Tuesday, May 31, 2011

Yahoo Breakout: Are Emerging Markets in Better Shape than U.S.?

Paul Simon of  Tactical Allocation Group (TAG) gives his thoughts.

This starts out as an emerging market story and ends as a commodity story. That could be because the emerging markets mentions are rich in natural resources, which is what commodities are.  And these markets are in bull markets now.  Gold could hit $3,000 an ounce.  Familiar story of how and why this is happening.

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