Business Bible News Market Minute: October 22 @ 12:00PM ET

This is a Business Bible News Market Minute for Wednesday October 22 at 12:00 PM Eastern Time. According to Bloomberg, gold mining stocks continue to sell off as investors take profits amid a 2-day slump in spot gold prices. Global markets are down today. In overseas trading, the DAX is down 176 points. The Nasdaq is down 173 points to 22,780. Gold is down $31 to $4,056 per ounce. Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Wealth. This principle is found in Matthew 2–11. The verse reads: 'They went into the house, and when they saw the child with his mother Mary, they knelt down and worshiped him. They brought out their gifts of gold, frankincense, and myrrh, and presented them to him.' Learn more at businessbible.com where Daily News meets Daily Principle.