Stocks And Precious Metals Charts - Dancing On The Abyss
The gold price manipulation down for this stock market option expiration (think miners' options, etc.) seems to be about over.
Citi coughed up another large tranche of gold contracts on the cheap to the unknown large customer dealing through JPM.
Technically gold is short term oversold. And it went up today, in the face of a much stronger Dollar.
Stocks managed to hold on for yet another up day.
We are building a blow-off top. There is not much doubt in my mind.
Don't get in front of this, however, since as long as the Fed keeps providing hot money the wiseguys will keep dancing.
The text of the Mueller Report was released today to much flapping of gums and gnashing of keys.
Are we not exceptional? Are you not entertained?
Have a blessed holiday.
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None.