posted on Aug, 5 2011 @ 03:35 AM
reply to post by icepack
Just like every other bod around, speculative. but thanks for trying to de-rail in what is a very live and current situation.
As for my financial knowledge. At least that knowledge has helped me keep a profit in my company in the last 3 years.
Anyway back to the Topic at hand
Both the FTSE and DAX have been trying to claw back some of the initial losses. But still around 2% down on the open.
Gold is up $7.4 on the open, after massive sell off yesterday to cover margins and gain liquidity. Personally I think it was a forced buying
I guess everyone is waiting for the Job figures out of the US later today.