Stocks And Precious Metals Charts - The Reign Of The Moneyed Interests And Malignant Narcissists
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Stocks continued their downward spiral, following a much weaker-than-expected Non-Farm Payrolls report and a rise in the unemployment rate.
So far this is just a correction. Today the SP 500 tagged the 50% Fibonacci retracement for this current bubble up rally.
Gold and silver held their ground reasonably well.
The Dollar was knocked down 1.23.
VIX rose higher.
Gold and silver seem to be retaining their 'safe harbor' status. Although we must be reminded that in a thankfully rare general liquidation panic everything is sold.
This increasingly reminds me of 1913.
Have a pleasant weekend.
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