Monday Morning New Market Week Vlog ποΈ 7/29/24 π
(Edited)
π Monday AM Market Vlog ποΈ
- Gold & Silver
- Bitcoin
- Stock Market
- Hive
- Fed Rate Cuts?
Gold still looking good when we pull out at the year to date chart! β¬οΈ
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The rain just keeps comes man... Like it has rained 5 times already where I'm at. Hive is just going between 0.22 and 0.23
Itβs like the market is getting stable and we are getting better
I can use some rain here on the West coast. I think everyone is waiting for a shoe to drop. Will the Fed commit to their meager 1/4% rate drop? Or a tactical nuke bomb to drop? Employment numbers drop? Buying power of the U$D Drop? What won't drop is Inflation!
The markets indeed have been crazy, not only gold, silver, bitcoin but literally all in the world.
Last week was a huge sell week for AUD, JPY has been selling since May, you'd think the country was in the midst of a civil war or something.
While gold shoots till 2480 from its initial price of 2364 and is now trying to decide if it'll make that aim of 2480 its normal range or fall back down to 2360, all while sweeping liquidity along the way.
It's a tumultuous time in the market...
After the news, the price went up and then started to go down again August could be a good month for the altcoin.
The market will do what it wants and I agree with the liquidity issues. I just don't think we will really see much of a drop until after the elections though.
The rain makes the weather cooler right? I think that is one good thing about the rain but it sucks that it's a hassle going outside.