It was 'risk on' today as bully cast aside his fears and engaged the wash cycle in the markets.

Stocks finished decidedly higher.

VIX dropped sharply back to recent lows.

The Dollar edged higher.

Gold and silver were pressed lower again.

Pretty much the kind of pre-option expiration action we have come to expect.

Have you noticed how economic and financial sanctions and restrictions have become a major component of American policy responses with the Fed and the Banks as key components in controlling markets and impacting trade?

Have a pleasant evening.

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