gold

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Oil At 5 Month Lows Despite OPEC Cuts

6 Dec 2023 2 minute read 3 comments SweptOverNiagara

Thanks for dropping by. Please subscribe and join the club! Good news for those who spend a lot of time driving, WTI Crude is down 3.87% for the day, at time of writing, while Brent is down 3.47%. WTI has dropped below the pivotal $70 mark to $69.52...

Robbery Linked to Gold Bars Found in Senator's House

5 Dec 2023 1 minute read 1 comment Orbital Blogs

Bob Menendez’s house contained gold bars from a robbery back in 2013. He had stolen them from a businessman accused of accepting bribes. It was said that he'd stolen it in an armed invasion, the serial numbers on the gold bars matched the gold bars s...

My Thoughts on Current Markets-46

4 Dec 2023 4 minute read 0 comments Perfectionist25

There may be an attempt at 104 in the dollar index this week. It is currently at $103.32. This may support the value increases of the dollar in international markets. Euro - Dollar parity worked at 1.0850 support level as expected. It is currently at...

Economic Shifts Incoming: Did you Hodl?

4 Dec 2023 1 minute read 0 comments OfTheFreeMarket

“HODL” It’s been a bumpy ride. Market contractions and expansions are a part of life. With the upward trends over the past few months in digital assets, the question always remains: did you Hodl?  I sure hope so. It seems like these gains are overdue...

Bitcoin: The New Gold Standard?

4 Dec 2023 1 minute read 0 comments KMatt

The shocks of the economic situation in recent years have been felt in every sector, especially in the cryptocurrency market. The debt of 33 trillion dollars of the United States, first Covid then the war in Ukraine, Israel, skyrocketing inflation et...

Record Gold High - Smashes Its Way To Almost $2,140!

4 Dec 2023 1 minute read 1 comment SweptOverNiagara

Thanks for dropping by. Please subscribe and join the club! Gold just hit a new all-time high in Asia's overnight trading. Yes, that's almost $2,140. Friday's close at $2,071 was a record breaker while the day before, on November 30th, gold had its...

Executive Order 6102- We Will Be Taking Your Gold From You

3 Dec 2023 2 minute read 1 comment SeventyFourSeventyFive

Ever wonder how much power we give the US government? Just for fun reading, here is a brief story in American history where gold ownership was against the law. This period started in 1933 and lasted four decades and it was called Executive Order 6102...

My Thoughts on Current Markets-45

2 Dec 2023 3 minute read 0 comments Perfectionist25

There is rapid movement on the Dow Jones side. Bollinger came and hung out for a few days. Then, with the breakdown on Thursday and Friday, it moves upwards towards its previous peak. The peak after the pandemic was around 36800. We can probably say...

Gold Hits New All Time High!

1 Dec 2023 2 minute read 0 comments SweptOverNiagara

Thanks for dropping by. Please subscribe and join the club! Gold just hit a new all-time high of $2,076.20 in the futures market.  You're among the first to get the news as the story continues to evolve quickly. While there appears to be no real cat...

My Thoughts on Current Markets-44

30 Nov 2023 3 minute read 0 comments Perfectionist25

Euro - dollar parity may hang below 1.09 level. It may test the 1.0850 support level one last time. In upward movements again, we will see a Euro - Dollar parity that settles above the 1.10 level and continues on its way in 2024 as 1.12 - 1.15 - 1.17...