Stocks and Precious Metals Charts - La Douleur du Monde

By Jesse of Jesse's Cafe Americain

Nov 16, 2021 at 5:32 PM EST

The Dollar was showing some continuing strength today, as the DX index ran up to just short of the 96 handle.

Gold and silver were weakened, for a change of pace.

No flight to safety here.

Stocks were higher, although it seemed to be a little weaker and more narrow than one might expect.

I do think we are shaping up for a dire short squeeze in the physical metals.

But it has been a long time coming.

Gradually, and then all at once.

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.