“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception
Stocks were down sharply across the board. gold, silver, and their miners also took another hit.
The Fed's Bullard provoked additional selling this morning with remarks that were interpreted as hawkish for interest rates.
Let's say goodbye to this week, and good riddance.
There will be a number of Fed heads speaking again next week.
There will be a option expiration on the Comex next Thursday the 24th.
Have a pleasant weekend.
