WEEKLY MARKET DIGEST: GOOD NEWS FROM JAPAN, GOLD SET UP FOR A MINI RALLY $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )
GOOD NEWS FROM JAPAN, GOLD SET UP FOR A MINI RALLY
November 29, 2013
One of Japan’s biggest problems has been deflation. What happens in Japan matters because Japan is the third biggest economy in the world. Abenomics seems to be working. Core Consumer Price Index, year over year, rose 0.9%. This is indeed good news.
Gold is encouraged by news from Japan and is showing potential to stage a mini rally within the context of a bear market.… Please click here or the title below to read more.