the key to the survival of the US as a dominent force... and securing that supply is fundemental.... The currency revaluation makes oil cheap for Americans and more expensive for other users.... and more profitable for the producers that have had their currency adjusted to maintain supply to our American manipulators.

JMHO