In the coming weeks we should see the broad stock market top out, and gold miners -- along with precious metals -- bottom.
Global markets drop as the yen carry trade collapses and ends the cheap-money dream.
A reversal of the carry trade buoys precious metals for the first time since last summer.
Stocks ended May with gains, but rising interest rates and worries about Japan and the economy may make the month ahead a lot more volatile.
Bargain hunting gives silver a boost after a nasty dive in overnight markets. But worries about rising interest rates and a possible U.S. debt downgrade gives the metal a boost.
All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
A bad day for stocks becomes much worse after blasts kill at least 3, injure many more along the Marathon course. Gold suffers its worst 2-day loss since 1980.
Gold has fallen more than 20% since the summer of 2011, as worries about domestic economic problems ease and fears of a government default dissipate.
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