In it to Win it

159 - Monday Market Moves - SilverCrest, Goviex, & Global Atomic - What Happened?


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The S&P 500 has rolled over, it might even hit the 50 SMA. Another way to play that could be to bet the RSP Equal Weight Index, leaving us less exposed to the tech sector. Gold hitting on nice support, we can leverage that with Barrick and the ETFs. Silver dropped to nice support last week. SilverCrest came out with an updated Independent Technical Report. Turns out they have less metal in the ground than they thought they did. Read the report here and let us know what you think

Platinum is approaching a buy, and if you caught it TLT got pretty cheap for a hot minute. Fitch downgraded US Debt from AAA to AA+. Japan is selling bonds and treasuries like pancakes, both factors driving yields up. Oil continues to perform, collect your dividends and hold. Uranium spot is at $56.50 Goviex and Global Atomic have had first technical bounce.

GO TO THIS TWITTER ACCOUNT TO LEARN THE BACKSTORY OF NIGER AND GLOBAL ATOMIC

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DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.

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In it to Win itBy Steve Barton

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