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Bigworld, Yes, a rough week for both

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gfp927z   Friday, 06/18/21 04:35:28 PM
Re: bigworld post# 19434
Post # of 19856 
Bigworld, Yes, a rough week for both gold/silver and stocks. They seem to move together since when stocks take a dive, the US dollar usually surges, and then gold goes opposite the dollar. Fwiw I picked up a little SLV yesterday, but will see what happens next week. The markets extending their loses going into the close of trading today, which suggests more downside on Monday.

Another thing to worry about is the global spread of the Delta/India variant, which is reportedly up to 40-80% more infectious (see next article). Just curious if you are seeing it yet in the Austin area? Apparently it's been seen in a majority of US states, but so far only 3000 cases reported in the US.

Something else to wonder about is that big 'Cyber Polygon' exercise coming up July 9. Not likely there will be a simultaneous real event, but you never know. The last time that group had an event (Event 201 on Oct 18, 2019) it coincided with the simultaneous appearance of Covid, and with the big athletic event in Wuhan (Military World Games, Oct 18-27). A lot of coincidences.

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