Tuesday, March 21, 2017

Midday View: Stocks, Oil Being Crushed, Dow Down Over 200 Points; Silver, Gold Rallying

Sorry to be away so long, folks, but car issues, Spring storms and internet incapacity have had Money Daily on extended camp schedule.

Not to worry, however, as stocks are tumbling midday on Tuesday. The usual culprits are blamed (President Trump and banks), but oil is also down hard, continuing the recent trend, trading in the mid-$47 range.

On the bright side, gold and silver are surging, perhaps as a notification to the world's leaders that fiat currencies backed by empty promises cannot outlast tangible assets or real money.

A little pressed for time at the present, this will be followed up on Wednesday, all willing.

No comments: