The Bureau of Labor Statistics delivered a blowout jobs report on Friday. Headline chasing algorithms and investors responded by snapping up stocks. They also sold some gold and silver futures, driving prices lower on the day.

To Wall Street cheerleaders, it looked like the stock market correction might be over and precious metals would be headed out of fashion, once again.

It looked like something else to anyone who read past the headlines. What a Potemkin Village the markets have become!

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