Stocks and Precious Metals Charts - Dollar Lower as Gold and Silver Shine

May 25, 2021 at 5:23 PM EDT

Gold and silver were in rally mode with gold hitting the 1900 level and silver closing above 28. All in all not bad for a Comex option expiration.

The housing data from this morning reawakened concerns about inflation.

Gold and silver were in rally mode with gold hitting the 1900 level and silver closing above 28.

All in all not bad for a Comex option expiration.

The dollar moved lower into 89 territory.

The VIX was a little higher.

Stocks were trading weakly.

Let's see if gold and silver can withstand any post-expiration gut checks and nail some closing numbers over key objective prices, or not.

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.