Stocks and Precious Metals Charts - Just Another Manic Monday

By Jesse of Jesse's Cafe Americain

Aug 30, 2021 at 5:12 PM EDT

Gold and silver were under pressure much of the day but managed to bounce back a bit into the close.

The story stocks in the SP 500 and the NDX were ripping higher today, with the big cap tech stocks going parabolic.

Gold and silver were under pressure much of the day but managed to bounce back a bit into the close.

Silver in particular finished almost unchanged.

The Dollar was unchanged, short of the 93 handle.

There will be a Non-Farm Payrolls report on Friday that could move the markets.

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.