Admittedly, that title is click-bait as fuck. Being that I don’t run ads on iBC, ask me if I give a fuck. The dollar index is down 0.75% today. You do not see that very often. At the same time, palladium, platinum, and gold are all up around 2%. Silver is the real winner, up nearly 7%. No idea what the fuck is going on there.
I do know, however, my Ethereum is higher, tremendously, to $325. I simply buy some every month like paying a bill.
Futures are higher too, +88 NASDAQS. If you recall to the days when the dollar was trash, stocks traded up, as well as anything priced in dollars, such as oil. Also, foreign exporters did very well — getting paid in foreign currencies and reporting earnings in dollars. Once upon a time here, there was a dollar is trash trade and I suspect, or at least I hope, the days of the $100 tomato are coming back.
I have a long day planned ahead and will not be able to trade. I step into today with old man dividend stocks and JNUG — which is sharply higher. Part of me wants to book the 20 point profit; but there is another side of me that is restlessly greedy.If you enjoy the content at iBankCoin, please follow us on Twitter