Stocks had their usual funny, highly contrived trading day.

Most of the action on the tape seems very 'handled'.

Gold was hit after a huge overnight spike up to a new near term record high.

Silver just meandered around. I think the physical delivery situation will sustain silver to a certain degree - because the Western central banks do not have any silver in their reserves to lend out at key moments.

The Dollar chopped around and ended mostly unchanged. 

VIX dropped quite a bit. We are back into relative complacency.

Have a pleasant weekend.

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