Gold, Silver Tumble: Is This Green Light For Tech Stocks? Tom Lee Says Metals Drop Is 'Pause That Refreshes' Bull Market - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)

Kevin Warsh‘s nomination as the Fed Chair pick by President Donald Trump has sent precious metals into a tailspin, potentially unlocking a massive wave of liquidity for the equity markets.End Of ‘Vortex’ TradeThe vertical ascent of gold and silver came to a screeching halt on Feb. 2, as the nomination of Warsh as Fed Chair triggered a violent reversal in commodity markets.Tom Lee, Head of Research at Fundstrat, told CNBC that the previous rally was a “juggernaut trade” that had become a “vortex sucking risk ...