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Gold & Bonds Surge As Stocks Purge After Al-Naimi Disappoints The Oil Market

Bond yields have plunged, stock gains have been erased, and Gold and VIX is on the rise again as Al-Naimi dashes the hopes once again that Oil has found a bottom...

 

Oil is tumbling...

 

And that means US equities are falling...

 

And the earlier Treasury panic-selling has been entirely erased...