Long after I posted my blog yesterday, here comes an article on ZH last night
reinforcing my topic … namely, the idiotic narrative that the FBI somehow
“broke” Bitcoin, and that the whole episode stunk to high heaven … directly
below the post on ZH. [I swear, some days I get the feeling they read my blogs
and then go to press, cuz this ain’t nearly the first time this has happened.]
https://www.zerohedge.com/markets/here-we-go-again-jbs-paid-russian-hackers
-11-million-bitcoin-resolve-ransomware-attack
And yes, HERE WE GO AGAIN!
Laughable at how stupid they think you are, that anybody would believe this
bullshit … but with Preezy Idiot Boy out of the country visiting Europe, so he
can be kept hidden and not have to bumble through questions, and the other
sociopath busy baking cookies that look like herself, and can’t be bothered, all
that’s left is for Sheeple to believe the “official” narrative and move along.
And we’ll get plenty more of this kind of “official” bullshit come 08:30 AM EST
when CPI data blows out to the upside … “I hope they recalibrated the
government bullshit meter, cuz today is gonna see Apparatchiks fall all over
themselves trying to tell you how whatever number it is, it 1) ain’t that bad,
and 2) “transitory”, so never mind … you gonna believe us, or your lying eyes”?
… it will be a very busy day at the “Joseph Goebbels Communications Institute”
in the D.C. swamp!
Here we go again, as somebody in Asia puts the hammer down and breaks gold
over $20 per OZ., right in front of the biggest CPI print in like forevahhhhhhhhhh!
… the Chuckleheads got nervous and puked? … or more likely, a forced
liquidation started, run, and maintained by the “Rally Protection Team” [RPT] to
force gold lower to bail out short positions of JPM & other virus scum on Wall
Street, cuz remember they got to be done with derivatives trading in gold by
June 28, so a whole lotta short gold futures positioned have to be liquidated
before then … and IMHO, the FED is eating their positions so they can get out,
and later on of course years later when they all retire and nobody is paying
attention, the “Quid Pro Quo” will be paid back via lucrative “consulting”
positions paying 7 digits and a corner office.
It could also be “buy the rumor, sell the fact” kind of report, cuz let’s face it, the
“whisper” number for CPI is “butt ugly”, and most likely anything UNDER 4.4%
MoM, will probably see some selling on disappointment it wasn’t in the league of
Venezuela or the Weimar Republic [yet] … but I’m probably giving the
Chuckleheads to much credit … we’ll see here in a few hours, but keep in mind
the FED of course already knows the number … and with everybody carrying a
gold long position for the last approximate 3 weeks, they’re underwater and risk
another bloodletting should the number disappoint … and of course, that would
also help the scumbag banks cover shorts … all at the expense of specs of course,
who ALWAYS PAY THE BILLS for the banks … simply from a technical perspective,
gold looks & feels “toppy”, but that can change in a heartbeat … watching specs
get “played”, though, is priceless!
Welp!, that escalated quickly didn’t it? … “I guess 5% inflation is alright, cuz it
just destroys your money in HALF every 14 years … no biggee say the smartest
people in the room, it’s “transitory” … this by far, is the biggest gold trading
scam day I’ve ever seen since the 80’s when Putin, as head of the KGB, used to
play gold futures by moving troops to a border after buying, then as price went
up the next day he sold, then later moved the troops away, and pocketed in excess
of $50 million each time he did it … this time however, it’s a FED induced bank
scam, where everybody who’s positioned long going into the report gets blown
out by constant selling from the start of the Asian session onward, thus hitting
off sell stops all the way down … who the hell do you think is buying all that gold
all the way down to the bottom? … and who the hell is selling these kinds of
volumes to make it happen, especially right in front of a major report on inflation?
… who is the only entity that doesn’t care about price or losses?
Of course, try and trade this shit when it’s moving at the speed of light, and the
slippage will make you cry … sure, in hindsight you can sit there and say, well it
worked out anyway, but nobody wants to buy the top either, cuz then what?
… and when it’s all over, nothing but a flaming bag of chop chop poo … “speed of
light … crickets” … and that’s it, go watch a movie cuz there ain’t anything left
… ditto in the DOW30, only in reverse … crypto for its part dead in the water and
not moving, except for a decent move up in BTC … as for the alt-coins, they’re
mostly dead today.
No trades in anything today … in gold & DOW30, we simply can’t get anything
besides straight panic shots up / down, then it’s the “Loser Formation” in
spades … and because volumes have been abnormally small, the volume
spikes, except at short term tops, just aren’t happening at bottoms confirming a
bottom that can be traded … they’re there in crypto, but they ain’t there in gold
& DOW30, at least not lately.
Hopefully tomorrow is better, cuz I can’t see it being any worse than the
manipulative shit we saw today … outta here … “the future’s so “GOLD”-en
bright I need sunglasses”! 😎 … Onward & Upward!!
-vegas
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