Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

More Market Madness, Gold Continues To Climb

|Includes:ProShares Ultra Silver ETF (AGQ), DGP

Once again, all of the major stock market indexes are plummeting sharply lower. The S&P 500 Index e-mini futures (ES U1) are trading lower by 15.00 points to 1128.50 per contract. The problems in the European Union continue to grow by the minute. It is now looking more and more difficult to bail out banks that may be insolvent. Traders must be on guard today against any news coming out of the Europe Union regarding the Euro-bond, this proposal was just shot down by the French and Germans a few days ago. This could very well be the last option to bail out some of these European banks. In any case, all of the stock markets around the world are declining.  ..