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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (15613)	1/20/2016 10:41:58 AM
From: Goose94	Read Replies (2) \| Respond to of 203353

Ominous Storm Upon Us Gold the only metal up. The euphoria that the market expected as we opened yesterday morning was quickly dashed throughout the day and overnight the carnage continued. The Chinese numbers are smoke and the global economies are struggling with an accelerating deflationary bust. Oil under $28, copper approaching multi-year lows. Platinum trading at a whopping $280 discount to gold. Equity markets on meltdown. Capitulation not yet in sight. Gold catches a fear bid, which may begin to accelerate. This time around, with global interest rates pretty much at zero, the central banks will be hard pressed to buy their way out. 2008 may turn-out to be a picnic against what the global economies are facing today. Peter Hug