Holy Fortune Cookies Batman! Shanghai Stock Market Index Down 5% Today

World markets are getting more and more volatile, financially and socially, with the China/HK indexes continuing to lead the way down toward the bottom of the ocean where we find a massive ecological disaster and to the bottom of the sovereign savings account where we find zero cash and mounting trillions in printed IOU’s that will in history never be paid back…pray tell what the future holds is a continuation of steadily and ultimately radical transformation in the socio-economic landscape worldwide?
Indexes worldwide including the Australian, HK and others are down a further 2-3% with the Shanghai and Shenzhen indexes down over 5% for the day. Meanwhile Europe has opened soft with the Euro hitting a new four year low; the U.S. markets are threatening a bounce, short squeeze rally…any rally would still be regarded as opportunity to add to short positions…any pullback in gold toward 1220 would be regarded as opportunity to add to long positions in gold. However, consider the extreme volatility which will most likely continue to create exaggerated swings and test your nerves. Good luck…Cheers, Mario
Read the original story at Mario Cavolo
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