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Global Markets Descend Into Contagious Panic As Italy Implodes

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posted on May, 30 2018 @ 03:41 PM
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and the price of gold and bitcoin looks pretty good now.

maybe we will see a run on the prices now




posted on May, 30 2018 @ 04:05 PM
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a reply to: howtonhawky

Etherium $553.08 -2.16% today.
The crypto currencies are still in a declining triangle, gold would respond to inflationary news but with higher interest rates limiting any rally.

If they expect investors to buy up bonds for unwound debt incurred during the housing price bubble collapse they will need to put stocks in a long term holding pattern. That would make approaching the Dow 25,000 a good point to short sell.

The independent bear market short sellers have a T+2 rule that prevents them from going short every day. If they took profits yesterday at the close they probably won't be back again till Friday or Monday.



posted on May, 30 2018 @ 04:17 PM
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a reply to: Cauliflower

no bitcoin is not is some downward triangle

you could be correct about the rest but i see the prices rising well in the next couple days

let's give it a week and see what gives




posted on May, 30 2018 @ 04:48 PM
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a reply to: howtonhawky

I advised my friend to sell his Etherium holdings back at $700 which would be the top of the trading range for the triangle.
You can still make money in a $200 trading range.



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