Stocks And Precious Metals Charts - Ghosts Of Bubbles Past - Yulletide Wash And Rinse

Dec 20, 2023 at 6:43 PM EST

Gold and silver sold, while the Dollar rose. VIX rebounded strongly from its recent supine levels.

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After reaching new highs and the pinnacle of another vaporous overbought risk bubble, stocks sold off hard this afternoon.

Wash and rinse complete.

Ho, ho, ho.

Gold and silver sold, while the Dollar rose.

VIX rebounded strongly from its recent supine levels.

It never ends.

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 learning by my mistakes, which are many. As a standing policy, I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for the purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflections on general macro financial and economic events and trends.