Yesterday's crazy trading ended surprisingly higher, but markets overseas couldn't follow through.
Asian markets generally ended lower, with Hong Kong down 1.8%, Europe is sharply lower as well, with all major indices down over 1.3%.
In the US, futures are following suit, pointing straight down.
And following news of India's massive gold (GLD)purchase, the metal is trading at just below $1060/oz.
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See Also:
- India Makes $6.7 BILLION Gold Purchase From IMF
- RBS And Lloyds Get Staggering $51 Billion Second Bailout From UK Government
- Volatile Market Ends Higher (F, C, HGSI)
Full story at http://feedproxy.google.com/~r/businessinsider/~3/48BXcCrZuMI/asian-and-european-stocks-tank-2009-11
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