Crypto Currency Bubble Ready To Pop

By Kitco News / June 05, 2017 / www.kitco.com / Article Link

(Kitco News) - The "fear of missing out" is pushing Bitcoin and EthereumCrypto Currencies to huge bubbles. The sustainability of these patterns has nochance of succeeding. That doesn't mean they won't be higher years from now butfor now these bubbles will pop and most likely have a mini collapse.

Gold and silver are steady on support and look like they areturning into the next bull market. I am looking for gold to test 1,300 andsilver 18.00; the metals are being bought here as a small fear trade. The dollaris showing a little strength, oil is flat and the loonie should hold 74.

By Todd 'Bubba' Horwitz

Contributing tokitco.com

ContactBubba@bubbatrading.com www.bubbatrading.com/ Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities,securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
Stockpools Contest

Recent News

Uranium volatility after Russia's US export restrictions

November 25, 2024 / www.canadianminingreport.com

Gold stocks rebound on metal bounce and equity rise

November 25, 2024 / www.canadianminingreport.com

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok