Another Everything Rally

 5/6/2026

On April 8 trump went on Maria Bartiromo's morning Fox Business show and claimed the Iran war was all but over. The DOW rallied 1,000 points and oil drolpped $10 which is what he wanted.

Today he did the same thing and oil dropped $10 at first and the market DOW and everything else rallied, not quite as much as April 8.

 This  195 minute chart on RSI and PMO suggests yes the DOW can rally more, yes above the all time high at  50,512. . In that case the market high is not in and I have no idea where it will be. 

 So what can I suggest, glad you asked, silver

Sprott Silver Trust, this trust literally owns silver bullion not silver miners

 PSLV is trading at a h-5.28% disc ount to the Net Asset Value

PSLV liquidated is worth $24.91 for where silver is trading. But the trust is trading at $23.59. So PSLV is trading at a discount to the price of silver, never mind those guys on TV selling at jacked up prices who would never buy it back from you, this is the real deal 

PHYS Gold Trust trading at  -2.59%

CEF trading at  -4.56%

Well PHYS is the best deal at the largest discount to NAV and the lowest price, I will be buying tomorrow on the gap up today.  

Bond yields are rising world wide. US debt is more more than annual GDP, headlines say not to worry.

 Ken Griffith who bought the most expensive real estate in NYC, ever, was stunned Mayor Mandami will tax him on it, well duh Ken, next time you get out your real estate check book call me first. 

Ken did make the point that in A CNBC interview,  1950 Detroit was a thriving city,  no longer, GM et al would not re engineer its cars, the Japanese took 30% of the car market in ten years, and Detroit went downt the tubes with DEM mayors. It could happen in NYC. ICE Exchange is alreacy out pacing the NYSE.

I sent two pages via UPS from SA to Ohio today,  It cost $16 and would not arrive until Monday, this is the real cost of $100 oil and it has not filtered thru the economy yet.