The Swiss Franc is at present above its Neutral Zone for today, whilst below same are both Gold and Silver; and volatility is mostly light. The Gold Update acknowledges that although Gold is a bit stretched to the upside via our Market Values page, that nonetheless the near-to-medium term remains firmly bullish, and moreover that Silver has been catching up to Gold (the G/S ratio in decline, albeit still historically high). At Market Trends, the only two BEGOS Markets in negative linear regression are Oil and Copper. The “live” P/E of the S&P (futs-adj’d) is 46.5x. By Market Rhythms, our most consistent study on a 10-swing test basis is Gold’s 1hr. Price Oscillator; on a 24-swing test basis ’tis the Bond’s 30mn. Parabolics. The Econ Baro today is quiet ahead of a moderate week of incoming metrics.