Gold and the euro are taking a beating after U.S. fourth quarter came in at 5.7%, blowing away expectations. (See the full GDP release here)
Gold shown below, in green. Note the sudden drop.
The euro has done the same in just the last half hour:
Meanwhile stock futures are pointing up. It could be a strong day for the bulls.
Join the conversation about this story »
See Also:
- No Wonder Greece Is Bankrupt: It’s So Corrupt That Nobody Pays Any Taxes
- EU Privately Freaking Out About Greece And The PIIGS Breaking Apart The Union
- Soros: When I See Bubbles, I Buy Them