Emerging markets were the theme of the day, with Argentina's economic woes coming to the fore again.

• Argentina’s central bank at an emergency meeting on Thursday voted unanimously to raise its benchmark rate to 60 percent... from 45 percent!
• Obviously did nothing to halt the Peso's slide.
• Has become the world's worst performing currency on the year.
• When you're doing worse than the Turkish Lira, you know you're in trouble!

This is why Bitcoin will always have value.

Best of probabilities to you.