Scrutinizing a flash, suddenly appeared on the screen “Mid-Year Market Report: Blow-Out First Half For Cryptocurrencies” inclined me to go with the wind while find the uncertainly looms around. Plethora of like reports “some believe” start bothering my brain to choose my first preferences for any such situation in future all of a sudden.
My first preference will be to gather my precious gems first then the boiling metal utensils in any such emergency, if any such situation arises without prior warning. I find precious metals are available at heavily discounted price whereas at the same time, base metals have suddenly become too hot to bring them with me.
Have a look at the suddenly misbalancing caused by PMI announcement, growing crude oil price and growing interference of world politics with economic equations; which has resulted in sudden shooting of World-wide Indexes, even with mismatched PE ratios.
I find this situation more precarious on July 3rd , 2017 when gold futures price is at heavy discount and base metal futures price are boiling enough to shoot up to new heights. Before stepping out on a long voyage, I would like to carry a golden stick than an Iron one to meet any uncertainty on the way ahead amid growing volatility which may cause an eruption of unfavorable weather conditions ahead.
Have a nice trading time.
