Stocks and Precious Metals Charts - Turkey Drop - Non-Farm Payrolls Next Week

By Jesse of Jesse's Cafe Americain

Nov 26, 2021 at 3:01 PM EST

The Dollar dropped back to the 96 handle, expelling a great deal of its recent speculative excess. The VIX rocketed higher.

Stocks dropped like a rock overnight as word of a new, virulent variation of the coronavirus came out of South Africa. It has already spread abroad.

The Dollar dropped back to the 96 handle, expelling a great deal of its recent speculative excess.

The VIX rocketed higher.

Gold rallied hard overnight but was slowly whittled down in the quiet New York trading to unchanged.

When the time comes gold will move like a flood, sweeping all manipulation aside.

Silver was lower, as it tends to follow equities a little more closely in times of stress.

There will be a Non-Farm Payrolls report next week.

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.

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Also Mentions:

GLD SLV UUP NDX SPX VIX

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