Commodities Markets Crashing?

Just a heads up: All the commodity markets are crashing. Silver is down 4%, Copper down 3%. Crude is down almost $4.00. I am not sure why. I am hoping the bubble burst on news that unemployment claims jumped up 43K this week.

The dollar is strengthening against the Euro based on some remarks by the European Market Chairman. It is the turn of the French to chair that position. I believe he was indicating increased interest rates. The Dow is down about 70 points at this time.