Stocks And Precious Metals Charts - A Massive Reversal

Today was quite the event, as the cowboys of Wall Street were hurrahing the townsfolk with a celebration of a rip-roaring risk on recovery.

There was a massive reversal of the past few days' trade as bonds were dumped and the punters piled into stocks.

Gold and silver held in exceptionally well.

To say that I am skeptical of this Jobs Report would be an understatement.

To say that the bipolar state of the markets, from extreme highs to lows and back again, does not inspire confidence is a certainty for anyone with a thinking mind.

Trump is engaging in the usual hysterics that pass for negotiation NYC style, threatening to declare a national emergency or shut the government 'for years' if he does not get his way about building a wall that hardly anyone except Rush and Ann think is a good value for the money.

What I would really like to see is this thing settled in binding arbitration, with Pelosi and Schumer meeting with Trump and McConnell in front of Judge Judy, for example.

Have a pleasant weekend.

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