Oops ... FUTURES ... they were up a few hours ago ... oh well, DOW -285 NASDAQ -78 S&P500 -28 US Dollar index is spiking at $90 .... it's spiking and silver is dropping .. complete inverse relationship there @abuckmaster147
all for fun Inflation rising .. https://www.marketwatch.com/story/dollar-jumps-after-january-inflation-rises-2018-02-14 "stronger January consumer price inflation data on Wednesday. Headline CPI rose 0.5% in January, compared with a forecast of 0.4%. Core CPI stood at 0.3%, versus a 0.2% consensus estimate. On the year, the headline index was up 2.1%, while the core figure, which strips out more volatile items such as energy, held back at 0.5%. The inflation indicator is seen as particularly important this time, as it will set the tone for the Federal Reserve's efforts to normalize its lose monetary policy this year. The central bank is expected to raise interest rates three times in 2018 so far," general economic stuff ==> https://www.marketwatch.com/story/u...ber-doesnt-look-so-good-now-either-2018-02-14
I was always wondering what Europe was going to do with all their bad debt from the economic crisis ... looks like the banks want to package up the bad debt and sell the portfolio to "investors" here's a really good, short, overview of european banking woes ==> https://www.bloomberg.com/news/arti...ope-s-bad-loan-problem-with-these-five-charts
I've been on a buying frenzy during this dip. With all the specials it was hard not to. Now it's time to throttle back.
I posted this in the deals thread but you guys might be interested. Kennedy Halves for melt. https://www.providentmetals.com/90-silver-kennedy-half-dollars-1-face-value.html
their title ... "90% Silver Kennedy Half Dollars | $1 Face Value" last time I checked I thought Half Dollars were worth 50 cents face value ?? are they MS quality like the picture too? LOL
So there are two to a $1 face value. Most Kennedy 90% are MS. I have dozens of original rolls, all in MS condition. I only have a few which are below that. That is a simple consequence of the fact those most never circulated.
Nice bump in gold $23. Dow Jones was up 253 — one percent. The 10-year Treasury hit 2.9 percent. Our Treasury is still the highest rate among major nations, but the usual knock-the-rate down with foreign buyers hasn’t materialized this time — at least for now.
I thought the same thing but after I read the ad and saw the price I reached for the calculator. You must be 2 of them so for a dollar face value you are paying spot. It made me laugh.