Stocks and bonds rose, cryptos declined, and national currencies and commodities were mixed. The largest gains were in gold stocks, up 5.0%, Japanese stocks, up 4.7%, and the S&P 500 and palladium, up 1.4% each. The largest losses were in crude oil, down 9.6%, Bitcoin, down 3.6%, and Ethereum, down 3.4%.

The US Dollar fell 0.9% while the Chinese Yuan gained 0.9%. Short term notes advanced 0.2% and long term bonds rose 1.3%. The Dow Industrials added 0.9%.

The S&P 500 and Dow Jones Industrial Average both closed the week at new all-time highs (when measured in US Dollars), but they are down 69.9% and 74.8% respectively, from their all-time highs when priced in gold.


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National currencies and bonds fell, but all other assets were mixed. The largest gains were in silver, up 7.8%, the CCi30 crypto index, up 4.4%, and Japanese stocks, up 3.2%. The largest losses were in crude oil, down 11.2%, palladium, down 6.7%, and coffee, down 6.2%.

The US Dollar fell 2.2%, outpacing short term notes, down 2.1%, and long term bonds, down 1.7%. Bitcoin gained 0.3%, and Ethereum fell 1.7%. The S&P 500 advanced 0.1% while the Dow Industrials dropped 2.0%.

Looking back at values five years ago, only silver, up 14.1%, is worth more than simply holding gold coins or bars in a safe. Gold stocks deserve an honorable mention, almost breaking even, with a 0.2% loss. Every other asset is down double digits. The worst were the CCi30 crypto index, down 85.7%, palladium, down 80.0%, and Ethereum, down 74.4% (tied for third place with long term treasuries, down 74.0%.)


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Precious metals, gold mining stocks, and Ethereum fell, but all other assets rose. The largest gains were in coffee, up 10.7%, crude oil, up 8.9%, and Japanese stocks, up 5.5%. The largest losses were in palladium, down 4.3%, platinum, down 3.8%, and gold stocks, down 3.1%.

The US Dollar rose 3.4%, outpacing short term notes, up 3.3% and long term bonds, up 2.9%. Bitcoin gained 3.8%, and Ethereum fell 1.1%. The S&P 500 advanced 3.9%.


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National currencies and bonds fell, cryptos and stocks rose, and commodities were mixed. The largest gains were in Ethereum, up 6.2%, Bitcoin, up 5.9%, and Japanese stocks, up 4.3%. The largest losses were in crude oil, down 15.9%, long term treasuries, down 3.2%, and the US Dollar cash and short term treasuries, down 2.8%.

Silver rose 3.4%, and copper gained 2.6%. US stocks were little changed, as the Dow Industrials added 0.1%, and the S&P 500 gained 0.6%.


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National currencies fell while other asset classes were mixed. The largest gains were in gold mining stocks, up 10.5%, crude oil, up 8.7%, and palladium, up 5.1%. The largest losses were in coffee, down 4.9%, the Chinese Yuan, down 4.1%, and the Canadian Dollar, down 3.4%.

The US Dollar fell 2.9%, matching the Euro. Treasuries outperformed USD cash, as short term notes were little changed and long term bonds gained 1.3%.


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National currencies rose, cryptocurrencies declined, and other asset classes were mixed. The largest gains were in gold mining stocks, up 7.1%, the Chinese Yuan, up 5.4%, and cotton, up 4.5%. The largest losses were in Ethereum, down 6.0%, silver, down 5.1%, and Bitcoin, down 4.8%.

The US Dollar rose 1.3%, outpacing the Euro, but trailing the Yuan by a large margin. Treasuries failed to keep up with USD cash, as short term notes gained 0.1% and long term bonds fell 0.2%.


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Currencies, bonds and cryptos rose, while stocks and commodities were mixed. The largest gains were in coffee, up 18.0%, Ethereum, up 13.4%, and cotton, up 13.0%. The largest losses were in gold stocks, down 5.7%, silver, down 4.4%, and palladium, down 2.0%.

The US Dollar rose 10.6%, but was outshone by the Yen and the Euro. Treasuries failed to keep up with USD cash, as short term notes gained 10.2% and long term bonds added 9.7%.


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Currencies and cryptos rose, while other asset classes were mixed. The largest gains were in crude oil, up 10.4%, Ethereum, up 7.4%, and the CCi30 crypto index, up 6.1%. The largest losses were in Japanese stocks, down 2.7%, gold stocks, down 2.3%, and palladium, down 1.2%.

The US Dollar rose 1.6%, while short term treasuries gained 1.4% and long term bonds closed down 0.6%.


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Stocks and bonds rose, cryptos declined, and national currencies and commodities finished mixed. The largest gains were in the Chinese Yuan, up 8.6%, gold stocks, up 3.9%, and the Dow Industrials, up 3.2%. The largest losses were in Ethereum, down 23.2%, silver, down 26.9%, and the CCi30 index, down 17.1%.

The US Dollar rose 0.7%, while short term treasuries gained 0.5% and long term bonds closed up 1.2%. This week, the Dow and the S&P 500 both hit new all-time highs when priced in US Dollars, but are down about 75% from their all-time highs against gold.


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Precious metals and gold stocks rose while all other assets declined. The largest gains were in platinum, up 8.5%, palladium, up 6.6%, and gold stocks, up 2.8%. The largest losses were all in crypto, as Ethereum fell 16.5%, the CCi30 index fell 13.9%, and Bitcoin lost 12.7%. Outside of crypto, the worst performers were cotton, down 8.0%, coffee, down 7.9%, and the Dow Industrials, down 7.3%. Cotton and coffee both closed at new-all-time lows.

Every major national currency dropped to a new all-time low. The Chinese Yuan was the worst currency to be holding, falling 7.2%, while the Euro fell the least, "just" 5.6%. The US Dollar fell 6.8%, while long term bonds fell 6.6%.


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