Gold Hits Six Month High As Cold War-Style Tensions Mount

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…