iBankCoin
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Joined Oct 24, 2016
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Market Wrap: Mostly Boring, Semis Rocking, Gold And Bitcoins Up After Germany Stockpiles And India Confiscation Continues

Markets closed flat to up in light and mostly boring pre-New Year’s trading. Nasdaq was up .45%, pushed higher by tech stocks.

callita

Semiconductors continued their run into the end of the year, with the PHLX up 1.22%:

phlx

Crude closed at $53.84, up 1.55%. Too bored to even post a chart. Imagine one.

highergGold and related stocks did well today, continuing it’s recovery from an 8 month low on 12/7. Perhaps accelerated German repatriation and Indian confiscation are coinciding with reversion to the mean?

 

 

btcSpeaking of India, Bitcoins are also surging, up 2.7% to $927.20.  Google searches in India for “Buy Bitcoin” have spiked in the last year in advance of demonitization, so not surprising.

demon

Things are quiet… too quiet. Are we all just playing a dangerous game of Dougie?

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3 comments

  1. frog

    Maybe we are like Dougie. But for the monent, we are in a nice end of the year up move.

    That video is incredible. I wonder how badly the guy was hurt. Best to look where you are going when crossing the street.

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  2. chuck bennett

    Frog ,

    You have never seen this one?

    Bubble boy , I’m gonna tell the other guys and girls to go easy on you.

    Regards

    Chuck Bennett

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  3. ironbird

    That commie globalist fag Harwood has spoken. Will be a story of some worthlessness.

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