Continuing the pattern of the last two weeks, national currencies and bonds moved lower and cryptos rose, while stocks and commodities were mixed. The broad CCi30 crypto index and coffee had the largest gains, rising 6.0% and 5.1% respectively, followed by the Nikkei 225 index, up 4.3%, and copper, up 3.8%. The largest losses were in crude oil, down 6.0%, and palladium, down 5.4%, followed by gold stocks, down 2.8%, and long dated treasury bonds, down 2.4%.

Many national currencies made new all-time lows this week, including the US and Canadian Dollars, the Euro, the Pound, the Swiss Franc, and the Chinese Renminbi. The only major exception was the Japanese Yen; the Yen hit bottom earlier this year, and currently sits 2.2% above its all-time low.

The Dow Jones Industrial Average and the S&P 500 fell 1.5% each. This in contrast to their US Dollar prices reaching new all-time highs; both are more than 60% below their all-time highs when measured in gold.

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.