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Economic, Commodities and Gold Outlook for Q4 2012

It's hard to look beyond anything but a bearish outlook for the short and medium term in any of the markets this blog covers in Q4-2012. The European space continues to lack firm direction and has few options left to play, Crude Oil supply looks strong but Syrian and Iranian tensions remain and weakening Chinese growth is of concern. Gold remains largely unchanged in the medium to long term on the back of ECB support for the EUR and the much anticipated third round of quantitative easing by the Fed.