Stocks And Precious Metals Charts - Markets Balance Risk Against Equities Momentum

The S&P 500 rallied to another record high while gold, silver, and oil prices retreated significantly.

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Stocks rallied with the SP 500 to another all-time high.  

A proper tower of Babel it is.

Gold and silver and oil were smacked lower, oil ridiculously so.

I kept looking to see if something happened or was rumored to be happening.

VIX is not at a low for the year.

I don't think Donny is going to pull the trigger on another attack on Iran.  It would be nuts and pointless, even if Bibi and the Washington war hawks are squawking for it.

But, you never know what frame of mind he'll be on when someone floats the idea.

Have a pleasant evening. 


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