Stocks and Precious Metals Charts - This Attractive But Deceptive World

By Jesse of Jesse's Cafe Americain

Oct 22, 2021 at 5:10 PM EDT

Gold and silver were up sharply, but manage to get sold down a bit into the close. No breakout yet.

Stocks, meaning the SP 500 mostly, took another run at a new high today and fell short again.

The Techs are floundering a bit as the enthusiasm for the speculative bubble wanes.

Gold and silver were up sharply, but manage to get sold down a bit into the close. No breakout yet.

Gold continues to be drained out of Hong Kong.

The dollar edged lower.

Have a pleasant weekend.

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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.