Stocks And Precious Metals Charts - Land Of Illusion
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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.
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