Weekly Wrap - 20th Dec - Down, down and down some more.....before a little bounce

Some lipstick was put on the pig on Friday

Thank you to all new founding subscribers, paid subcribers, free subscribers and followers. Over 900 subscribers now and it really is a blessing to see the channel grow! Thank you!

I am just in the process of of finishing off some full time contracts so will continue to do my best to provide as much valuable and insightful content as possible until I fly to Mexico on Monday 13th January 2025.

After that date then Contrarian Capitalist will have more of my time!

More of my time = more content + more emphasis on building a community and adding even more value!! Thank you for your patience and understanding.

---

---

This week has seen the posts on CC look at previous content on the channel. This ranged from the most popular and informative interviews and all things bullion.

Summary

In general, a decent sell off across the board this week. There was a bit of a small ‘bounce’ today but the theme for the week seems to be general negative sentiment and also Jerome Powell supposed hawkishness after the Fed rate decision on Wednesday 18th December.

• The Fed cut rates by 0.25%

• The Bank of England did NOT cut rates so rates remain at 4.75%

• Markets had a general down trend for the week (bar a slight uptick today)

• Gold and Silver down (but don’t throw the baby out with the bath water)

Lets have a good look at the charts and some extra analysis.