Stocks and Precious Metals Charts – Everybody Knows, but Who Could Have Seen it Coming?

from Jesse’s Café Américain

[…] I just thought these statements were an interesting reminder, and a modern truth to be relearned, bluntly and plainly stated.

Promises and commitments these days are writ on the water of the fine print, and in the laws which the corporations have paid to have written.

Who can say where and when the next Madoff moment will appear.

Gold and silver rallied strongly overnight.

Alas, they were hit in the London and NY trading, finishing slightly lower.

The Dollar drifted sideways, managing to hold a toe over the 91 handle.

Stocks soared today, taking back much of their recent losses, but still falling short of their recent highs.

Who could see it coming?

Risk on.

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