Stocks and Precious Metals Charts - Precious Metals Rally

The inflation numbers came in pretty much as forecast this morning, which was a reassurance to the markets it seems.

Stocks managed to rally and were able to hold it into the close.

Gold and silver were impressive today, although only lightly remarked on financial television.

They managed to stage a breakout and hold it into the close.

Let's see if they can add to those gains.

The Dollar took a dive today but managed to hang on to the 94 handle.

There will be a stock market option expiration tomorrow.

The lack of follow-up and attention an almost unprecedented insider trading scandal of Fed governors engaging in brazen insider trading is surprising.

Maybe not so surprising in the corporate media perhaps, but even the bloggers, with a few notable exceptions, are remarkably quiet about this stunning revelation of corruption at the highest levels in our Federal Reserve System, a powerful regulator and largely self-regulating of itself and its clients.

The financial establishment is no benign, objective force for good in the economy. They are powerful, self-promoting, and petty in terms of rewards, accolades, and that most golden of oligarchical treasures access to power.

Have a pleasant evening.

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