Afternoon everyone….
I’m pretty sure by now that you have all heard about the missile strike on Israel by Iran. I’m also sure that being on a crypto platform, that you have seen the immediate affect it had on the crypto market.
Bitcoin nosedived nearly 10K in under an hour. All the alt coins took a twenty to thirty percent hit as well.
Yet gold hasn’t moved at all….
If you were tracking gold futures price on Saturday. They had gold as high as $2,460 that day. Yet today we opened with gold in red numbers.
They are hiding something and doing major damage control….
The timing of the missile attack was bad for the markets. If they had been open, you would’ve seen massive movements immediately in the stock market and in precious metals.
But because of it being the weekend, they were able to get ahead of it.
Don’t be fooled. This is going to escalate further.
And when it does…..
Also what’s unusual about today’s markets is the stock market is up over 150 points and silver is up nearly $.60. Very strange
Look at the screenshot from Kitco: