Stocks And Precious Metals Charts - The Crazy Train Has Left The Station

Stocks were on a tear higher today after the 'better than expected' US Non-Farm Payrolls report.

Gold and silver withstood the early gut check on the longs, and turned around and headed higher.

I think time is going to tell an interesting story about the quality of the economic data coming from this Administration.

And so the fabulous tech giants reached a new all-time high, before retreating a bit into the close.

The broader market continue to show a striking lack of confirmation.

The SP 500 once again closed below the 'failed rally' resistance level on the futures at 3130.

US Markets will be closed tomorrow in observance of the 4th of July.

The rest of the world will have to carry on without them. Might I suggest buying physical gold and silver, in advance of the financial asset carnage that is almost certainly baked into the economic cake?

We are into the peak of the hysteria which we have been describing. The next few months ought to be quite interesting.

Have a pleasant weekend.

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

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.