21 October 2025 – 08:37 Central Euro Time

None of the BEGOS Markets are presently above today’s Neutral Zones; below same are the Euro and the three elements of the Metals Triumvirate; session volatility is mostly moderate. Gold as a “meme stock” has moved excessively above its key valuation levels: currently 4340, Fair Value is 3873 and BEGOS Market Value is 3765; a reversion to the latter’s mean at this point would be -576 points. Too by Market Values, Oil is currently -6.40 points below its smooth valuation line: currently 57.07, Oil is just above its most volume-dominant supporter of 57.00, with near-by resistance spanning from 57.90 to 58.40. The Gold/Silver ratio in real-time is 86.0x as Silver today (-1.9%) is selling off at a faster pace than is Gold (-0.8%). Nothing is scheduled today nor tomorrow for the Econ Baro; the StateSide Senate voted last evening such that the “shutdown” continues.