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And the wash and rinse continues.

I came in prepped for the post-Non-Farm Payrolls kickback wash cycle.

Gold and silver were slammed this morning.  

The Dollar gained a little in a mostly sideways chop.

VIX fell.

Stocks fell sharply but managed to take back their losses into the afternoon close.

Keep an eye on the option expirations and the upcoming CPI and PPI numbers.

Wouldn't it have been nice if, instead of throwing away hundreds of billions of dollars in corrupt adventures in proxy wars, theft, and murder en masse overseas, we had spent a portion of that money on hardening the US infrastructure, including the water systems, public transportation, energy independence and the electric grid? 

“The worst crimes were dared by a few, willed by more, and tolerated by all.”

Tacitus

This is why nations, and empires, fail.

Have a pleasant evening.

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