Gold Futures were off the most in a month yesterday, and silver had the largest one
day decline in more than a year. The U.S. dollar is up, and the U.S. stock market looks
as if a top has been reached.
Here is an article from Coin News
Read the entire article as China does factor into the overall outlook…
"China is tightening its lending restrictions," Andy Lipow, president of Lipow Oil Associates LLC in Houston, said on Bloomberg. "The implication is to slow down growth, and that reduces the amount of oil the market thought it may require in 2010."