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Tuesday, February 16, 2021

SCAM NATION, SCAM MARKETS, BOGUS PRICE DISCOVERY

 

“U.S. culture, political environment, & markets in one pic!”

When the entire current premise of a country is a “scam”, why should anything in

it be legit? … illegitimate & fake Preezy, FED controlled “mafia like” economy,

distorted interest rates, corrupt POLS, Apparatchiks, & regulators, and “markets”

that are worse than playing roulette in a frickin’ casino … fake everything, except

the fact that the middle class of ‘Murica is being destroyed on purpose by the

global elites & current Communists running things … it only gets worse from here,

no matter how many “stimmy” checks they throw at you!


If I had had a gun in my hand, I would have shot the computer! … watching

Turnkey’s ridiculous, scumbag HFT LP’s in crypto early this morning had my

blood boiling, cuz while PHEMEX had spot rates of between $0 - approximately

$30 [at worst] in BTC, natch Turnkey’s thieving pieces of pure shit had a

bid/offer spread close to $100 … want proof? … check out the pics below.






The top pic of course, Turnkey’s LP in BTCUSD impersonating an LP … somebody

that actually provides liquidity at a fair price would be totally foreign to these

asshats … the second pic the “open order book” platform at PHEMEX in cash

BTCUSD … “so let’s see, at its “worst” PHEMEX has a spread of about $30, and

by no means the worst spread I saw this morning at Turnkey, which was about

$150 … sure, let’s trade where it’s a full $70 higher, slippage isn’t even included,

and get taken out back and shot … fucking thieves is all you can say, but of course

we’ve known that for a good long while … quite frankly, I’ve had it with these

“Bozos”, and I’m wiping crypto off my screen for the PAMM / MAM at Turnkey

… that means trading will be confined to crude oil, gold, & silver, and only if the

spreads aren’t horrific, which at Turnkey you never really know until the moment

they go FULL “FUCK YOU” and leave you hanging … may not happen, could

happen in 3 .. 2… 1 … who the hell knows with these crooks.


What makes crypto so egregious, is that good signals come when the spread

blows out, and if you take them you’re simply handing them free money

… screw that! … as I have stated lately, both BTC & ETH are morphing into

EURUSD & other major FX pairs, and the manipulations by “whales” is

completely mirroring the manipulations by central banks in FX … “they have

learned quickly mi amigos”!


The blog tomorrow will deal with “The Syndicate” over at PHEMEX … today, no

trades as “market making” has literally become impossible in practically every

alt-coin they offer in the perpetual futures, along with BTC futures trading … it’s

a frickin’ nightmare.


Well, finally some trading action in metals, albeit not the most friendly to trend

traders … signals in silver today for the TURNKEY PAMM / MAM, and we’re UP

SLIGHTLY.


Of course, once we got some signals, both silver and gold go into the “loser

formation”, and if you got caught in the downdraft today, good luck making it

back … just another tool in the arsenal of manipulators as they clean specs

out … almost NOON in Gotham, and already metals have gone to sleep

… whatevs, it is what it is.


… outta here … until tomorrow … “the future’s so bright I need sunglasses”!  😎

… Onward & Upward!! 


-vegas









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