--- title: "The Shit To Know Thursdays" url: "https://www.readplaza.com/articles/guhijmUGTyi" type: "article" publisher: "VHLA" published: "2026-08-14T03:42:37+00:00" updated: "2026-09-20T16:48:31.324127+00:00" reading_time_minutes: 2 tags: ["Gold"] --- # The Shit To Know Thursdays _Soft CPI & PPI, S&P 7,800, Gold's Good (Again)_ Indexmaxxers today Alright patriots, one more session before the weekend. So, Japan’s still fucked, $500B in new AI credit facilities is absurd amid project cancellations across North America and Hormuz is a mystery. Outside of that, the week wasn’t half bad. Two inflation prints punk’d us and became fuel for another extension of the bull run, S&P hit a record 7,800 while commodities and tech shot up in tandem. Again, not great but it’s enough to drive a 90% chance of patio beers in my future… here’s why: The Session Market Indices & CommoditiesINDEX / ASSETLASTCHGDAYS&P 500 Record close, topped 7,800 intraday7,798.99+50.40+0.65%Nasdaq26,803.03+215.40+0.81%Dow Jones53,839.99+69.72+0.13%Russell 2000 Record high Thursday3,067RecordBrent Crude$87.07-1.92-2.1%WTI Crude$81.25-1.83-2.2%Gold 4th straight day above $4,400, 10-wk high$4,441+0.3%Sept Hike Odds Down from ~50% pre-CPI<40%FallingMarkets Flesh Wounds Two inflation prints in two days and both came in soft. CPI 0.1% on the month, core at its slowest since 2021. PPI dead flat against a 0.2% forecast. The S&P closed at a record 7,798.99 and punched through 7,800 for the first time ever. BANG What lit the fire? Hike odds falling of. Moved to 40% for September, when it was 50% two days ago. The hawks just lost their whole argument ( according to the mob) in 48 hours. And the kicker: the Treasury paid its highest 30-year yield in 25 years the same afternoon. Market didn't care. Enjoy while it lasts… Commodities Gold’s Grounded Oil sold off on Hormuz talk hopes. Gold didn't give back a dollar. Basically, crude and war premiums are hot and cold with each other, while gold’s holding. Desks took chips off the table without believing the strait gets fixed. Fourth straight day above $4,400, ten-week highs, up almost 10% on the month as China’s accelerating their imports. Rumours are saying it’s to launch an gold backed Renmimbi…or Xi wants to pull a full on Scrooge McDuck… Either way worth keeping on radar. Looking Ahead What to WatchFriday, Aug 14, 8:30 AM ET  July retail sales, the consumer read after two soft inflation prints Friday, Aug 14, 10:00 AM ET  Michigan consumer sentiment, preliminary August Tonight after close  $AMAT fiscal Q3, the chip-equipment verdict on AI capex Aug 26  $NVDA earnings, the main event Sept 15-16  FOMC meeting, hold odds now in the driver's seat Thank You That’s all Folks Just one more fucking day, I can smell it… FOLLOW US