November 24, 2021

Gold and silver are both up slightly today, still hovering near 3-week lows after falling over 3% & 4% respectively on Monday and Tuesday. Equities recovered some of this week’s losses as tech stocks rebounded to lead the Nasdaq to a 0.44% gain Wednesday. The S&P finished up 0.23% and the Dow closed nearly flat, down 9 points. FOMC minutes released today for their November meeting showed growing concern about inflation and a willingness from the Fed to speed up the current tapering timeline including raising rates if prices continue to rise at their current pace.