Equities markets on Planet Earth got crushed this week, averaging about -4.0% even after Fridays bounce which was not very convincing as volume was very light. US equites which has been one of the holdouts this year finally gave up the ghost. The Russell 2000 (IWM) barely managed to stay positive on Friday’s bounce and is up just +.75% year to date. On the other hand, Gold and Gold miners roared on Thursday. Soft commodities
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