WEEKLY MARKET DIGEST: OIL DIVE LEADS TO SPECTER OF DEFLATION, GOLD AND INTEREST RATES FALL $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. ) OIL FALLS AS OPEC DOES NOT AGREE ON PRODUCTION CUTS November 28, 2014 WTI oil has fallen below $70 as OPEC does not agree on production cuts. Currencies of commodity countries such as Australia, Brazil, Canada, and Norway are falling. Gold is following oil lower. Interest rates are falling on the specter of deflation. Our very, very short-term early stock market indicator is negative. Gold futures are at $1183, silver futures are at $15.94,