Caterpillar Cat Construction Equipment Sales in China Fade & The Price of Gold

Caterpillar Earnings Report April 12, 2012 Wall Street Journal Business Report 3:12 PM March sales of construction excavators in China look ugly, plunging 47% Y//Y to 23.3K units, with Caterpillar (CAT) sales off 51%. The numbers may not bode well for CAT Q1 earnings (report date 4/25), or the DJIA, over which the stock has…