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Everyday Pensacola :: General
 

 Markets plunging....

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TEOTWAWKI

TEOTWAWKI


Posts : 2169
Join date : 2012-07-30
Location : FEMA Region 4

Markets plunging.... Empty
PostSubject: Markets plunging....   Markets plunging.... EmptyThu Jun 20, 2013 7:09 am
Dow /quotes/zigman/627449 15,112 -206 1.35%
Nasdaq /quotes/zigman/12633936 3,443 -39 1.13%
S&P 500 /quotes/zigman/3870025 1,629 -23 1.38%
GlobalDow /quotes/zigman/629063 2,123 -48 2.20%
Gold /quotes/zigman/6585799 1,300 -73 5.31%
Oil /quotes/zigman/2291778 96.63 -1.60 1.63%
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Eric

Eric


Posts : 9738
Join date : 2012-07-30
Age : 73
Location : Pensacola

Markets plunging.... Empty
PostSubject: Re: Markets plunging....   Markets plunging.... EmptyThu Jun 20, 2013 7:57 am
I wouldn't expect to see gold headed down too.

The glut of low interest money may be over, and the markets are spooked.

On the upside, higher interest rates will allow for nest eggs to provide the income retirees planned on.
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