Stocks And Precious Metals Charts - Dancing On Volcano

Jan 26, 2024 at 8:00 PM EST

The precious metals futures options expiration today was rather quiet. The mispricing of risks in the equity markets remains pronounced

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The precious metals futures options expiration today was rather quiet.

FOMC on Wednesday January 31^st and a Jobs Report coming on Friday, February 2^nd.

The mispricing of risks in the equity markets remains pronounced.

"The whole town and all its inhabitants are quite drowned in carnival din, masks and confetti. And on top of that the news of the Reichstag fire. Dancing on a volcano."

Alban Berg, Letter from Berlin, September 1, 1933

Have a pleasant weekend.

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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.