Stock Market pull out 2nd largest amount of money in a single week — where is that money going? % to cryptos ?

in #esteem6 years ago

Source: https://www.marketwatch.com/story/investors-pull-30-billion-out-of-stocks-in-2nd-largest-weekly-outflow-on-record-baml-2018-06-29

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It really is a total coincidence that the week Coinbase open “custodian ability” for Institutional investors that you see a “massive outflow” from stocks over the week.

Could a percentage go into cryptos?

Do you really think people are into bonds with interest rates rising? Not a chance.

How about Gold & Silver ? They have been keeping that market down for years. I doubt it.

I am not suggesting this moneyis all going into cryptos but I do believe a small percentage could that does have the ability to move the crypto market.

Don’t look for anything this week — it’s the holiday week.

Look for next week when Wall Street gets back from holiday.

Everyone have a happy and healthy 4th.

Cyrpto fireworks coming 2nd of 2018 :-). (Not financial advice)

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cryptos have been going up lately, so i think some percentage of the money went to cryptos. Gold and Silver, maybe not

I am looking for next week to show us :-)

We see soon... but something yes is come.

Yes....I don’t think we would have all these larger players making such investments without knowing the payback and regualtions coming.

If I see something then I see this... The United States is bankrupt.
So... Markets need to go somewhere, or they will all disappear.

Most debt yes....no country looks that good at the moment.

Gold and silver might get their share too.

I think so...everything to diversify.

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