Stocks and Precious Metals Charts - Markets Wobble in the Wash and Rinse Cycle

Stocks were loopy again today, for whatever reason one may wish or care to assign.

Silver and the Dollar declined a bit in value.

Gold managed to finish essentially unchanged. 

I still think that this is second half positioning (a kinder word for churning) by the well-supplied and under-regulated financial interests that dominate Wall Street.

But let's keep our eyes open for any 'trigger events' even though this is an unlikely time of the year for major trend changes to the downside.

With thunderstorms running in its advance, the storm Elsa is going to be rolling over the NY metro area in the early morning hours tomorrow.

Have a pleasant evening.

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