Stocks and Precious Metals Charts - And They All Fall Down - Non-Farm Payrolls on Friday

Stocks slipped again today, and a rally attempt failed into the close. 

The Dollar continued to slip lower. 

 Gold and silver edged higher. 

We will be getting the September Non-Farm Payrolls report for September on Friday.

Since this is often an occasion for a bear raid on the metals, those who do their daily prediction for a decline in the precious metals might get lucky.

It should be noted that all Non-Farm Payroll reports are created equal. Or more precisely, they may occur in different contexts.

All in all, precious metals are in a bull market that remains unbroken.

While they often move in a contrary manner, this does not mean that the Dollar must also decline.Sometimes they move in unison.  

But because most people in the US are referring to the price of gold in Dollars, this inverse correlation may often hold true for that currency.

Have a pleasant evening.

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