Stocks And Precious Metals Charts - Stocks Still Heading Downtown

Stocks attempted to rally today, but then dropped with the broader stock index leading the way down. Again.

Thus ends September, with the worst month for stocks since the pandemic began.

Gold and silver were both sharply higher after the most recent slamdown we'll call 'Mini-me'.

The Dollar finished slightly lower but still has a firm grasp on the 94 handle.

I have included the 5 year USD chart so you can see where things stand in the broader context.

And so this is the month-end, we should be looking forward to another Non-Farm Payrolls report.

The scandal of dodgy trading by highly placed Fed officials actively trading in the very financial assets that they were shoving around continues to deepen, despite some largely cosmetic damage control.

What is shocking is not that so many are losing their way, although in some cases it is surprising.   

But what is stunning is that they give themselves away for so little, for something and someone so unworthy.

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 ...

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