Tuesday, February 27, 2007

The Sky is falling

It looks like the sell off in the Chinese stock market has continued through Europe all the way to the United States. It looks like at the closing bell we are down about 4%. Wow that is a big chunk of change for a 1 day loss. I wonder how much further this will propagate. Will it make it around the planet one more time? Not likely, but you never know.
But why is gold falling at the same time. This is real wierd.

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