Stocks and Precious Metals Charts - Slouching Towards Jackson Hole

By Jesse of Jesse's Cafe Americain

Aug 24, 2021 at 5:58 PM EDT

Stocks were marginally higher to almost unchanged ahead of the Fed's symposium on Thursday and Friday.

The dollar slipped under the 93 handle.

Gold was nominally unchanged while silver managed to move a bit higher, compounding its recent gain.

There will be a precious metals option expiration on the Comex on Thursday.

The situation remains volatile and given over to short term speculative swings.

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.