Bitcoin Goes Bonkers / Metals Jump Higher - December 22, 2017

in #bitcoin7 years ago

Bitcoin volatility hit a four year high today after dropping to just above $10,000 and is now back above $13,000. Silver and gold jumped higher. Here's a snap shot for spot silver, courtesy of www.kitco.com.

silver_Dec_22_2017.gif

For each of the previous two years, silver bottomed in early December and then charged higher into January and February. Looks like things are shaping up to see a rally in the metals in January for the third year in a row. I think now would be a good time to buy mining shares. Cheers!