Market volatility in the currency, precious metals and stocks has gotten huge. This is exacerbated by disagreements among the experts, even those from the same company. Take Weiss Research. Sean tells us that the PM market is near turning up and recommends miners, while Larry continues to insist that we will have a huge drop in all then an upturn in gold and silver. To complicate matters, Larry told us that this week, that not only does he overturn his forecast of a huge drop in the DOW to 9,900, but that the Stock Market has now entered a new Bull Market. That was before the 200+ point drop yesterday. Today, Monti Agarwal, another expert from Weiss Research points out that the recovery is running out of steam and we can expect the S&P500 to take a tumble.
You might be perplexed. I am.
So, here is a possible explanation. The Markets are no longer responding normally as predicted by previous events. What drives the markets is the action of the Central Banks including the FED. Consequently, the markets have become unpredictable and hence the volatility.
Wednesday, March 7, 2012
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