Stocks were slumping hard, again, and managed to finish in the green, again.
I haven't checked yet for the rumor of today. Trump probably said something on his failing social media platform or in some public news event.
Ok, I looked it up and it was a story from Axios about progress being made in the US-Iran 'peace talks'.
Earlier today one of the independent commentators I follow for conflict analysis, Patricia Marins,said on X:
"Everything indicates that Barak Ravid is the journalist chosen by the U.S. government to release information designed to contain or temporarily mislead the markets for only a few business days, fully aligned with the White House’s messaging. That’s why we will avoid citing Axios publications until the end of the war."
This is the famous 'fog of war'. So we must be 'as cautious as snakes, but as gentle as doves.' It's not always easy to do. Today ChatGPT told me a whopper about a quote I was tracking down. I spend a lot of time trying to authenticate them, because the internet is a breeding ground for false attributions and fake histories.
The Dollar fell a bit, and gold and silver managed to rally back.
Even poor old Bitcoin came off its lows.
Let's see what happens tonight.
Have a pleasant evening.
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