Gold Jumps To 3-Month Highs Amid China Tightening, Europe Turmoil, & Trump

www.zerohedge.com | 2/6/2017 | Staff
dewbydewby (Posted by) Level 4


OK - so, China tightens (worried about leverage), European sovereign risk spikes (Election uncertainty everywhere), Yen surges (BOJ tested again), gold spikes, Treasury yields tumble.. but US stocks are flat and VIX tumbles...

Off the post-Fed-rate-hike dip, Gold is up almost 10%, Dow's flat, and bonds are up...

Stocks - Re-opening - Golden - Week - Holiday

Chinese stocks sank overnight after re-opening following the Golden Week holiday (and after China quietly raised rates)...

European election uncertainty is starting to creak into risk assets...

Scenes - Debt - Ceiling - Concerns

and quietly behind the scenes, debt ceiling concerns are growing...

Friday's short-squeeze was unwound...

Dow

The Dow opened at 20,002...
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