1811 Capped Bust Half Dollar

1811 Capped Bust Half Dollar

Tuesday, June 14, 2016

Time for Charting

Another Market top and dropping. Whats next ? The Dollar has bounced around off it`s recent bottom and gaining some. Oil seems to have topped and the chart shows it could drop to $ 44.50 then to $ 40.00 maybe. If the dollar remains rising then Gold and Silver could slip some in price. What remains to be seen is world economic events and a Presidential election. Will there be more QE`s in the coming years ? National Debt is now $ 21 Trillion. Some where down the line Gold and Silver will probably go ballistic, when that is, is another matter. My thoughts with oil is oil producing nations will keep pumping madly because that is their revenue. Venezuela is a failed socialist country in deep trouble. Nations in Europe allowed uncontrolled Islamic migration---invasion. That will be a huge expense for them and an irrational one. Spells more oil glut probably. It`s pretty much a big mess. Interesting times indeed.

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