Today I look back at a historic week and month for the stock markets, the bond markets and precious metals.
After having made all-time highs only a couple of weeks prior the stock market dropped almost 20% from the top in a week that marked five straight days of losses for the Dow and the S & P 500 index.
Even though the gold price climbed to almost $1700 at the start of the week it also fell victim to the stock market meltdown as speculators and traders threw the baby out of the bathwater so to speak on Friday.
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Thanks again, Maneco64. There will come a time when the Local Coin Shop will no longer have the abundance of junk silver, that they have today.
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To throw the baby out WITH the bathwater.
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I don't think it was a natural market correction. Cartel raid gold feeling the system cold be broken by the gold price shot up. They also crushed the sock market so that they can boast of recovery activity before the U.S. election.
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Interesting times a lot happening with more to come I feel. Be great to see you on LBry 💯🐒
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