Global Slowdown is confirmed after close today...
Fed Ex is a great barometer of the US economy. They issued an "ominous warning on the global economy" according to Yahoo. "Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S." FedEx CEO Raj Subramaniam warned in the release. But all is well and the FED will raise rates by .75% again next week. Yeah OK. The slowdown has officially begun and the US dollar will start its decline soon as rates top off in the next month or so. All of which should be good for our precious metal....