Gold Silver Reports ~ Intense selling returned to Wall Street in afternoon trading Wednesday, pushing the Dow down 365 points and slicing 3.4% off of the tech-packed Nasdaq, dashing hopes for a third straight day of gains on Wall Street and extending the financial pain in what has been a horrific start to the year.
Earlier in the day, it appeared the market math was basic Arithmetic 101: Better data from China plus higher oil prices equals higher stock prices. But that investment thesis gave way later to fears of a global recession and the decision of investors to pare back risk and sell stocks confirming that the bearish trend is in full force. ~ Neal Bhai Reports