The breaking news concerning the markets is changing faster than a lightening bolt. It is EU Markets rise on Greece Debt Plan, and within 2 hours, it is EU cannot weather the storm, either politically or financially. None of the markets, not the Asia/Pacific nor any of the Europeans markets, nor our markets here in the USA have any indication what is going to happen or when. The old rules no longer apply.
Europe’s markets were up todnight, though Asian markets were down. The big surprise was that the precious metals plummeted Sunday night and also had a difficult time last night. There was alot of up and down changing today, but gold managed to gain as did silver, though not by much. Currently they are trading DOWN again overseas. There seems to be no rhyme or reason for any of the markets activities, except for all the computerized trading that does not required humans, once it is programed with trading specs…..someone needs to tell it to “self-destruct” and see if HAL says, “NO.”

Posted by
on September 22, 2011. Filed under
Precious metals.
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