The Fear Index, the Chicago Board Options Exchange volatility index, or VIX, continues to climb in the shadow of European debt problems The VIX is up 23.7% in recent activity.
Tuesday, May 4, 2010
Dow Down 250 Points; Fear Index Soars
The Fear Index, the Chicago Board Options Exchange volatility index, or VIX, continues to climb in the shadow of European debt problems The VIX is up 23.7% in recent activity.
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I am a bit puzzled being an amateur, but shouldn't gold and silver be going up today ?
ReplyDeleteThey are getting hammered right now.
If you read through EPJ, you can see that I have consistently warned that gold and the stock market would be heading down. There is no money in the system to hold either up.
ReplyDeleteIt is a fallacy that gold goes up during a down turn.
It is a fallacy that gold goes up during a down turn.
ReplyDelete-----------------
Oh really. I look forward to calling you out on this comment when the time comes....see you in July. And like the elephant I never forget.