Thinks have calmed down a bit in the volatility department. Finally. The Swiss Watch Index shows a current USD price of 53.96. Quite a drop. It’s not the USD improving though. It’s the SFR declining, as Swiss government financial officials announced they would do several weeks ago. At that time, some people speculated that the Switzerland was too small to have an effect on the currencies of the Big Boys – the Euro and the USD. Ha, ha, ha.
Meanwhile, gold closed at about $1640, while silver was at $31. They pulled back, then stabilized again. Petroleum is about $83/bbl.
And now, what we’ve all been waiting for — the Model Portfolio Index. Note that it beat the DJIA again… in a bad way. *sigh*