As usual US stock futures plunged overnight on the threats from Trumpolini to ratchet up the stakes in the developing trade war with China.

And as usual, after the market close in Europe, the stock futures were walked up slowly, in relatively quiet summer-like trading, to close far off the lows towards unchanged.

I suspect that one day soon the markets may slip. And all the king's men won't be able to prop it back up and make it look pretty again.

Gold and silver were also hit in the early NY trading hours after moving higher overnight.

Once those two genies pop out of their bottles, there is going to be quite a chore to bottle them back up again.

Physical inventories of gold ready to be delivered are quite low.

One wonders how unsustainable, or perhaps more correctly unstable, the current situation in the markets may be at these valuations and assumptions.

I watched the World Cup games in the afternoon, and missed Trumpolini's far-ranging rant to the Independent Business Group. Darn.

It does seem like the world is holding its breath, to see what happens next.

Need little, want less, love more. For those who abide in love abide in God, and God in them.

And may the peace of God, which surpasses all understanding, guard your hearts and your minds.

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