Stocks rallied today on the usual statement from the White House that Iran and the US et al. are on the imminent verge of a peace deal.
That sentiment faded as the day wore on.
Note: Late in the day Iran flat out denies that there are any ongoing moves towards a peace deal.
Another Monday morning market-pumping smoke screen that sidetracked the selling on Friday from the Gaslighting Gang.
Mission accomplished - for now.
Gold and silver fluctuated.
The Dollar went many places but ended up where it left off on Friday.
VIX fell.
Bitcoin managed to bounce off its recent low and come back to challenge prior support which had failed.
The next steps will be important.
Risk is greatly undervalued, almost to a shocking level of willing misinterpretation.
This is the hallmark of autocratic regimes that are failing.
Things have the potential to become exponentially worse, and quickly.
Have a pleasant evening.
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