I received this in an email this morning and although when I look at around 10:30 this am, there is weakness, this information could have a big impact on the whole commodity complex especially if this approach escalates to other countries.

Mexico may allow pension funds, the nation's biggest institutional investors, to tap global commodities that are trading at near two-year highs. The Thomson Reuters/ Jefferies CRB Index of 19 commodities traded at its highest level since October 3, 2008! Gold jumped $14, Silver $1.25, Copper hit a 2-year high, and so on.

And the commodity strength has carried over to the Commodity Currencies, as even with the dollar strength, currencies like Aussie dollars (A$), and Canadian dollars / loonies, remain above parity to the U.S. dollar this morning.