Markets closed mixed on Wall Street: DJI -0.33% SP500 -0.22% Nasdaq +0.04% Gold +0.82%
The markets were mixed because:
- Quantitative Easing is still being digested. A liquidity flood this big pushes a lot of complicated buttons. Myth Busting: Taking on the Three Biggest Cliches About QE2 >>
- Europe is coming back in focus as the sovereign debt crisis continues. Ireland and Greece are making a lot of people nervous … again.
- The World Bank says maybe we need a Gold Standard (GLD). At least Politicians Can’t Stop the Gold Bull. Don’t Miss: Important Trading Targets for Silver (SLV) >>