Stocks and Precious Metals Charts - The Fall of the Republic

Apr 20, 2022 at 5:54 PM EDT

Gold and silver bounced. The dollar fell back hard from 101 but managed to hang on to the 100 handle fairly well.

The wiseguys wanted to take stock up today is a risk on wash cycle, but the bombshell miss by Netflix weighed heavily on the big cap tech stocks, which are once again at the bloated heart of a stock bubble.

Gold and silver bounced.

The dollar fell back hard from 101 but managed to hang on to the 100 handle fairly well.

A strong dollar hurts the real economy but does well for the financiers who can buy up foreign assets on the cheap.

The VIX fell in the spirit of a wash cycle attempt.

And the band played on.

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.