13 September 2024 – 08:16 Central Euro Time

Gold both yesterday and today has recorded its first All-Time Highs since last so doing on 20 August (then 2570), the newest high now 2599. Gold at present is above its Neutral Zone for today, as is the Bond and Swiss Franc; none of the other BEGOS Markets are below same, and volatility is mostly light. By Market Values (in real-time) Gold is +102 points above its smooth valuation line; more of course in tomorrow’s 774th consecutive Saturday edition of The Gold Update. The S&P 500’s four-day rally (which would start toward a fifth day given at present the Spoo’s price vis-à-vis fair value) has pushed the “live” P/E up to a futs-adj’d reading of 41.7x. The Econ Baro concludes its week with September’s UofM Sentiment Survey along with August’s Ex/Im Prices.