Well the Black Swan swooned and the global markets tanked today. I was wrong--gold and gold stocks are also down severely. I look for fear and panic on Wall Street tomorrow.
Canadian stocks closed down 4.75 percent, and a key market index in Brazil was off 6.6 percent.
And trading Monday in stock index futures pointed to a substantial decline when markets reopen on Wall Street tomorrow. Futures in the Dow Jones industrial average were down 520 points, or more than 4 percent.
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