11 July 2018

Stocks and Precious Metals Charts - Nail-Biting Overtime Match Between England and Croatia - Croatia Wins

The US Dollar was stronger today, and therefore the usual currency crosstrade hit was put on the precious metals, which finished lower.

Gold went out on the low for the day, down 1% and silver off 1.5%.   Silver gave up the 16 handle, and gold hung on to support below at 1240.

Stocks also had a ranging day, going down sharply on the initial news that the US was intending to increase the amounts of goods under tariff from China to $200 billion.

However, the wiseguys were able to shake off any concerns, and were able to take stocks back up to nearly unchanged, while the rest of the world was watching a very exciting match between England and Croatia.

I know that I was watching. The markets are getting boring when one is watching algos endlessly battle with a few straggling tourists and die hard punters, trying every scheme in the book to skin each other out of a few cents per share.

So far the football match is still on, and I think I will just let this posting go and watch it in overtime.

Need little, want less, and love more. For those who abide in love abide in God, and God in them.

Have a pleasant evening.

Postscript: The 'Little Davids' of Croatia have won in overtime.