13 October 2025 – 08:31 Central Euro Time

Gold has tapped yet another All-Time High this morning at 4097; The Gold Update cites price as continuing to look good going forward, but that more immediately ’tis extremely high above its smooth valuation line (in real-time now +391 points “high”; see Market Values); Silver has not followed with an all-time high thus far today. Too, the missive supports a firm case for a significant correction in the S&P 500, which in six hours on Friday gave back a full month’s worth of gains; however, the Spoo is very strong this morning such that the S&P (at this moment) would open +81 points higher (+1.2%), fears over the “Trump n’ China” tariffs concern be somewhat allayed. Presently, all three elements of the Metal Triumvirate are above today’s Neutral Zones, as too are Oil and the Spoo; below same are the Bond and Swiss Franc, and volatility for the BEGOS Markets is moderate-to-robust. Nothing is due until Wednesday for the Econ Baro, which to date in October is missing 11 of the 16 metrics thus far due as the StateSide “shutdown” continues. Q3 earnings Season picks up its pace this week, notably with financial entities reporting.