Stocks And Precious Metals Charts - VIX Shot Higher

By Jesse of Jesse's Cafe Americain

Thursday, September 21, 2023 5:50 PM EDT

The stock panic of the mavens of Wall Street continued today, as their startled reaction to the nothing new from Jay Powell and the Fed on Wednesday continues.

Shameless fakes and dissemblers. They set up strawmen and then knocked them down.

The gap in the SP 500 is still open and just below today's close, which went out at the lows.

Gold and silver took a hit but managed to recover a bit. Silver showed some strength, especially given the sharp selloff in stocks.

I think the wise guys are looking to mine some of the physical gold out of the ETFs, so we *might* see the price a little lower, ahead of the Comex metals option expiration of next Tuesday the 26th. Silver is not involved in the expiration.

VIX shot higher.

Wash-rinse-repeat.

The Dollar chopped sideways and finished higher.

Have a pleasant evening.

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