International emerging markets look to move north for the third day in a row as Gold continues its climb north towards historic levels. Wall Street Grand, a leading Investor newsletter in the small-cap arena, is pleased to share with the investment community and Wall Street Grand Club member’s market moving news felt across seas. Dubai is making a clear case against default sparking a third day of gains in emerging markets and relieving fears of another International economic typhoon. Also, the Yen lost ground under the assumption that Japan is looking to take profits since the dollars downturn helping to push Gold and Silver higher. This is just the fuel that Gold and Silver bulls have been waiting for.
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London is heading for a three week winning streak as the MSCI emerging markets index rose nearly 0.07%. The Yen dropped every traded currency while the American dollar dropped versus 11 currencies. Gold reached an astonishing $1,217.23 an ounce in London. S&P futures appeared to be stagnant.
More on the Dubai crisis, Prince Alwaleed Bin Talal (billionaire Saudi Investor) made it clear that Dubai’s neighbors will help to keep the virgin economy financially stable.
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