Stocks And Precious Metals Charts - Higher Into The Close

By Jesse of Jesse's Cafe Americain

Wednesday, October 1, 2025 5:44 PM EDT

Stocks flopped again on the open, but were steadily driven higher into the close.

VIX did a similar about face, coming in high and going out low.

It's just a working hypothesis as there is only circumstantial proof, but I am playing this with the thought that Donnie has unleashed Bessent and his facilities at the ESF to paint a pretty picture with the markets.

The White House that since the government has been 'shut down' we won't be seeing certain government collected data.

Here is all data being suspended:
- Jobless claims
- Nonfarm payrolls
- Consumer Price Index & Producer Price Index
- Retail sales, factory orders, housing starts, trade data
- Employment Trends Index

We may see quite a bit more of this, and it will work for a while.

But it is not sustainable.

Gold came in hard with a rally to a new high, but was pushed back to unchanged at the close.

Silver is still hanging in there at some impressive highs.

Have a pleasant evening.

(Click on image to enlarge)