October 07, 2020

Yesterday, gold and silver declined sharply with equities after President Trump unexpectedly announced he was tabling new stimulus aid until after the election.  President Trump later reversed course, calling on new stimulus checks, increased unemployment benefits and airline aid,  specifically causing stocks to soar back to previous levels in the aftermarket. Stocks continued to climb Wednesday, and the Dow is poised to close about 550 points in the green while the S&P 500 and Nasdaq are both up about 1.8%.  Gold and silver rebounded some,  but still remain well under their Monday levels of $1,900 and $24 respectively.