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Don't buy gold until the Vix subsides

Forex

Post as promised… and I was asked to provide some more information on this assertion I made below. On Sunday I made a comment on Adam's post The normal playbook is that in times of crisis, buy gold. However, although that is generally true ,i. In these instances gold sells off. 

Eurostoxx futures -4.1% in early European trading

Forex

The pain train carries over to Europe in early trades – German DAX futures -3.8% – French CAC 40 futures -4.5% – UK FTSE futures -4.0% ForexLive Asian equities faced a torrid start to the week and the sour mood is carrying over to Europe as well. US futures hit limit-down very early in the […]

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