02 December 2020

Stocks and Precious Metals Charts - Wonderland - Non-Farm Payrolls Report on Friday


“The point of modern propaganda isn't only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.” 

Garry Kasparov 


“While the Senate goes on break during a deadly pandemic, they're telling us peasants to go back to work, because the billionaires need more billions.   

Some of you will die, but that's a sacrifice I'm willing to make.” 

Oliver Markus Malloy 


"There have been as many plagues as wars in history; yet always plagues and wars take people equally by surprise.   Stupidity has a knack of getting its way; as we should see if we were not always so much wrapped up in ourselves.   In this respect our townsfolk were like everybody else, wrapped up in themselves; in other words they were human: they did not believe in plagues."

Albert Camus, The Plague


"Better to reign in Hell, than serve in Heaven." 

John Milton, Paradise Lost


Stocks were slumping today, in part because of weak ADP jobs number and the record resurgence in Covid cases and hospitalizations in the US.

But in the quiet of the afternoon, they managed to rally themselves, drifting higher to close in the green.

Gold and silver managed to hold and extend their gains.

The Dollar slumped down to the 91 handle.

VIX ticked back up a bit.

Let's see how things shake out with the Payrolls report numbr on Friday.

Have a pleasant evening.