Commodity Prices

Gold •499 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,565.20	-48.70	-3.02%
WTI Crude •7 hours	60.09	+1.40	+2.39%
Gasoline •7 hours	2.012	+0.052	+2.65%
Ethanol •499 days	2.161	+0.000	+0.00%
Silver •499 days	30.82	+1.16	+3.92%

Silver • 499 days	30.82	+1.16	+3.92%
Copper • 499 days	4.530	+0.111	+2.51%
Brent Crude • 6 hours	64.39	+1.38	+2.19%
Natural Gas • 7 hours	4.566	-0.080	-1.72%
Heating Oil • 7 hours	2.531	+0.066	+2.69%

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Mike Shedlock

Michael "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management.

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Draghi's 'Shock and Awe' campaign morphs into 'Shock and Aw Shucks'

By Mike Shedlock - Mar 10, 2016, 11:15 AM CST

In a series of stunning market reversals, ECB president Mario Draghi's "Shock and Awe" campaign quickly morphed into "Shock and Aw Shucks".

Earlier this morning, Draghi pulled out a Bazooka Package that was supposed to sink the Euro and save the eurozone from the alleged evils of deflation.

Draghi's plan worked for all of 15 minutes. The market then had second thoughts on the Euro, on gold, on the German stock market, and on equities in general.