Stocks and Precious Metals Charts - Found Wanting

The Non-Farm Payrolls Report came in hot this morning.

One might have thought that this would put a dent in the market, as the number might encourage the hawks among the Fed governors.

But no, stocks went off on a melt-up rally to new highs.

The market took the numbers as a sign of recovery and was trusting in Chairman Powell's tender dovishness with the money spigot.

In the short term perception and the power of leverage is all that matters, especially in an asset bubble.

And gold and silver were also off on a fairly remarkable rally, as the coiling suppression they have been taking on the chin suddenly broke free.

Let's see if gold can hold a breakout over 1800 which has been so psychologically intimidating.

The Dollar was off a bit but managed to hang on to the 94 handle and then some.

There will come a time when you will realize what truly matters in your life, at least at the very end.

Let's hope that this comes sooner for us all, rather than too late, at a time when we can see past all the distractions and false gods of our own passionate obsessions, and still do something about it.

Can you imagine what the realization that it was all simply true as you were told, but did not listen and just pushed aside with other distractions and things, must be like?

The regret must be stunning, almost unimaginable. All else pales before it.

What a loss to bear.

Have a pleasant weekend.

(Click on image to enlarge)