“If only it was this simple!”
There might not be an official French Revolution going on, although the
“Yellow Vests” are giving it a good go, and the contrasts between free Britain
& revolutionary France gave Dickens plenty to write about regarding the
human condition back in the day, but metaphorically financial markets got
their own “Tale of Two Cities” going on with Asia/Europe gold versus U.S.
gold … many days, you’d think we were trading a different commodity, they
act and trade so differently.
click on any chart to enlarge
You don’t need to be a rocket scientist to see gold extending range in
Asia/Europe and losing range in New York … that’s cuz they almost never
go the same way … last time they did in any big way was October 11, 2018,
when gold had its biggest daily range in 2 ½ years, and the Turnkey LP’s
shut the machines off for 3 hours while gold skyrocketed … they officially
blamed MT4, but I know that’s pure bullshit.
In the last couple of weeks over on ZH, we’ve seen articles posted about
increased ChiCom demand for physical gold, and the fact that the PBOC is
telegraphing their purchases … “well, isn’t that convenient? … buy futures in
Asia & Europe and take delivery near home, thus pushing price higher, and then
sell some of that free money from the U.S. trade surplus they got going on to
either keep it flat or push it lower … rinse, repeat, and you get to buy, and take
delivery of the physical, tonnes of gold without price going up much … welcome
to the “ChiCom Hustle”, the largest transfer of wealth from West to East the
world has ever seen. If I didn’t know better, I’d say our elected Pols are selling
us down the river for some cash … what am I saying? … oh hell yes they are”!
Onto this week, where we’ll see what the manipulators got in store for us.
Until tomorrow mi amigos … Onward & Upward!!
Have a great rest of your weekend everybody!
-vegas
OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND
OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY
SERVICE. DETAILS IN “DOWNLOAD LINKS” SECTION IN
RIGHT HAND COLUMN. START YOUR JOURNEY FROM
WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!
No comments:
Post a Comment