gary shilling later in the hour.that iron ore broke down to new weakness overnight. i miss that earlier. let's go to the terminal and look at another commodity, gold. inflation adjusted gold. i bought here and sold here. all you have to now, down we go with inflation and up to go with the idea of coming back to the trading range. : the idea of buying gold as a safe haven has turned down. we need to continue to focus on paris with important news. we just saw the french president speaking in paris and we need to speak to hans nichols who will brief is and how europe is responding to what we have seen in paris. good morning, just a few things on the numbers -- it spentlike france was another $600 million on this enhanced security. they are debating in the national parliament whether or not to extend emergency powers, extend powers to president hollande. they already increase the defense budget by $4 billion net gets to the larger conferenc conversation. down a marker and they will defend the security before they defend

scarlet: that was gary shilling. -- the house now has enough votes to pass the refugee bill. we're looking at live pictures of the house boating. they have enough votes to pass and the idea would be to block syrian refugees. president obama has said he would veto that if it comes to his desk. we will keep you updated on those headlines as they cross. we will be right back. ♪ alix: the house now has enough votes to block syrian refugees from the united states. we are looking at live pictures of the voting and president obama has threatened to veto the bill of it comes to his death. we will keep you updated as they cross. as the holiday season nears, retail has taken a turn for the worst. sales in brick-and-mortar stores and online have fallen below expectations. on bloombergs this morning and talked about changing consumer behavior. >> traffic has slowed down tremendously in the last six months. it's an interesting phenomenon. customer.o entice the they are going to malls now and instead of going to 10 stores, they ar

we have no respect for gary shilling, with us tomorrow. inflation andon disinflation. a critical time. six cut tomorrow. features -4, dow futures -31. ♪ francine: getting some news from the parisian raid. these are live pictures from saint-denis, where brendan greeley is on the ground. a lot of reports saying the operation may be over. we have to confirm that. what do we know? r newsroom in paris has that confirmation from the french spokesperson for the french interior ministry. the raid is over. we are seeing in the pedestrian zone a little more police activity. it had been deserted until a second ago. half an hour ago, they let official photographers, not press photographers through, suggesting they were looking at the scene. 7 people are arrested and being held in the town hall in saint-denis, they have not been taken into paris. two people have been killed. we do not have confirmation whether any of those people iis abdelhamid abaaoud, he was the target of the operation. am: very quickly, is there sense that this is the final moment or is this just a spot on the w