Monday Market Mayhem.....

in #steemsilvergold7 years ago (edited)

Good morning my fellow metalheads....

Hope everyone had a great weekend. It was the first time in weeks that we had great weather here. It’s syarting to feel like spring now.

On a different note. From the opening bell today the Precious Metals are taking s major beating. Gold is down $11.80, and silver is down $.41. Even oil prices are taking a plunge dropping $1.01 a barrel. The only thing up is the US dollar, which is plus $.37 right now.

Here is a look at the charts from Kitco.

0A6508C4-A5B8-43CE-8331-8971FA271CA4.jpeg

0BF47B55-9824-4AD3-9756-70F1FAD3910F.jpeg

Every time I think there will be a breakout, they smash it back down again....

Guess that means th stacking will be strong still...😀

Have a great day...


76578DC0-2DF0-4D8C-8928-BB946525CB7D.png

27B382CF-800B-4B7B-8E1A-16F4DAB2587D.jpeg

63529FF7-8FEA-4DF1-8B56-172A70067A3E.png

Sort:  

Just another day in the silver stacking world. Silver is not for the faint of heart!

WASH, RINSE REPEAT. The Players just keep playing the same game, as we fiat cost average our precious metals position........Bring it on Morgan Stanley, keep shorting as I accumulate real assets, Thanks for the present

I know what your saying. I has just started to feel like Spring where I live too and it feels great! Finally able to get out and stretch and get a little outside work done.

Hopefully, the PMs will pickup as the year goes on!

No doubt brother, it’s been a very long winter. They can stay down for me, that just means I keep buying👍

Time to buy some silver and gold!