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Friday, March 8, 2019

NOTHING SCREAMS INSANITY LIKE ASIA

“Meet Asia’s secret gold trading algorithm!”  

“Sure, why not … cuz nothing says buy gold and rally it $11+, after Europe falls 
off a cliff yesterday and the Dollar Index skyrockets, and then the ball gets passed 
to the morons in Asia who promptly bid it straight up … and WTF do you think 
New York is gonna do with your rally when it gets here later? … idiots, top to 
bottom”.

Round up the usual cast and crew … Mrs. Wantanabe, the “Chuckleheads”, 
and of course the ChiComs … throwing darts at a board from 50 feet seems 
legit as a trading algorithm, and we got an NFP report in a few hours to add 
to the dealer mix of sure fire trouble, so yea by all means cuz it makes perfect 
sense in your idiotic mindset, let’s have an effing buying party where 
everybody and their brother can stumble over each other to see who can pay 
the higher price! … what can possibly go wrong here? ...  “is it any wonder 
these assclowns lose money consistently”? Looking at the metals this morning 
early, didn’t the silver market get the email for the buying? … who forgot to 
tell silver?

You wanna talk about Pavlov’s dogs? … well, here they are … is it any 
wonder the scumbag bullion dealers play these “Chumps” like violins? 
… talk about predictable … I’ve seen better strategy at a slot machine than 
this … Powerball lotto tickets as an investment is starting to make sense after 
this. Can’t wait to see the NFP numbers here in a few hours … “not saying it’s 
gonna, but it has the potential to be a clusterfark for those in Asia”.

“Well, that escalated quickly didn’t it”? … but before I talk about the 
disastrous NFP report, take a look below at the M1 just before the NFP 
report, and notice all the way over on the right of the screen, the suicide dive 
shot by scumbag bullion dealers to take out remaining sell stops, to get long 
themselves, right before the report … “somebody tell me again about how they 
don’t have advanced knowledge of these reports, and use their muscle to their 
advantage and your distinct disadvantage, and how they don’t manipulate the 
market for their benefit? … Bueller? … Bueller? … scumbags top to bottom”.

click on chart to enlarge

 And there we have it … looks like the depression flu is spreading to the U.S. 
… not like we haven’t seen this coming, from shipping container rates going 
“Thelma & Louise” to economic reports out of Australia, China, Europe 
yesterday, and now today a less than rosy jobs report … negative next month 
for jobs? … all week we couldn’t get Mr. Jack Squat for a rally, and then 
within hours in the dark, and now on the NFP report, we get almost $20 up 
like it’s pocket change to the market … “nothing moves in this shit unless the 
scumbag bullion dealers want it to move … for it to go up, they had 4 days to 
cover shorts and get long … now that they’ve bolted it higher, they’ll be heavy 
sellers above 1300, as sure as I sit here … as Eric Sprott says, it’s the “Comex 
Con Game” on full display”.

And now that we’re almost into the New York afternoon, with a post NFP 
range of a whopping $5 ½, what are we doing really? … the high from the 
early Asian bolt higher was around 1296, and here we are dinking around 
1296 - 1297 area after buying above 1300 got soundly rejected … again, 
New York isn’t going to allow gold to move in the direction of Asia & Europe 
without a big fight … and the way the market is trading, it’s simply a 
clusterfark of mystery ticks and “slippage candy”.
 
Only one algorithm buy signal today … PAMM up slightly.

Made back slightly less than half of what we lost the other day … wasn’t 
really thrilled with the level at which the buy signal came, but it is what it is 
and we profited some … other than that, trading action quieted quickly after 
the NFP report came and went.
 
Onto next week mi amigos … blog update Sunday night 
… Onward & Upward!!

Have a great weekend everybody!

-vegas

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