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A fairly in-line CPI reading seemed to have a delayed reaction in cheering the risk markets higher.

VIX fell.

The Dollar chopped around and finished just about unchanged.

Gold backed off a bit, but silver rose with equities.

PPI tomorrow.

We're in the 'silly season' now as the election approaches.  

Added to that the stresses of our irrational foreign policies is making people abandon reason in the face of the unreasonable. 

But, the madness serves none but itself.

We have our light to follow, and we know what to do. The best course of personal and financial action is to keep our heads focused on what is true, and let the madness go its own way. 

The madness serves none but itself.

"When humanity has been driven mad by fear and horror, and when chaos has become the supreme law, then the time for the empire of lawlessness will have come."

Fritz Lang said this in his cinema, in 1933, as the society of his time was giving way to madness, and slipping steadily into the abyss.

Have a pleasant evening.

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