Wednesday, April 4, 2012

Daily Market Snapshot 04 03 2012



The market weakened a little.
The release of the FMOC (Federal Open Market Committee) minutes seemed to indicate that the Fed sees no further quantitative easing or QE3. The Market immediately sold off and future are down strongly this morning.







Gold related assets were hit very hard and are down sharply in the futures market.

April 2nd = Blue
April 3rd = Red
April 4th = Green


Gold as of 6:00 am this morning.

We will be stopped out of our small gold related positions today.


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