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Today we had the expected 'gut punch' follow-up to the recent precious metals option expiration on the Comex.

I would normally expect this to be about it, but since we are approaching the end of the third quarter we will have to wait and see if the big metal and miner shorts have used this opportunity to square up their books for quarter end.

The Dollar rallied and took the 106 handle and then some.

Stocks were punched down hard but managed to rally into the close and finish unchanged to green.

What a surprise.

The government shutdown looms as the House continues in disarray.

But this is mostly the usual end-of-quarter shenanigans.

When you opt to have a selectively lawless government dominated by irresponsible knuckleheads and genteelly corrupt creeps you can't really expect much better.

As Cicero is said to have famously observed in his first oration against Cataline, 'O tempora, O mores.'

When he spoke in 63 BC his republic was failing as well.

Have a pleasant evening.

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