Stocks Getting Crushed Again In Europe, Banks Down, US Down, Gold Soaring

sinking ship

[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Pendleton_Sinking_Ship.jpg”]

Panic, rinse, repeat.Everything’s getting killed in Europe.

We’re already anticipating a busy weekend of emergency telephone meetings.

France is off 3%.

Italy is off 2.6%.

Germany is off 3.5%!

US futures are all off over 1.5%

Gold is up to $1863. $1900 today?

Meanwhile, Europe is clearly facing endgame, as in there’s little to no tame for half-measures at this point.

See some observations on it here.