World markets "easing" (crashing) uh oh. This is how powerful Ben Bernanke is. 1 single ambiguous statement to the effect they could taper in the next couple of Fed meetings and look how markets react:
This only shows how much the market rally is artificial, a fake that will make a few new millionaires and wipe everyone else out. Watch as all the stop orders get triggered and a margin calls start coming in.
But then again to be fair, this crazy market could see the drops as a buying opportunity and rally within 48hours. The Fed has stuck its nose in the markets and now almost no one knows how to value anything.
Flip a gold coin or throw a dart on the wall. None of us have a clue what is truly going on.
Same goes for gold and gold stocks, I have no clue how the market will react to it in the near or medium term.