Stocks And Precious Metals Charts - Bank Of Japan Roils Markets

By Jesse of Jesse's Cafe Americain

Dec 20, 2022 at 6:47 PM EST

Gold and silver rallied sharply. Stocks had a ranging day but managed to hold a little bounce after yesterday's drop.

The Bank of Japan shocked markets with a change in stance on their bond rates, fueling a rally in the Yen.

And that in turn took the DX Dollar Index lower.

Gold and silver rallied sharply.

Stocks had a ranging day but managed to hold a little bounce after yesterday's drop.

Be careful out there and stay warm.

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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