Blood is in the water….

Afternoon everyone…..

Well that didn’t take long…..

The first official trading day on the new year and blood is already in the water for precious metals. Precious metals are not alone Bitcoin is down as well.





I haven’t had a chance to look up the paper contracts on both silver and gold. But obviously something is up.

Out of the gate this morning I saw gold down as much as $40 and ounce. Silver was also down big at the time over $.60 an ounce. They have made a tiny comeback but are still down substantially. Gold is currently down over $28, silver is currently down nearly $.50.

Here is a screenshot from Kitco.

When Inget the chance I’ll dive into this more.