Sunday, July 13, 2008

FASTEN YOUR SEAT BELTS : TURBULENCE AHEAD

Equities the world over have had a miserable first half for 2008. Indian and Chinese Equities have sold off very sharply. As the DJIA battles it out at the 11,000 mark; markets in Europe are struggling with the ever strengthening Euro. (EUR/USD now nearing 1.60).

Meanwhile Gold ended last week at $964.60, and has outperformed equities in 2008.


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