Stocks and Precious Metals Charts - Darkness Rising - Index Option Expiration Friday

By Jesse of Jesse's Cafe Americain

Jul 12, 2022 at 6:40 PM EDT

Stocks slumped back down to support. Gold and silver were hit hard once again.

Stocks slumped back down to support.

Gold and silver were hit hard once again.

As a reminder there is an option expiration on Friday.

A big slug of physical showed up in Hong Kong to replenish their dwindling inventory.

Funny how this always seems to happen after a major raid on the price of gold in London and New York.

Gold is moving from West to East, and it may not return in our lifetimes.

The Dollar closed once again just shy of the 108 handle on the DX index.

VIX moved slightly higher.

The banksters are going to be launching their own national stock exchange MEMX.

Have a pleasant evening.

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More By This Author:

Stocks And Precious Metals Charts - Continuing Ebb And Flow
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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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