August 2016: Quick Look at the Chart for the Market, Gold, Silver and Bitcoin




from WallStForMainSt

Mo from Wall St for Main St did a short video looking at the charts for the Dow Jones, SP 500, silver, gold and bitcoin! We will take a look on how the central banks low interest rate policy, QE program and currency wars propped up the market since 2008 and how it lost steam over the past two years.

We will also look at the gold and silver chart and how it performed so far in 2016. It maybe a good time to hedge your gains against potential correction in the market. But keep your eye on the resistance and support level.

Finally, we will look at the bitcoin chart after the 30% drop in two days.

Below are links mentioned in this video.

http://seekingalpha.com/symbol/SAND

http://www.zerohedge.com/news/2016-08…

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