Stocks And Precious Metals Charts - Yammering Madness In The Garden Of Beasts
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As we toddle on towards mo' better wars and another financial crisis, stocks once again managed to rally near to all-time highs.
The Dollar rallied on the euro's weakness. And its weak because the European nations are obligingly self-destructing, trying to please their true masters.
Gold and silver were sold.
VIX has now declined enough that I think it is flashing a strongly cautionary signal.
The timing is questionable because it's hard to tell what event will trigger the actual slide.
But the threshold for a slide keeps getting lower and lower.
Powell will be speaking on Wednesday. Most likely he won't say much, but there is always that chance.
Non-farm payrolls and the reading of the tea leaves up to that will likely be market-moving.
Remember to care for your soul, because that is what this is all about.
Have a pleasant evening.
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