Gold was powering higher overnight, and as the market closed for the day was around 3986, within striking distance of $4000.

Silver also moved higher, grabbing the $48 handle.

Bitcoin is hitting new highs.  

Stocks were meandering around until the last hours of the day when to rallied closing higher.

This is a bubble. It is badly mispricing risk and is overvalued. It may get even more overvalued.

When the bust comes it may turn into a liquidation event, and most everything will be sold.

But until then, we will party on, and certain ruling elites will claim validation for their actions in the risk markets.  

Have a pleasant evening. 

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