WEEKLY MARKET DIGEST: A CLEAR-EYED TAKE ON GOLD ROCKETING AND STOCKS SWOONING ON WEEKEND CRIMEA REFERENDUM JITTERS $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. ) A CLEAR-EYED TAKE ON GOLD ROCKETING AND STOCKS SWOONING ON WEEKEND CRIMEA REFERENDUM JITTERS March 14, 2014 Crimea, a region of Ukraine, will hold a referendum this weekend to join Russia. Gold is rocketing, stocks are swooning and bonds are rising on jitters. Lets take a clear-eyed look at the situation. The following are known: 1. The referendum will go in Russia’s favor 2. Russia will come up with some face-saving avenues for the West