Posted on 09/21/2011 7:20:41 PM PDT by blam
Asian Markets Fall On Operation Twist, While Euro And Gold Remain Lower
Sam Ro
Sep. 21, 2011, 8:17 PM
Gold
Image: FinViz
Asian markets opened lower after the Fed's confirmation of Operation Twist triggered a late day selloff in US markets.
Japan's Nikkei is down 1.3%
Korea's Kospi is down 2.7%
Australia' S&P/ASX is down 1.2%
News flow abroad remains light. US equity futures are trading flat.
Gold remains lower. The dollar index remains higher. Check out how the USD has performed against EUR since the Fed's announcement.
EUR/USD
Image: FinViz
(Excerpt) Read more at businessinsider.com ...
I was going to buy a few items for winter but canceled that plan after seeing the Fed’s moves and currency wars against us. It’s anti-American. The bond market is an illusion. We import too much, and the held-up wave of foreclosures should be completed. Our real economy (what’s left of American production) is being murdered, while we’re being regulated to death by local government employees flush with increasing money and time.
Let the dollar fall to balance with other currencies, and let the real estate market fall to what private sector Americans can buy. Or else (strike, no purchases, no sales).
Nice thread, blam.
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