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It was risk on, and stocks were in rally mode, going out near their highs.

The Democratic convention starts today, and the Fed will be meeting in Jackson Hole later this week.

The Dollar fell back down to the lower bound of its recent range.

Gold and silver gained in the overnight and managed to hold on to some gains.

Everyone has forgotten about the confrontations of escalation overseas.

Why would we care?  

Not when our mages of the media and high priests of power and finance can prophesy illusions.

Have a pleasant evening.

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