Wednesday, 18 February 2009

Dear Daily Crux reader,

Here is your Crux PM update:

The No. 1 reason gold could enter mania phase soon
The four magic words you'll hear when it starts...

Today's entertainment: Mortal combat with a fisher cat
The picture accompanying this story is priceless.

Australian dollar could tank on commodity weakness
Weak commodity prices and lower interest rates mean a lower currency.

Russian stocks and currency plunge on banking scare
Nation's biggest bank hits four-year low.

Merrill economist predicts another 15% drop for housing, dashed hopes
No economic recovery on the horizon…

Asian equity meltdown: Japanese stocks at 25-year low
That's right: 25 years of treading water.

China becomes the world's natural resource pawnbroker
"China has turned out to be the bank of last resort."

Regards,

The Daily Crux
www.thedailycrux.com