Commodities were mixed, while currencies, bonds and major stock indexes were higher this week. The biggest gains were in Bitcoin, which rose a whopping 18.1% to close at 38.3 grams. European stocks also soared, rising 8.2% in anticipation of a Macron victory in the French elections this weekend. The Euro was also the strongest government-issued currency, gaining 4.0%. Crude oil was down 3.4%, the largest drop for any asset class.
Currencies and commodities were mixed, while bonds and major stock indexes were slightly higher this week. The largest drop was in crude oil, which fell 6.5%. The biggest gains were in Bitcoin, which rose 6.4%. Gold stocks were down 3.3% after being up 3.0% in the prior week.
Most asset classes continued to fall this week, but each group had a bright spot – and the brightest of all was palladium, which gained 3.4%. Bitcoin continued its tumble, falling another 13.8% to close at 23.3 grams on concerns over a possible split into two currencies, Bitcoin Classic and Bitcoin Unlimited. The next largest drop was in coffee, which fell 4.5%.
Filed under Bitcoin, Bonds, Coffee, Commodities, Dow Jones Industrials, Platinum, S&P 500, Silver, Stocks, US Dollar by 
Government-issued currencies and bonds were all lower this week, but stocks and commodities were mixed. The largest gains were in Bitcoin, which rose 4.9%, more than making up for the prior week's losses. Cotton fell more than any other asset-class, giving up 4.2%.
Filed under Bitcoin, Bonds, Coffee, Commodities, Cotton, Dow Jones Industrials, S&P 500, Silver, Stocks, US Dollar by
Currencies were all lower this week, but bonds, stocks, and commodities were mixed. Copper was the best performing asset, rising 4.7%. The largest losses were in Bitcoin, which fell 3.5%, giving back almost half of the prior week's gains.
This week saw government-issued currencies, bonds, and major stock indexes all lower. Commodities were mixed, with precious metals higher, while food and energy were lower. The week's biggest winner was once again Bitcoin, which gained 8.1%. Gold stocks also rose, with the HUI gaining 2.0%. The largest losses were in coffee and copper, down 6.4% and 5.0% respectively.
Click through for more details and additional commentary on Bitcoin and its relationship to gold.
This week saw a trend reversal, with almost every asset class rising in value; the lone exception was palladium, which fell 3.9%. The week's biggest winner was once again Bitcoin, which gained 4.4%. Copper and coffee were also strong, rising 3.8% each.
Filed under Bitcoin, Bonds, Coffee, Commodities, Dow Jones Industrials, Platinum, S&P 500, Silver, Stocks, US Dollar by
The last two weeks have seen a steady downtrend in government-issued currencies, bonds, and major stock indexes, along with violent swings in Bitcoin and mixed gains and losses in commodities. This week's biggest winner was Bitcoin, which gained 7.0%, mostly offsetting the prior week's 8.9% drop. Coffee was also strong, rising 1.7% on top of the prior week's 3.2% gain. The week's largest losses were in copper, which gave up 3.2% against the prior week's 4.3% gain.
Filed under Bitcoin, Bonds, Coffee, Commodities, Dow Jones Industrials, Platinum, S&P 500, Silver, Stocks, US Dollar by
The week before Christmas was quiet for stocks, bonds, and most currencies, with few assets outside the commodities changing more than 1%. Bitcoin outpaced all other assets, gaining a whopping 17.5% for the week and closing at 25.2 grams. Palladium doubled down on the prior week's drop, losing another 4.9%, clinching the "weakest asset class" title. Gold stocks performed better than any of the major stock indexes, gaining 2.3%, still a distant second place behind Bitcoin.
This was a good week for stocks, bonds and currencies, but mixed for commodities. The big winner was crude oil, which gained 13.6% this week on news that OPEC is planning production cuts (it remains to be seen how that will work out for them!) While crude oil was flying, coffee has been falling, down another 5.0% this week. Copper was also down slightly, off 0.8% after the prior week's monster 10.4% rise.
