Asian shares followed the selling in North America overnight, sending the ASX down 0.3% and the Nikkei down by a whole 2%. Euro markets aren't faring much better, slightly lower halfway through the trading day. Outside of the losses in Spain, Japan is now the worst performing major market year-to-date, with a gain of only 1.6%. Still, the picture in the global markets for 2012 is not nearly as bad as the headlines would have you believe. It has truly been a "wall of worry" year for the equity markets. Some have had reason; Spain is down, Shanghai has losses. Others are flat, like our TSX, Tokyo's Nikkei and Italy. However, most of the majors around the world have enjoyed double-digit returns for 2012... even bigger returns when we look at the trailing year (October 2011 having been the cyclical low in the markets). Can they hold up and continue to deliver?
MARKET COMMENTARY SPONSORED BY JUSTUS PARMAR OF:
Click here for information
News You May Have Missed
� Oct 10, 2012 - Keegan Provides Revised Resource Estimate For Esaase Gold Project
� Oct 09, 2012 - Gold Reach Expands the West Seel Deposit to the North and South Intersects 402 Metres Grading 0.47% Copper Equivalent
� Oct 09, 2012 - TomaGold Starts Metallurgical Testing on the Monster Lake Mineralization
If you would like to opt out click here. For more information about this service, please contact:Vantage Communications Ltd. at 1.800.574.0901, Suite 150 - 666 Burrard St, Vancouver, British Columbia V6C 2X8, This email complies with the US Federal CAN-SPAM Act of 2003
� 2012 Copyright Vantage Communications Ltd. All Rights Reserved.
International Enexco is a copper and uranium development stage company based in Canada.
International Enexco holds various exploration projects in Canada.
Its main exploration properties are LOOMIS, HOT POT PROJECT, MANN LAKE, CONTACT COPPER and MANN LAKE (JV) in Canada.