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Re: Dow Jumps, Gold Dumps As Markets Open After French Vote; Trader Warns "Beware The Hangover" 

By: Decomposed in POPE IV | Recommend this post (2)
Mon, 24 Apr 17 7:14 PM | 108 view(s)
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Msg. 24565 of 47202
(This msg. is a reply to 24554 by capt_nemo)

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Nemo: 

re: "A Macron 'win' in the first round of the French elections has (judging by the initial reactions) allayed many fears of imminent doom."

I'd say it was a win for both Macron and Le Pen. He beat her by only 2.5 percent, with 55 percent of the votes going to others. If those other voters lean even a little bit more toward Le Pen than Macron on May 7th, she's going to win.

I'm hopeful. If France goes for Le Pen, it'll be the final nail in the coffin of the European Union. That would be a good thing for the world. I doubt the stock market will react positively to it, though. Investors don't like uncertainty.
 




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Dow Jumps, Gold Dumps As Markets Open After French Vote; Trader Warns "Beware The Hangover"
By: capt_nemo
in POPE IV
Mon, 24 Apr 17 9:32 AM
Msg. 24554 of 47202

A Macron 'win' in the first round of the French elections has (judging by the initial reactions) allayed many fears of imminent doom. Dow futures are up around 200 points, Bond futures are down, gold is down (despite USD weakness)...

Stocks back at 3-week highs as gold sinks...

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http://www.zerohedge.com/news/2017-04-23/dow-jumps-200-points-gold-drops-futures-open-after-french-vote


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