Ditto yesterdays comment. Equities up on better Chinese economic news. The hard landing in China is perceived to have been averted. Please note the word perceived. Romney appears to have the nomination sown up, if the concept of winning Florida holds true. The Republicans will at least have a candidate that looks good in a suit. Gingrich really needs to visit a tailor. No action on any serious front this year which leaves headline news( Europe) and free money the catalysts for the market. The markets have enjoyed a mutli year run on the back of zeroish rates, no reason for now to assume the same will not continue.
In the first half of the Yang Water Dragon, 4th February to 7th August, the active Water element will drain the METAL. As the result, the gold price will drop. But in the second half of the year, the gold price will be going up.
