WEEKLY MARKET DIGEST: OIL SURGES AS RUSSIA FLEXES ITS MUSCLE IN SYRIA, BUT GOLD FALLS $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
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OIL SURGES AS RUSSIA FLEXES ITS MUSCLE IN SYRIA, BUT GOLD FALLS
May 17, 2013
Crude oil is surging. WTI just hit session high of $96.41. Russian war ships are patrolling waters near Syria. This is perhaps meant as a warning for the United States to stay out of Syria.
Gold would have been expected to rise but is still falling.
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