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As a reminder the December stock market option expiration is tomorrow.

Gold managed to hold its ground today as the Dollar drifted a little higher, taking on the 108 handle.

Silver, not so much. It tends to slump with the equity risk markets.

Stocks tried to bounce after the big slide yesterday, but alas, as the day wore on they gave it all back and finished once more in the red.

Speaking of dreams and delusions, Bitcoin has given up the 100k handle and finished quite a bit lower again today.

One of the more satisfying short positions for all its contrariness. And it did pair nicely with a NDX short. But in delusional markets awash with lawlessness one does not tarry long on the bearish side unless it's the big one Elizabeth. Probably too soon, but we remain alert to the possibilities.

The markets are sliding into the end of the year which is a tough time to trade given the amount of portfolio jockeying and thin trading volumes that invite the goon squads to throw their weight around.

Do not be deceived, for God is not mocked. What men sow, so shall they reap. 

We rationalize and delude ourselves. We choose what to believe, and the facts be damned. Not because we don't know better, but because we have become proud, and forgotten who we are, and think that we can, without consequences.

Have a pleasant evening. 

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