The Dollar slumped hard, as the markets celebrate, perhaps prematurely, the end of the Fed's fight against inflation.

Stocks went on a tear higher.  

What do you think happens when they get most of the short hedges unwound?

Yeah, buddy.

Silver continues to rocket off its recent option expiration lows.

They were carrying the silver shorts out of the pits today on stretchers.

Gold moved slightly higher.

Wash, rinse, repeat.

The St. Louis Fed's Jim Bullard is resigning as of August 14th and will be heading the business school at Purdue. Jim was the longest-serving Fed President and a rare instance of clarity amongst a disgraced profession.

Have a pleasant evening.

(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)

(Click on image to enlarge)

More By This Author:

Stocks And Precious Metals Charts - Hi Yo Silver
Stocks And Precious Metals Charts - Consumer Inflation Data Tomorrow
Stocks And Precious Metals Charts - Shockingly Low NFP