Market watch articleGood article
https://www.marketwatch.com/story/stop-blaming-greece-2011-09-27?link=MW_home_latest_news
It seems that the market forgot about Greece yesterday, The international markets have done so overnight and the futures markets show that Greece is a non issue to start this a.m.? How can that be other than it isn't really Greece causing the turmoil?
Technical and programmed selling has driven gold down as there has been no change in the recent economics. Gold is up $70 this a.m.
Funny yesterday , financials all turned on their heels and rose 3 or 4 percent attributed to comments that Berkshire Hatheway (Warren Buffet) said he was going to buy back his own shares. How does that relate to banks? Volume of Berkshire shares traded was 1.4 ( one point four shares). Reasons seem to be picked out of the air.
Based on gold's rise it looks like gold equities should make a decent run today. Seemed there was a point yesterday where the charts indicated bottom and lots of buying started.
Wes