03 May 2021

Stocks and Precious Metals Charts - Hi Yo Silver, Away!

 

"If you pray and love, that is where happiness lies." 

John Vianney 

 

Gold and silver rebounded sharply higher from the end of month boogie woogie of last week. 

Stocks were mixed with the SP 500 higher and the big cap tech NDX lower. 

The Dollar declined giving up the 91 handle. 

Chairman Powell threw a damper on the speculation about higher interest rates that the trading desks were pushing (for their own purposes) last week. 

There will be a Non-Farm Payrolls report on Friday. 

It was a bit cooler today, so I spent a good part of the afternoon hanging out with Pete Moss and friends in the garden.

Have a pleasant evening.