26 September 2016

Gold Daily and Silver Weekly Charts - Flight to Safety, Bread and Circuses

It was 'risk off' today, led by jitters about the worsening situation with the global banks, led by Deutsche Bank.

As such, stocks sold off and Treasuries and gold rallied.

Interesting that both gold and the US dollar sold off today as well.

The 'big debate' is tonight.  Ugh.

Have a pleasant evening.