Kevin's Thoughts on Gold, Silver, Bitcoin and Stocks! by handofzara

steemsilvergold · @handofzara · May 17 '19

$0.32

Kevin's Thoughts on Gold, Silver, Bitcoin and Stocks!

![Screenshot_2019-05-17 Kevin Bacon - Animal House Meme Generator - Imgflip.png](https://cdn.steemitimages.com/DQmSRiEx9FmgPsYkzn2GrMAmGvGYr172SkW48rfYspLmwK2/Screenshot_2019-05-17%20Kevin%20Bacon%20-%20Animal%20House%20Meme%20Generator%20-%20Imgflip.png)

Tell me Kevin why do you hate Gold?  You mean because of what happened today?

![Screenshot_2019-05-17 Gold Futures Price - Investing com.png](https://cdn.steemitimages.com/DQmaBdNavQi3piDRR1yMReho1d2edXYD5aoFNcopWkrrTFQ/Screenshot_2019-05-17%20Gold%20Futures%20Price%20-%20Investing%20com.png)

I see what you mean two days in a row and the COMEX Gold took a wallop!  In fact, it looks more like four days in a row.

But silver is nice, I like the way it sounds.


![Screenshot_2019-05-17 Kevin Bacon - Animal House Meme Generator - Imgflip(1).png](https://cdn.steemitimages.com/DQmeUtH8uJdaCGRGCQm7Hz6PnMcuitUL6SuG6XGvu4v52sG/Screenshot_2019-05-17%20Kevin%20Bacon%20-%20Animal%20House%20Meme%20Generator%20-%20Imgflip(1).png)



![Screenshot_2019-05-17 Silver Futures Price - Investing com.png](https://cdn.steemitimages.com/DQmUGY8w8djcL26BF1jrxTxHSK2iW1pe1Q8ErfVdeguobF1/Screenshot_2019-05-17%20Silver%20Futures%20Price%20-%20Investing%20com.png)

Yea I see what you mean, just like gold, two days in a row of absolute chaos. 

What are you going to do Kevin you need to put your money somewhere.


![Screenshot_2019-05-17 Kevin Bacon approves Meme Generator - Imgflip.png](https://cdn.steemitimages.com/DQmemkqj7y5zSxNqH29L3ckq21S3Cnws2wdYXJKZz3cgcgQ/Screenshot_2019-05-17%20Kevin%20Bacon%20approves%20Meme%20Generator%20-%20Imgflip.png)

I showed you the chart yesterday and even you said "It looks a little toppy", right?  And today look what happened.

![Screenshot_2019-05-17 BTC USD Bitcoin US Dollar Bitfinex - Investing com.png](https://cdn.steemitimages.com/DQmR9L4TDiWwfeSnCLUvLw9nXmKvCGRzuvUc7ZRZnswgwLh/Screenshot_2019-05-17%20BTC%20USD%20Bitcoin%20US%20Dollar%20Bitfinex%20-%20Investing%20com.png)

So what are you going to do Kevin, you have to trust something to protect your wealth.

![Screenshot_2019-05-17 Kevin Bacon Meme Generator - Imgflip.png](https://cdn.steemitimages.com/DQmQYYPMBbjExYBpX5uREmw6u27A2Ld24KbQY9eZzbqrvho/Screenshot_2019-05-17%20Kevin%20Bacon%20Meme%20Generator%20-%20Imgflip.png)

I don't know about that, I know they were up yesterday but today not so much.  Take a look for yourself.

![Screenshot_2019-05-17 S P 500 Index - Investing com.png](https://cdn.steemitimages.com/DQmU53SfnjuEVmyTEazvHVZi3mTLDaFsWVoZZ9HNec7aiPe/Screenshot_2019-05-17%20S%20P%20500%20Index%20-%20Investing%20com.png)

Today, the S&P made a new high and took out yesterday's low while still ending down for the day.  This is called an "outside day down", in expert parlance.  

Now this type of action is very important.  If on Monday or Tuesday the S&P dips below that low, we could see a dramatic drop.  

Conversely, if the S&P takes out that high of today in the next two sessions we could see a dramatic thrust to the upside.
It would be what is called a "bear trap", again in that expert parlance.

![Screenshot_2019-05-17 Kevin Bacon Meme Generator - Imgflip(1).png](https://cdn.steemitimages.com/DQmUP1XukHkrK2qiHofvwQy4xriFUYhLZUL4ujoAocVGLYM/Screenshot_2019-05-17%20Kevin%20Bacon%20Meme%20Generator%20-%20Imgflip(1).png)

Exactly Kevin, and that is why I get paid the big bucks for my advice!


![Screenshot_2019-05-17 Kevin Bacon Meme Generator - Imgflip(2).png](https://cdn.steemitimages.com/DQmSAAZa3q3HQNi5onaBwzv54nAxJv7qwW3cGex1awyxYUt/Screenshot_2019-05-17%20Kevin%20Bacon%20Meme%20Generator%20-%20Imgflip(2).png)


Peace out and Stack On!

👍 ssg-community, sbi3, guiltyparties, ladybug146, tbnfl4sun, yankee-statman, silvergoldbotty, accelerator, senstless, goldkey, myprecious, silverbug, vgholdingsllc, ronaldoavelino, pele23, willsparks88, fat-elvis, themanwithnoname, handofzara, imisstheoldkanye, bukiland, initech, hdu, meedo, dwingsworld, dixiesilverminer, rollingthunder, senstlessmonster, corndogg42

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