Stocks And Precious Metals Charts - Bubbling Into The New Year - Gold Breaking Out As Stocks Rise To Records

US equity markets pushed higher into the close to new highs, led by a fairly narrow advance of the usual big cap suspects in quiet trading.

Gold has broken out of its downtrend and silver is following suit.

We are in financial asset bubble territory. This one is eventually going to end as badly as 2008 and 2002.

But there is no stopping a group a people determined to become rich quickly, when they are maddened by greed with thoughts of future consequences or collateral damage to others. Even words of caution inflame their sense of entitlement to spoils and towering pride.

And they have plenty of examples to emulate amongst our prominent people and leaders.

Let's see how we go into the New Year.

Have a pleasant evening.

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