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I'm just going to go fondle my silver again.
This news is temporarily deflationary. Until we hear news of the Fed, the ECB, (*edit I forgot Japan), or China printing assets will decrease in value.
hey this mike mayo guy on cnbc...is he legit?
'whereas AUD came under further pressure after the RBA cut its benchmark interest rate overnight.'
That's your China landing gauge right there. Make sure your seats in upright and tab- AAAAAAAAAAAAAAA!
Greeek 1 year bond yealds over 194% (http://www.bloomberg.com/quote/GGGB1YR:IND)
Up 22.5% today from 154
It's a new record high.
This black Friday will be a great litmus paper for the U S consumer, if we can find a un-fudge report.
The SPX is looking to make a large gap open lower. Looking for a correction before the move continues though. The DX is clearly bullish and GC has returned to the bearish correction. "Risk off" is here as expected. http://bit.ly/vkwvub
As mentioned for some time, the bullish USD weekly chart continues to exert it’s influence and according to my analysis this will continue.
DOW chart showing bearish megaphone pattern warned of resumption of downtrend:
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