GOLD NOT DEAD BUT PERFORMANCE CHASE ON AFTER ITALY $SPY $GLD $FXE $EUO $SLV $GDX $GDXJ $NUGT
Italians overwhelmingly rejected Prime Minister Matteo Renzi’s proposed constitutional reform on Sunday, and as a result, Renzi is resigning. Defeat of the reform proposal is a victory for the opposition Five Star Movement (M5S). Polls show M5S has gained popularity and is well positioned if a new election is called.