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Markets Around The World Are Crashing; Gold Soars

Thursday, February 11, 2016 5:51
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(Before It's News)

Here are the highlights:

  • S&P 500 futures down 1.8% to 1814
  • Stoxx 600 down 3.4% to 304
  • FTSE 100 down 2.6% to 5525
  • DAX down 2.9% to 8760
  • German 10Yr yield down 7bps to 0.18%
  • MSCI Asia Pacific up 0.1% to 117
  • Hang Seng down 3.8% to 18546
  • S&P/ASX 200 up 1% to 4821
  • US 10-yr yield down 5bps to 1.62%
  • Dollar Index down 0.42% to 95.49
  • WTI Crude futures down 2.9% to $26.65
  • Brent Futures down 1.7% to $30.31
  • Gold spot up 1.9% to $1,220
  • Silver spot up 1.5% to $15.50

It all started in Hong Kong where as we reported last night, the Hang Seng Index plunged 3.9%, catching up with the week’s selloff as the market reopened from a holiday, and capping its worst Lunar New Year start since 1994.

More…

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As of the time of this post, gold is up $38.40 an ounce. How do you know when the collapse is here? When the markets crash AND the manipulation of gold as the historical safe haven, goes up. Gold has always been the indicator of the impending collapse.

David DeGerolamo



Source: http://ncrenegade.com/editorial/markets-around-the-world-are-crashing-gold-soars/

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