In this report I cover the early market action from London on Monday, June 11th, 2018. I look briefly at the the dollar, the stock market and the bond market. I also note that the Federal Reserve's FOMC will be meeting on Wednesday, June 13th and that hey are expected to raise their target for the Fed Funds rate.
I look closely at the technical picture for silver and gold and note that the precious metals are waging a mighty battle against the central banking forces or the bullion banks. Silver especially is trying to breakout from a long term triangle formation that could see its price move sharply higher if it happens.
My conclusion is that we are close to a breakout and that if it happens the FOMC meeting on Wednesday could be the catalyst and I also think that silver would lead the way and that the gold price will follow.
I also go overt the current EOS BP voting that is taking place to pick the inaugural 21 BPs or Block Producers necessary to validate the EOS chain and get the network going.
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Thanks for your update... @maneco64.. I voted for Bitspace, LiquidEOS & EOS Canada using the LiquidEOS voting app. Very user friendly.
I used the EOSportal.
I like videos and love to watch and comment on your videos, because you are very quick to respond to a comment that I give, so I always give you support. thank you for sharing knowledge
Thanks @aiyub99.
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Welcome @maneco64
Thanks for sharing this dtube.
That's great market.... best of luck
first thank you for again post about update market report.I follow your every report.your every analysis is best.
cryptocurrencies really a amazing way to change our life...thank you sir for your useful post
Thank you for share a great post.
I follow your update report everyday but today I don't know why Silver Price Breakout.
Effective update..@maneco64. I am a big fan of your videos,I hope you analysis about market money. Excellent video.thanks for sharing with us you are great video
Weldone Sir. Great information about silver, gold and dollar market. EOS up and STEEM Down. Thanks @maneco64
Most welcome sir
Thanks for sharing this cryptocurrency.
Thanks for you
Great info.. @maneco64.. BitSpace and other Block Producers are in the process of auditing Scatter and Eosportal’s code to make sure that it is secure to token holders.
Welcome @maneco64
Thanks for sharing this dtube.
That's great market.... best of luck
Such a valuable market analysis about the stock market and the bond market. I always appreciate your dtube video explanation. Thanks sir @maneco64 for always providing the market update.