Stocks flopped this morning, as the false premise for the rally yesterday quickly dissipated into the false vapors of a negotiated peace.
Every time this Administration and their enablers open their mouths, lies come out. It is what they do.
Stocks recovered as the day wore on. Never underestimate how the unscrupulous will pervert and twist every aspect of a system to serve their own ends. And they will not hesitate to kill their golden goose.
Gold and silver bolted higher, but gave back a bit into the close. They are rebounding from the selling into the option expiration last week.
VIX of course fell as the mispricing of risk proceeds to their plan.
Bitcoin held up and gained a bit to the top of its intermediate trading range as shown below.
Have a pleasant evening.
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