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Stocks declined sharply today, although they managed to rebound from the lows in the last hour of trading.

Gold and silver corrected, somewhat sharply. The Dollar rose to 104.40.

The managers of the casino could see the specs leaning into the precious metals rally, and decided to take them out for a quick wash and rinse.   

For in this casino, the house knows in aggregate and sometimes in the specific what you are holding in your hand. 

VIX rose slightly but remains subdued.

Have a pleasant evening.

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