Stocks and Precious Metals Charts - Rinse Cycle Complete

Jul 9, 2021 at 5:01 PM EDT

Stocks rebounded sharply today. Gold and silver also rallied sharply. The dollar drifted lower all afternoon but managed to hold on to the 92 handle.

When the precious metals get their big run, remember that the game is still afoot, and the field is not yet won.

For what does it profit a man...

Stocks rebounded sharply today.

Gold and silver also rallied sharply.

The dollar drifted lower all afternoon but managed to hold on to the 92 handle.

These jokers are running the market through wash and rinse cycles like it is a laundromat.

Stock option expiration next week.

Have a pleasant weekend.

(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.

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