DAY 7 OF THE HOSTAGE SITUATION

 

“Oh look, somebody trading gold!”

I’m renaming gold to the “ChiCom Hustle” … afterall, they’re the ones 

pulling the strings these days … “a little song, a little dance, a little seltzer 

down your pants”! … seems legit as the official “gold market” theme moving 

forward.

Why should today be any different than the [pick a number] past days? 

… suck ‘em in, then hang ‘em out to dry, nothing but mystery spikes, mystery 

ticks, wide bid/offer spreads for no reason, and the occasional stop hunt inside 

an almost embarrassing range … just the way the ChiComs like it … and with 

nobody trading it, how much easier is it to manipulate? … “quite, if you ask 

me”!

“Nothing to see here Sheeple … move along … just a market dying is all”.

Noon in New York, and as we wait for the Brits to start the clown show, and 

show us all over again why they’re just above Haiti in world influence, gold 

only makes sense when viewed from the eyes of the ChiComs … “if your goal 

is to accumulate as much physical metal as humanly possible without the price 

going up, then slow, dead market conditions is exactly what you want to see, and 

on that score gold is delivering”. About the time you start to think conditions 

can’t get any worse, just go look at a multi year silver chart, and let that bring 

you back to reality about what’s in gold’s future … “cuz yea, it can get very 

much worse than it is now”.

Gold on the $3 - $4 yo-yo, with not enough either way to bring in anybody 

with any sense, but enough to clip tight stops for those looking for tax season 

losses. “Trust me, the ChiComs know exactly what they’re doing, cuz they’re 

more cutthroat capitalist than the asshats on Wall Street, and they got more 

money”.

Quite frankly folks, I don’t know when this “shitshow circus” ends 

… tomorrow, next week, next month, who the hell knows … all I know is that 

trading it in its present condition is akin to throwing money away … we 

simply have to wait it out for better conditions … simple as that.

Onto tomorrow, what else can we do? … I’m outta here … until tomorrow mi 

amigos … Onward & Upward!!

Have a great day everybody!

-vegas

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