WATCHING A DEAD MARKET TRADE

 

“Oh market Oracle! … what’s your outlook for gold?!”

“Well, the only thing that saved gold today, from the infamy of having a $2 range 

for the day, was the FED Pie Hole Bostic, who right from the start of the NYSE 

session, let loose with the interest rate chatter from the faculty lounge … of 

course, purely coincidental to the NYSE open, right? … could these asshats be 

any more obvious in their manipulations”?

And as I said yesterday, gold doesn’t trade anymore … all it does is move 

when somebody is in trouble from the wrong side … when they’re done, which 

the bullion dealers know and we don’t … that’s it, thanks for showing up, and 

come again soon. What a complete shitshow.

Cuz gold’s up a whopping $4 and change since the Pie Hole informed us the 

FED officially hasn’t a clue … not that the world didn’t know that anyway, 

cuz we all do … but the SP500 hasn’t really reacted that much to what he said 

… with a couple of hours to go to the NYSE close, the SP500 has a pretty 

anemic 25 index point range, not exactly gangbusters.

And so the mystery ticks, the buy stops, the increased bid/offer spread, and of 

course the “slippage  candy” handed out by Turnkey’s band of LP bullion 

crooks, sees gold with about an $11 range, but only $6 since Bostic uttered the  

“no more rate hike mantra” for a while … Oh yea, gangbusters here we come 

… what with the “scumbaggery” all around the market, I’m sure after paying 

up for the privilege, and then getting the slippage shiv stuck up your back, 

everything will turn out just fine if you close your eyes and HODL … given the 

news today, this market’s response is simply pathetic … this is a dead market.

No sense in being redundant, onto tomorrow … maybe at some point here in 

the future this market can actually “trade” and have a range, but I’m 

doubtful … we’ll see what tomorrow brings … I’m outta here … like most 

days recently, I can’t take another second of watching this dead market 

attempt to trade … quite frankly, this is the worst market on the board to 

trade … no volumes, no liquidity, crooked thieving scumbag LP’s with high 

spreads and slippage that would make Vito Corleone jealous … last but not 

least NO RANGE! … it’s pitiful & pathetic, but what else is new? … until 

tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

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