Stocks and Precious Metals Charts - Gold and Silver Mugged On Dollar Rally

By Jesse of Jesse's Cafe Americain

Sep 7, 2021 at 5:04 PM EDT

Stocks were off but the big cap techs managed to keep on trucking.

The mugging of gold and silver this morning, the rise in the Dollar, on some perception about interest rates.

Some of the miners took an extra hit over their exposure to the political unrest in Guinea.

Stocks were off but the big cap techs managed to keep on trucking.

Today smells like teen spirit and a technical trade after the shock Jobs Report.

Have a pleasant evening.

(Click on image to enlarge)

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.

Comments

Back to all articles

More from this Author

Stocks And Precious Metals Charts - Stocks Overbought

Stocks And Precious Metals Charts - Stocks Float Higher

Stocks And Precious Metals Charts - The Wheels Are Falling