08 May 2020

Stocks and Precious Metals Charts - Risk On


"Therefore, rejoice, you heavens,
and you who dwell in them.
But what sorrows will come to you, the worldly,
for the Devil has come among you in great fury,
because he knows he has but a short time.”

Revelation 12:12


"A good person produces good from the treasury of a good heart,  and an evil person produces evil from the treasury of an evil heart.  Amen I say to you, on the day of judgement you will give an account for every idle word that you have spoken.  By your words you will be either acquitted or condemned.”

Matthew 12:35-37

Stocks were in rally mode today, off of an expected but still shocking Non-Farm Payrolls report.

The only thing that matters is the hot money that in flowing in wide rivers to Wall Street, and those who feed off this dirty and corrupt system.

Silver has benefited from this on its 'industrial side.'  And to a lesser extent as a deeply oversold precious metal.

There will be a stock option expiration next week.   The calendar is included below.

The risks are greatly underestimated in financial instruments, and for the most part completely ignored in those things that are the most important.

Have a pleasant weekend.