Monday, June 6, 2011

Markets down, gold up

Last week's bad news on the economic indicators continue to weigh down markets.  Equities, commodities, the USDollar, and the Euro are all down.  10-year US Treasury bonds are up slightly in a "slow-growth economy" mini-rally, while gold is rallying higher.  Precious metals are commodities, but they are also monetary metals.  Take heed.

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