Loading ...Everything is Crashing
Except Oil….Up 5%…Go Figure…Schwabians say Oil will soon be Obsolete
Bitcoin Dow 12%
Stock Indices all Down pretty Hard
Gold and Silver Tanking
Commodities Down
Bonds Continue under Pressure
Powell thinks everything is fine
At Finviz in the commodities sector,
https://finviz.com/map.ashx?t=sec
NEM is holding fairly well considering huge sell off in other names like FCX after stellar run – this is an encouraging sign at least so far.
Running out of time to move bullion out of silver and into gold position in preparation to buy the ($#!T) out of silver again when the weak (short squeeze) hands cave. 80+ GSR will be in our future again I believe. Free ounces.
So if bonds are selling off and stocks are selling off and commodities are selling off and cryptos are selling off where is the currency flowing into?
Nasdaq already bounced 2% off its intraday low.
HUI is in the green now.
C’mon, are we counting on Fed to not make “some other announcement” soon? How many times have they done that in the past i.e. reverse course as soon as their tone sounded even a bit hawkish?
GL
Money Heaven
Not the stuff under my matress.