12/9 Trading Futures Update - PMs-Up, S&P500-Down, Crypto-Up

in steemsilvergold •  5 years ago 

As we open trading on this second week of December, we are well away from window dressing and about to embark to the December 15 tariff deadline. Fake impeachment news, expect moor trade talks are going well statements when the stawk markets are fading.

Precious metals are up this morning, the USD is up slightly at 97.685. Gold at 1463.

S&P is down this morning, fair value at -0.19, a slight bump to the opening bid price.

Crypto is up, total marketcap around 204 billion.


Keep stacking. Go get you some.

Thanks for following @RollingThunder

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Fake impeachment news always makes me giggle when I hear it. I don't pay attention to the news, but I always tend to get a glimpse of it when I'm out and about like walking through a coffee shop or heading into my gym. It's even funnier when I hear someone talking about how the impeachment is imminent.

As we see consolidation in the traditional equity markets, do you expect a rise in crypto? I always love hearing different opinions on that matter.

p.s. I wanted to let you know that the Steemleo team is running a promotion to get new users to our Steem interface. If you make your first post on there, we'll give you a $5 upvote from this @leo.voter account. I like your style of content and would love to see you become a regular author on SteemLeo! Feel free to reach out if you've got any questions 🦁

Thanks for posting @leo.voter.......if you have read through some of my post, left and right is the same....a diversion away from the reality of stealing wealth from the people and feeding the banksters.

As far as your question, if we see a huge correction in the equity stawk market, we will see everything fall, crypto, metals, etc., as margin calls and liquidity is drained. Maybe this will be the spark that weeds out the weak tokens and shift to those that have the most economically viable uses. Precious metals, land, and real assets will rise out of the ashes.

With the fed doing QE again I’d bet markets keep going up or stay flat but not a correction anytime soon. Just my opinion.

Anything is possible

Could be very true as they say, Don't fight the FED. But we are not getting a fair fight when we do not know what the FED is doing with their dark money. Are they buying foreign bonds, companies, now we hear Hedge Funds and CLOs. When we don't allow failing companies to fail, it creates mal-investment.