The only serious declines this week were in precious metals and gold stocks. The largest gains were once again in Bitcoin, which rose 11.7% to a new all-time high of 32.7 grams, so that 1 BTC can now buy more than one ounce of gold. Gold stocks again fell more than any other asset-class, dropping 5.1% to close at 4.9 grams. The Dow Jones Industrials were headline news again, as the the Dow broke through the 21,000 mark as measured in US Dollars. More on the Dow and Bitcoin stories below.
Things stabilized a bit this week, with mixed results for most asset classes as investors sorted through the debris of the coming political sea-change in the US. The largest swings were in commodities, with silver the week's biggest loser, down 9.3%, and cotton and crude oil the week's biggest winners, up 7.9% and 7.5% respectively.