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May 6, 2010

Mini Crash

Well, I was planning on waiting until the weekend to write the next newsletter from home, but we had quite a dramatic day, so I thought I'd sneak in some quick thoughts before heading to the airport. First, today's action was sheer panic. A 4% drop in equities... which stretched to near 10% at its depth... couple with a 3% surge in gold's price is ...

 

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