3/12/2020 Trading Futures Update -PMs, S&P500-Down Biggly, Crypto-BTC CRASHING

We look at the futures market, what a surprise from the overnight. As travel is suspended to Europe, people face the real possibility of being trapped overseas, worse yet, in quarantine in a strange country, burning cash unexpectedly. We are officially in a BEAR Market, the FED is realizing they are powerless to deal with this. Markets are breaking, cash is king, I don't mean fiat government notes. NBA is shut down, NCAA....March Madness will be played with no crowd.

Precious metals are holding their own, the gold/silver ratio near 100, just under at 97.. With all the turmoil, it seems a better play to buy real assets.

Stawks are at limit down, the futures are prevented from going down under 5%, we won't know the real number until 0930EST. Fair value is at -0.97, basically flat for a change. Boeing the worst performer in the DOW, down over 50% from the peak.

Crypto is dead, BTC is down to the low 6000's. UPDATE _ UNDER 6000

HODL, HODL until you see 3K again, BTFD. Total marketcap is now under 200 billion. Steem down 17%, priced at $0.1709.

Keep stacking. Go get you some.

Thanks for following @RollingThunder

Posted via Steemleo