National currencies and bonds fell, cryptocurrencies advanced, and equities and commodities were mixed. The week's best performers were the CCi30 crypto index, up 7.7%, Ethereum, up 7.6%, and palladium, up 6.1%. The largest losses were in crude oil, down 2.8%, the Chinese Yuan, down 2.2%, and the Euro, down 1.8%. The US Dollar fell 1.5% to a new all-time low, while Bitcoin gained 3.3%.
For the second week in a row, every major national currency hit new all-time lows, while the S&P 500 and the Dow Jones Industrials both hit all-time highs when priced in depreciating dollars, but continued falling to levels far below their all-time highs when priced in gold, now down 68% for the SPX and down 72% for the Dow.
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