Stocks And Precious Metals Charts - Land Of Illusion

Cutout paper illustration representing scheme and Stocks inscription

Image Source: Pexels

It was up and away in the markets today.

Stocks managed to pull together a rally after some initial sputtering.

The big story was the breakouts in gold and silver.

Yes the Dollar fell fifty cents.

But gold and silver took off, rocketing higher as they broke out through resistance, and settled up at the highs in the close.

There will be a precious metals options expiration on the Comex tomorrow.  Let's see if they can pull together one of their usual market gambits.

I watched Biden speak to the UN today.  The best part was knowing that this is probably the last time he will ever do so. It was a very effective recruiting message for the BRICs.

Be mindful of the gathering storms in the Mideast and Eastern Europe.  

Have a pleasant evening.


More By This Author:

The Stock Market Has Stalled As Earnings Estimates Fall
Big Problems May Lie Ahead For The Stock Market
The Overnight Stock Market Futures Party Magically Fizzled Midday

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with