U.S. equities staged a 180° turn around in trading today. All three major indices sustained major drawdowns yesterday, with the NASDAQ composite moving into corrective territory.

Considering today’s extremely strong U.S. dollar, coupled with a major decline in U.S. equities, the fact that both gold and silver are trading higher on the day is extremely impressive.

According to Wikipedia, “Labor Day is a federal holiday in the United States celebrated on the first Monday in September to honor and recognize the American labor movement and the works and contributions of laborers to the development and achievements of th