Stocks And Precious Metals Charts - Audacious

By Jesse of Jesse's Cafe Americain

Oct 12, 2022 at 5:29 PM EDT

Gold was up slightly while silver fell a bit with the recessionary fears driving stocks.

Stocks attempted to rally, again.

And then fell again, testing the prior low.

Gold was up slightly while silver fell a bit with the recessionary fears driving stocks.

Inflation and Fed concerns are driving markets, obviously.

The PPI came in a little hot this morning.

CPI tomorrow.

I am holding a little short-term gold position but overall I will stick to the high ground.

Have a pleasant evening.

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Disclaimer:

These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy, I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for the purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflections on general macro financial and economic events and trends.

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