November 20, 2020

Gold and silver rebounded today and are up $11.40 and $0.30 respectively, currently trading at $1,872 and $24.34.  Stocks are mixed with the Dow and S&P 500 down somewhat and the Nasdaq slightly positive, trying to eke out a positive session.  For the week, stocks are on pace to close in the red, as positive vaccine data was quickly offset by rising COVID levels and new restrictions across several states to curb the rise.  Yesterday, the US hit a record high of more than 187,000 cases. Heading into the busiest travel week of the year, many worry the already record numbers will surge, leading to significant economic repercussions in the coming weeks.