It was a rare winning session across the board during Wednesday trading on the Canadian markets. For the tale of the tape, the TSX Exchange rallied 1.44%, while the TSX Gold Index surged 6.2% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, added 1.03% with the declining issuers beating out the advancers by a 425 to 414 margin on volume of 114 million shares traded.

Even I was stunned when I saw the Financial Times and the headline said, “Oil Futures Near $140 Amid Fears of Shortage.” As Robin used to say, “Holy smokes, Batman!”