Stocks and Precious Metals Charts – Massive Action in Comex Gold Report – Rage From the Trumpy Bunker

from Jesse’s Café Américain

Stocks drifted higher still today, on exceptionally light volume.

They shook off the wave of protests sweeping US cities, as well as Trump’s latest bouts of toothless rage against China and the realities of government.

There was a remarkable amount of activity in the Comex Gold contract for June. I include the clearing report as the first chart below.

Most of the ‘house’ accounts were buyers, with the notable selling exception in Citigroup.

These are momentum markets here, being shoved around by a few players with huge amounts of hot, easy money.

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