Stocks and Precious Metals Charts – No Fear for Equities – Gold Hits New All-Time High in Euros

from Jesse’s Café Américain

Stock futures slumped and the safe havens rocketed higher on Sunday evening, as the implications of the assassination of a high ranking Iranian figure weighed on risk perceptions.

But never fear, the markets managed to shake off all these concerns, and reverse their losses and retake much of the losses from Friday.

Huzzah, we win again.

And so stocks boldly stated that there is no fear. But your friendly financial spokemodel may have neglected to mention that gold just hit a new all time high in euros.

Gold and silver managed to hold on to a chunk of their gains as the dollar moved lower.

Continue Reading at…