Stocks And Precious Metals Charts - Uber IPO Prices At Bottom Of Range

Stocks were reeling a bit today, with fresh concerns about trade relations between China and the US.

Negotiations are expected to begin again about now, and continue into the evening.

Supposedly the US will decide after midnight whether to increase tariffs on China goods or not.

Brinksmanship most likely, but let's see what happens.

The 10 Year Treasury auction yesterday was rather ugly, and the Dollar continued to dip lower.

Gold is still being held in check, purportedly by a Bank that finds itself holding a largish short which they still hope to cash in.

And stocks are being saved in the US trade every afternoon by the underwriters and assorted wiseguys who would like to get the Uber IPO out the door tomorrow.

Let's see what happens tomorrow with trade and the UBER IPO.

I hear bells faintly ringing, maybe after a last big push higher with a trade deal, or some other flight of fancy. Or not. Things are very risky.

From our oasis to yours, have a pleasant evening.

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