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NASA estimates that the near-Earth asteroid, Eros, contains 20 billion tons of gold.

The latest news:


EURUSD Trading strategy this week

The strong data for U.S. ISM Services today for March of 63.7 very higher than the key border of 50.00 do not help the Dollar. ISM Services consensus expectation was 58.5 also higher than one month earlier of 55.3. The potential of the Dollar ends at levels below 1.17 and many investors open long positions with expectations to hold EURUSD long above 1.20. Tomorrow (Tuesday 6th) is expecting EuroZone Unemployment Rate for February as the consensus and prior month report are equal to 8.1%. EURUSD found very strong support at 1.1704 and 1.1748. recommends to hold long positions and use the level below 1.1748 for stop. The target is a long-term of 1.20 and may happen in the mid of April 2021.

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Oil price down strongly in combination with 3 news

The positive news from Alaska for Oil (Alaska's North Slope holds heavy oil of billions barrels shows 4-years study) is a very important news for oil industries in the long-term period. At the same time the locomotive of the world economy - Asia started to weaken as the Chinese buyers orders went to lower levels. At the same time we can see technical corrections of Oil prices based on a couple of indicators. Combine all these news today and the result is Oil Price WTI (New York) dropped by more than $6 in a couple of hours. The Oil price dropped almost 10% within 8-hours. What will happen further? trading strategy is to continue trade in a short position during the Asian session. Although the expected correction upward during the European session on Friday the trend of downward continued. The WTI price started the big fall from $64.70 to $58.24 and is on the way to down below $55 in the next 72-trading hours.

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How U.S. citizens will use helicopter money and how they will lose these money?

Each American citizen is on the way to receive $1200. How will they spend the money? The question of how it is planned to order the use of the money from the helicopter, 37% of the surveyed applications, is sought in order to collect shares on the stock market. The inflation of the stock market will continue. We can see the Dow Jones Index over 35000 and at the same time S&P close to 4200. The new investors may see the light and continue with investments. But this scenario is well known to the big fish. warn these new and old investors that it is too risky. These people are on the way to lose the money because all these predictions and plans are already in the stock market bubble. After the spending of these money many new investors will start to lose as the shares are on the way to collapse. Dow Jones is 100% sure that will go back below 28000 while S&P may lose down to 3300. If you invest in Stock Markets our idea is that it is too late to make a good profit. Don't waste these money in Stocks it is better to use another market like investment in Metals.

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