The week starts finding at present both the Bond and Oil below today’s Neutral Zones, whilst above same are the Euro, Swiss Franc and Silver; BEGOS Markets’ volatility is light-to-moderate. The Gold Update focuses on the yellow metal having reached what historically (save for the FinCrisis) by percentage is peak volatility; too, both Gold and Silver remain well-overvalued vis-à-vis their respective Fair Value. Going ’round the horn in real-time for the Market Values of the five primary BEGOS components: we’ve the Bond -3^06 points “low” per its smooth valuation line, the Euro -0.018 points “low”, Gold +365 points “high”, Oil +2.68 points “high”, and the Spoo -170 points “low” even as the “live” P/E of the S&P (futs-adj’d) remains what we deem as dangerously stretched at 45.8x. Three voluminous weeks of Q4 Earnings Season remains, wherein thus far, year-over-year improvement is above average; but again, prices on balance are very strained to the upside (see S&P 500 > Valuations and Rankings). And ’tis a busy week for the Econ Baro: although nothing is due today, the balance of the following four days seeks 16 incoming metrics.