Once again, national currencies and bonds moved lower and cryptos rose, while stocks and commodities were mixed. Ethereum and silver had the largest gains, rising 3.4% and 3.3% respectively, followed by Bitcoin, up 2.9%, and cotton, up 2.7%. The largest losses were in coffee, down 5.4%, the Japanese Yen, down 3.2%, and the long dated treasury bonds, down 2.7%.

Many national currencies made new all-time lows this week, including the US and Canadian Dollars, the Euro, the Swiss Franc, and the Chinese Renminbi. Exceptions were the Japanese Yen and the Pound Sterling; the Yen hit bottom earlier this year, and the Pound (not in chart) bucked the trend, rising 0.23% after making a new all-time low last week.

The Dow Jones Industrial Average and the S&P 500 rose slightly, but despite reaching new all-time highs when measured in US Dollars, they are more than 60% below their all-time highs when measured in gold. Gold mining stocks were the week's worst performing equities, with the HUI falling 1.1%.

National currencies and bonds moved lower and cryptos rose, while stocks and commodities were mixed. Bitcoin and the 30 crypto index had the largest gains, rising 9.4% and 9.1% respectively. Outside of crypto, gold stocks rose 9.0% and palladium advanced 8.1%. The largest losses were in national currencies, with the Canadian Dollar down 2.8%, The US Dollar down 2.7%, and the Euro down 2.6%. Bonds were also down; short term treasuries fell 2.5% and long term treasuries were off 1.8%.

Many national currencies closed at new all-time lows, including the US, Canadian, and Australian Dollars, the Euro, the Pound Sterling, and the Chinese Renminbi. Exceptions were the Japanese Yen and the Swiss Franc; they hit bottom earlier this year, but still sit close to their all-time lows.

National currencies, cryptos, and bonds all moved lower this week, while stocks and commodities were mixed, but mostly lower. Palladium had the largest gains, rising 3.9%. The only other assets in the green were the Dow Jones Industrials, up 0.9%, the S&P 500, up 0.2%, and silver, which closed unchanged. The largest losses were in cryptos, with the broad CCi30 index down 9.1%, and Ethereum down 8.6%. Outside of crypto, the worst losses were in cotton, off 2.2%, and long term treasuries and gold stocks, off 2.0% each.

Other notable losses were in crude oil, down 1.8%, and the Euro, down 1.2%. The USD finished 0.1% lower. The best performing national currency was the Canadian Dollar, which was little changed.

Stocks moved higher; national currencies, bonds, and cryptos declined, and commodities were mixed. The best performers were gold stocks, up 6.1%, and Japanese stocks, up 5.1%. The largest declines were in Bitcoin, down 5.6%, and the CCi30 crypto index, down 5.2%. Cotton and the Japanese Yen were tied for third place, down 3.3% apiece. The US Dollar fell 2.4% to a new all-time low of 12.5 mg.

National currencies rallied, but other asset classes were mixed. The best performers were all commodities: crude oil, up 6.3%, palladium, up 3.8%, and coffee, up 3.3%. The largest declines were in Ethereum, down 11.2%, platinum, down 3.2%, and silver, down 3.1%.

The US Dollar rose 1.8%, and the S&P 500 gained 1.7%. Long term treasuries fell 0.3%.

This was a generally down week, with all cryptos and stocks moving lower, and most national currencies and commodities falling. The best performer was long term treasuries, up 2.1%, followed by the Japanese Yen (the only rising currency), up 1.2%. There were two advancing commodities, silver, up 0.8%, and platinum, up 0.3%. The largest declines were in cryptos, especially the broad CCi30 index, down 13.4%, and Bitcoin, down 12.7%. Outside of crypto, the largest losses were in the Crude Oil, down 7.9%, and the Euro STOXX, down 7.2%.

The US Dollar fell 3.4%, and the Dow Industrials and S&P 500 each dropped 5.4%.

National currencies and bonds closed higher, commodities moved lower, and stocks and cryptos were mixed. The brightest spots were the CCi30 crypto index, up 3.3%, the Japanese Yen, up 3.1%, and Bitcoin up 2.6%. The Russian Ruble, not in chart, rose 3.0%. The week's biggest losses were in Ethereum, down 5.8%, cotton, down 4.9%, and silver, down 3.9%. The US Dollar rose 0.7%, and the Chinese Renminbi rose 1.9%.

Over the last two weeks, US stocks have hit a series of new all-time highs in dollar terms. However the USD itself has depreciated so much that the Dow Jones Industrial Average, measured in gold, at 529.1 grams, is 62% below its August 1999 all-time high of 1,393.2 grams. Similarly, the S&P 500 is 59% below its all-time high.

Cryptocurrencies advanced while other asset classes were mixed, stocks mostly higher, and currencies and commodities mostly lower. The brightest spots were coffee, up 7.5%, gold stocks, up 4.7%, and the CCi30 crypto index, up 4.1%. The week's biggest losses were in palladium, down 6.8%, and platinum, down 4.2%. The US Dollar fell 1.2%, and the Japanese Yen rose 0.7%.

This week, it was the Dow Jones Industrial Average that hit a new all-time high of $40,000.90 depreciating US dollars, but measured in gold, at 516.9 grams, it now sits 63% below its August 1999 all-time high of 1,393.2 grams.

Stocks and commodities were mixed, but other asset classes closed lower. The brightest spots were copper, up 4.0%, gold stocks, up 3.9%, and palladium, up 3.4%. The week's biggest losses were in Ethereum, down 13.4%, and the CCi30 crypto index, down 11.1%. The US Dollar fell 2.0%, while silver rose 2.0%.

Although the S&P 500 closed at a new all-time high in US dollar terms, it finished the week down 0.1%, and at 72.8 grams, now sits 58% below its 1999 all-time high of 173.1 grams. Also of note, the Japanese Yen closed at a new all-time low this week.

Cryptocurrencies fell, and other asset classes were mixed but mostly lower. The brightest spots were crude oil, up 3.0%, the Chinese Yuan, up 2.7%, and long term treasuries, up 2.6%. The week's biggest losses were in the CCi30 crypto index, down 8.0%, Ethereum, down 6.2%, and the Euro STOXX, down 5.7%. The US Dollar fell 0.8%, and silver declined 4.3%.

Although most cryptos saw losses, the privacy coin Monero (XMR, not in table) was one of the week's outstanding performers, rising 9.8%. This is the latest in an 8 week string of gains that has boosted XMR 44.2% over the last two months.