You were warned about the markets They will be flat to red going into the summer but of course we will se the odd green day based on some positive news of the day. Even China is slowing down a bit, which the Chinese leadership wants to cool their inflation. Europe is a major trading partner along with North America in the purchase of Chinese goods. U.S is still on track with a slow recovery, but I am still worried about some of their fragile banks.
As I told you before all commodities including gold will be sold off to cover margin calls and equity losses. Gold long term will recover and rise. Cash is becoming king again