It’s looking like a great start to the week! The markets are DOWN! Metals are DOWN! Oil is DOWN! So let’s see where the week will take us.
——PRECIOUS METALS——
After the slashing of the markets on Friday we are seeing some slow bleeding as the wounds are starting to heal. Gold and silver have retraces back to last months levels with sideways movements for the future.
——STOCK MARKET——
Russia sold off a lot of US debt and with the Fed still talking about 2 more rate hikes for the rest of the year the markets are having a down day
——CRYPTO CURRENCIES——
Some rebounds are in place today for the big three in the crypto world but Steem is still loosing steam. If SBD’s go to $1.00 will they theee as Steem falls to $1.00? Or will we see .99 cent SBD? We will have to wait and see.
——OIL PER BARREL——
Cheaper oil means cheaper gas and hopefully metals. And this could weaken Chinas influence in the basket of currencies that make up the SDR contracts.
——US DOLLAR INDEX——
——BALTIC DRY INDEX——
——US DEBT CLOCK——
——STACKITIS——
And here we go with my favorite part of the post. Your daily dose of stackitis medicine.
Thank you for stopping by and I hope you enjoyed this post and found it enjoyable. Have a great day👍🏼🍺🥓
