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Divine Intelligence, etc

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Is Powell Going to Bump at 25 or 50 Basis Points?

Gold is now up 3.37 for the year. The long treasury is out of the red and back into making money. But essentially, there's nothing here that says we're about to have a major financial crisis. This is not the numbers you'd be seeing if there was a real serious run. I mean, these numbers say to me, there's a constrained takedown.

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