As reports emanating from Estonian officials warning of an impending Russian military invasion of Eastern Ukraine from persist, and the Russian government is making statements that Ukraine has “lost control” of the eastern part of the country and that it “reserves the right to intervene,” investors watch as gold is near a six month high and concerns in China won’t go away. As 2 PM EST, the stock market was down slightly but traders are watching the close – and more importantly the weekend action – and gearing up for what could be a highly volatile start to the week…
Gold Hits Six Month High As Cold War-Style Tensions Mount
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.