Loading ...Bitcoin is down the least of the crypto’s, ether and litecoin are down 15%. Hopefully taking their rightful place with tulips in the dustbin of history. Snake oil.
So, when I look at gold down less than 1%, it doesn’t seem so bad. OTOH, when I look at silver down $1…it seems bad again. 🙂
Silver is just mainly an industrial metal, especially during market downturns. There are a lot of funds with long positions in silver, no doubt they’ll be puking. Banksters win again, simply brute force.
China lied and ended up buying 53 tons of gold in May, after saying they’d stopped buying. Imagine that.
Got a pretty good storm here the last couple of days. Didn’t expect the 95 mph wind gusts, but still have electricity praise God. Some awesome thunder and lightning, just beautiful. Only 5 inches of rain in the last 24 hours though. We’re on the tail end now. Will have to help my neighbor clear the branches and palm leaves from his yard. It’s a mess, and of course pick up the stuff that’s blown over into my yard.
Hunker down. It’s going to be OK eventually. 🙂