3/31/2020 Trading Futures Update - PMs- Mixed, S&P500, Crypto - UP

in #steemleo5 years ago

We take a look at the first look of the futures market, we see all markets up. This is the last day of the first quarter of the year 2020. Window dressing and pension fund rebalancing has goosed the stawk markets. Paper PM has been hit, crypto's have rebounded.

Precious metals took it in the chin yesterday, looking to go up this morning. The USD has reversed, not sure which direction it will head, affecting PMs and Oil. Oil even going up this morning.
Physical gold is selling for about a $200 premium, silver about a 100% premium, yah, I believe the spot price.

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Stawks are up but fair value is at 3.4, a negative for the open.
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Crypto is launching higher. Total marketcap hanging around 180 billion

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Keep stacking. Go get you some.

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Thanks for following @RollingThunder

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To heck with the Paper Market, the physical is the real market.


Posted via Steemleo

Every day, the news just gets worse......PMs in the paper market is flat....what a joke as the economy crumbles.