Hi Slange and all,
looks like the "intervention" is not having the desired effect.
I would tend to agree, I noticed the DOW copped a hiding on it’s last trading day down: 799 points to 25,027 and whilst you guys sleep in Australia from the UK, I currently read the DOW at 24,027 down some 742 points! (5:45PM GMT)
Not sure if it’s to do with bond rates, trade or currency wars, some Black Swan or other reason but it doesn’t look pretty.
Gold on the other hand is holding at $1,242.00 and I’m happy with that for now!
Cheers and very best regards: Andy
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