Gold, Silver and Bitcoin Surge as Market Prices Negative Dollar Interest Rates.

in steemleo •  5 years ago 

Today I cover the action in the Fed Funds futures market as yesterday marked the first time that the market price a negative target for the rate set by the Federal Reserve.

Yesterday also saw the U.S. Treasury 2-year note yield break the record low set on September 19, 2011.

To finish off I look at an alternative investment I recently made with proceeds from a cryptocurrency I didn't know I had until a couple of weeks ago.

Fed Funds future: https://www.cmegroup.com/trading/interest-rates/stir/30-day-federal-fund.html

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/

GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/

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  ·  5 years ago (edited)

Thanks again, Maneco64. Thanks again for keeping us educated. Yes, here in the USA, some common, whiskeys are becoming very collectible, also.
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  ·  5 years ago (edited)

It is funny how people who want to see higher gold prices, use TA patterns like cup&handle to justify their reasoning. XAU is showing that, but XAG not by a long shot. Silver would have to rise first to the 30usd level for even to start forming such a pattern.