Debasement Danger Drulard Family Capital Fund Fortnightly Macro View JD Straight Up: S&P 500 at 7674 – up 1% from 7620 two weeks ago VIX at 17 – flat from 17 two weeks ago 10yr Treasury yielding 5.26% (up 5% from 4.98% two weeks ago) Agg (US Aggregate Bond Index) at 94.57 – down 2% from 96.08 two weeks ago - lowest in nearly 3 years Gold at 4146 per oz (down 4% from 4322 two weeks ago) Silver at 61.38 per ounce (down 4% from 63.69 two weeks ago) Crude Oil (WTI) at 95 per ba