The S&P 500 ended with its fourth straight loss, even thought a last hour rally helped trim the decline of its by much more than over 50 %. Manufacturing, health care and financial stocks accounted for a great deal of the selling. Technological innovation stocks recovered from an early slide to notch a gain. The…
Should the Dow Jones to gold ratio retrace to 1:1, which it has on a number of activities of the past, the gold price could climb to $15,000 to $20,000 an ounce assuming the metal catches up to the Dow, as reported by Pierre Lassonde, chair emeritus of Franco-Nevada. Lassonde retired from the board of…
Should the Dow Jones to gold ratio retrace to 1:1, that it’s on a few occasions of the past, the gold price could very well go up to $15,000 to $20,000 an ounce assuming the metal catches up to the Dow, based on Pierre Lassonde, chair emeritus of Franco Nevada. Lassonde retired from the board…
Bitcoin, Ethereum Hit Milestone Levels Summary Bitcoin (BTC) and Ethereum (ETH) remain to keep good uptrends. Precious metals are in target as BTC and gold (gc) show correlation. Market Trends This WeekBitcoin (BTC) and Ethereum (ETH), the 2 greatest cryptocurrencies, carried on their bullish fashion this week. After an initial failed breakout action, Bitcoin finally…
