Have Gold/Silver/Platinum Finally Bottomed?
With gold/silver/platinum’s strong bounce off of the Fed Fund’s interest rate hike last week, the consensus seems to be that everything has now bottomed, including even cryptocurrencies, with some of the most visible BTC analysts announcing that BTC’s bounce was indicative that it would continue rising to $50k by the end of this month. But is this more fluster or is there any truth behind last week’s mass media headlines about cryptocurrencies and precious metals? Let’s take a closer look.