Tuesday, October 28, 2014

Gold may not rise today...

Europe is in the throes of a probable deflation. ECB is halting and slow.
Fed is at the end of a stimulus curve.
Oil is down.Commodity prices do have some correlation.
Anxiety has ebbed with consumer confidence gaining in the USA as job seekers perceive greater employment prospects.  Market has already factored in a soft Fed.
Chinese economy has to emerge stronger to demand.
It may just about hold. 

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