MyInfo4U.net: current markets

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My top three markets are shaping up nicely for some great profit opportunities in the days ahead. In this week’s video update, I tell you what to look for … how they should pan out … and why you should stay alert, especially in gold AND NOW, oil!

Short-term Bottom In Gold...

We’ve got a short-term bottom in gold. Yellow metal should now be preparing for yet another new record high. No surprise — the deteriorating fundamentals … the sovereign debt crisis … the plunging euro … North and South Korea … stock market slides … and more — are all positive for gold.

Why silver could soon take off

Silver remains the preserve of relatively few contrarian investors. The media and financial press rarely covers it, and yet it is in the intermediate stage of a bull market that may rival that of the 1970s. The primary reason for this is the continuing and increasing global macroeconomic, currency and geopolitical risks; silver’s historic role as money and a store of value; its declining and very small supply; significant industrial demand and - perhaps most importantly - significant and increasing investment demand.
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The ONLY Currency Going Up …

The euro continues to crash, taking a beating due to the sovereign debt crisis. And while the dollar seems to be rising as a result of the sliding euro — it’s really not gaining strength. It too is losing purchasing power!

There’s only one currency in the world that’s rising — even hitting new record highs in terms of its purchasing power. To find out which currency I’m talking about, check out my video update for this week.

Phase 2 Starts Today! Invest in Gold & Silver - Mike Maloney

Recorded back in March before the recent moves in Gold! Mike Maloney explains how the next phase in the bull market has begun!

New RECORD Highs in Gold!

Morgan Stanley Asia, Stephen Roach Sees Increased Frequency of Debt Crises

Plunge in US equities remains a mystery

The day after $1,000bn was briefly wiped off the market value of US equities, traders were still trying to work out what caused share prices to plunge and then rebound so dramatically in a matter of minutes.
The conventional wisdom held that an incorrectly typed sell order – one that confused “billions” for “millions”, for example – was the likely culprit.
“The trigger for the sell-off was most likely some kind of errant order, a fat-finger typo, which set off a chain reaction of selling,” said Sang Lee, managing principal at Aite Group. “I would be shocked if that was not the case as the fall in stocks was so sudden and extreme.”
However, despite the persistence of this story, officials were struggling to identify a specific cause. “We still don’t know what was the initiating signal for the trading activity we saw on Thursday,” said Jeff Wecker, chief executive officer at Lime Brokerage. “The verdict is still out.”
Full article here