Stocks And Precious Metals Charts - A Sign For A Faithless Generation

Hotter-than-expected PPI data fueled inflation fears, causing stocks to stumble while gold and silver rallied. Silver shows strong momentum toward triple digits as Bitcoin continues to trade within a range-bound channel.

The PPI came in this morning on the higher side of inflationary. 

Stocks flopped into the weekend, although there were some half-hearted attempts to support them.

The Dollar chopped around as usual and ended largely unchanged. 

Gold and silver rallied sharply, going out on their highs.

Silver is on its way to triple digits.  

Bitcoin continues to wobble within a relatively tight trading range.  

Playing that range has been a modest but steady source of income for my trading account.  

And the wiseguys are playing it as well, and this is probably the reason for it.

People are losing their moral compass, mesmerized by a torrent of lies and distractions.

Have a pleasant weekend.  

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