Stocks and Precious Metals Charts - Wonderland - Non-Farm Payrolls Report on Friday

By Jesse of Jesse's Cafe Americain

Dec 2, 2020 at 5:24 PM EST

Gold and silver managed to hold and extend their gains. The Dollar slumped down to the 91 handle.

Stocks were slumping today, in part because of weak ADP jobs number and the record resurgence in COVID cases and hospitalizations in the US.

But in the quiet of the afternoon, they managed to rally themselves, drifting higher to close in the green.

Gold and silver managed to hold and extend their gains.

The Dollar slumped down to the 91 handle.

VIX ticked back up a bit.

Let's see how things shake out with the Payrolls report number on Friday.

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.

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