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.
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