Joy is not a goal or a destination. Joy is a way of life that we choose by letting go of our self-absorption and pride.

Stocks slumped hard again on concerns about the economy and inflation.

But wonderful to be seen, they rallied again to a little green or unchanged in the quiet trading in the afternoon when the rest of the world has gone to sleep.

Gold and silver were hit hard once again.

Stock options expiration and all that nonsense about disappearing physical inventories in Asia, and the need to scrape the ETFs in the land of hidden leverage..

We appear to be heading into stagflation I forecast that we would encounter around the end of the last great bubble.

Have a pleasant evening.

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