The former Fed chairman Ben Bernanke has reportedly claimed that the 1.5 trillion in tax cuts and 300 billion more in new spending this year will lead to disastrous consequences. With all this stimulus coming into the financial sector and without being able to make up the revenue, he is predicting that the economy will fall off a cliff just like Wile E. Coyote
——PRECIOUS METALS——
Gold is over $1,300 and Silver is trying to get to $17. A quiet day for the metals going into the weekend.
——STOCK MARKET——
World markets were down yesterday which could be why the markets here a having a slow day like the metals are. Not a bad way to end the week after some big gains and it looks like we are marching towards 26,000 for the DOW.
——CRYPTO CURRENCIES——
Why does Steem continue to drop? I love this platform and it’s a great asset for the computer and technology age we live in. And since this platform is tied into crypto currencies it should be doing a lot better.
——OIL PER BARREL——
——US DOLLAR INDEX——
——BALTIC DRY INDEX——
——US DEBT CLOCK——
——STACKITIS——
And here we go with my favorite part of the post. Your daily dose of stackitis medicine.
#1. A Golden Day for you stackitis needs
Thank you for stopping by and I hope you enjoyed this post and found it enjoyable. Have a great day👍🏼🍺🥓
I like that Lion! Steem goes down because btc is down, exacerbated by the fact steem is an inflationary coin. That said, it's one of the few that has real utility and increasing in popularity every day. I'm hoping one day soon there will be an off/on ramp to USD, which would make it even more popular overnight and likely shoot to the moon! Beyond that, it's a long rollercoaster. Thanks for the post, always a good read!
I am really liking the gold @stackinag47! Especially, the gram bars. I have been looking at getting one or two and is on my goals list before the end of the year :)
Thank you for your continued support of SteemSilverGold
Stunning 1 oz Lion QB!!! Gold coins are always just beautiful! Very nice! I can look and stare at gold coins all day. Thanks for sharing! Good job, cugino!
I like that One Ounce Gold Coin with the Lion... Which Monetary Tool do you use to Measure its Value...???