Wow! What A Blood Bath The Markets Are Taking.

The markets, metals, and crypto currencies are taking a huge killing. It’s a big turnaround from a couple of days ago. Let’s hope everything can level back out by the time we finish the week.

        ——PRECIOUS METALS——

We are dangerously close to the $15 dollar mark. If we go below $15 dollars an ounce we could see a very big slide to the the possibility of $12-$13 dollar silver. But with oil going up and the possibility of premiums going up we won’t see 12 or 13 dollar silver.... but maybe $14 and that would rock!

         ——STOCK MARKET——

With the bond market hitting seven year highs and the US dollar continuously rising, it no wonder that the stock market is taking a gut shot and is almost on its knees.

        ——CRYPTO CURRENCIES——

This is the reason why crypto currency‘s are so volatile. They had a huge parabolic rise and now are basically dragging along the bottom of the ocean like an anchor for a boat thats too small for the boat.

         ——OIL PER BARREL——

The United States continues to increase not only the output but bring on more rigs to drill as well. And we are getting ever so close to the $80 a barrel benchmark that Russia needs in order for its economy to start moving forward. With all the turmoil in the middle east, now is not the time for a oil wars.

        ——US DOLLAR INDEX——

A strong dollar will hurt exports and could lead to a lot of green backs coming back to America’s shores.

       ——BALTIC DRY INDEX——

         ——US DEBT CLOCK——

          ——STACKITIS——

And here we go with my favorite part of the post. Your daily dose of stackitis medicine.

#1. I have a small collection of my various sized prospector’s gold and gems silver poured bars

#2. I have for you a couple of 5 OZT Bisbee poured rounds and a few A-Mark 1 OZT pressed bars.

Thank you for stopping by and I hope you enjoyed this post and found it enjoyable. Have a great day👍🏼🍺🥓