Stocks and Precious Metals Charts – The Management of Savagery – Stock Option Expiration on Thursday

from Jesse’s Café Américain

Gold, and to some extent silver, were hit today in a fairly obvious and expected bear raid.

Silver managed to hold its positive close and gold recovered most of the day’s decline.

The US Dollar did not cooperate and was lower, so making the price declines stick were a bit difficult.

Stocks were down sharply during the day, but managed to take back most of their losses into the close.

There will be a stock option expiration on Friday.

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