Stocks and Precious Metals Charts – Risk On, Kind Of

from Jesse’s Café Américain

Socrates would have made a good critic of the theories of modern currency.

It was a risk on day in the markets, although one might not expect it given the general results in the major US Stock indices.

The Dow Industrials cracked through the 27,000 barrier quite handily. The SP 500 closed a fraction below 3,000, the Nasdaq was off a bit, and the broader market as measured by the Russell 2000 declined.

There appeared to be some distinction between appearance and reality.

All in all, a fairly typical day in 21st century America.

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