GOLD BAR

GOLD BAR
9999 PURE GOLD

Sunday, July 9, 2017

Saturday, July 8, 2017

SILVER FLASH CRASH

Around 7:00 p.m. ET Thursday, the price of silver plunged 11 percent from $16.14 to $14.34 an ounce.  However, it was short-lived.  Wall Street couldn't name a fundamental reason for the drop, but considered it another case of computer-driven trading that disrupted markets during a period when few were actively trading.  The drop occurred outside of New York business hours.



I remember the stock market flash crash in May 2010.  It was pretty tense for a few minutes.  Flash crashes are on the rise.  Computer trading has gone too far.  We need more controls.  Will this become a serious problem in the future?  Stay tuned


Mike   

Saturday, July 1, 2017

DOLLAR POSTS BIGGEST QUARTERLY DROP IN NEARLY SEVEN YEARS

The U.S. dollar index declined about 4.6 .DXY percent for the second quarter to mark its steepest quarterly percentage drop since the third quarter of 2010.

http://www.reuters.com/article/us-global-forex-idUSKBN19L04P?il=0