The Second Great Depression has started, stock markets will suffer an historical crash that will be clear in 2012. This Greater Depression is just starting and will last several years, changing the political structure of the world. Crisis generate carismatic leaders with a ditactorial style and great wars.
Gold and Silver are taking their rightful place as currency with intrinsinc value, unlike paper currencies.
They are refuge and protection, also from a fiscal perspective.
S&P 500 presents resistance at 1202 to 1210 points and some support at 1100 to 1089 points and lower at 981 points.
Gold presents short term support at $1825 to $1818 and lower at $1656 to $1645.
The Euro euro presents resistance at $1,4530 and $1,4750 and support at $1,3730.
Crude Oil presents short term resistance at $88,60 and $91,50 and support at around $80.