“Fine, I think not they are!” … so says the world to Grandma Yoda Yellen, as she
once again clubs yields, tanks “Stock Bellies”, and rallies gold, with comments
to both chambers of the “Clown College” … except for gold, she’s a frickin’ curse
for markets! … “but by all means, KEEP TALKING!” … all gold needs now for new
ATH’s, is for the bumbling Preezy “Doofus Machine” to give us his thoughts.
OR … or, turn things over to the retard basket case banks in Europe as we face
another weekend of suspense, with people wondering if their bank will be there on
Monday … and sure enough, Deutsche Bank [DB] is under the microscope as its
stock & bonds tank … the more POLS & Apparatchiks talk about how “everything
is fine”, the more worried markets become and people bail … and rightly so
… why on earth would anybody believe these Asshats? … and if DB is the next to
go “buh bye”, the world financial system is in big F-ing trouble!
Just 11 trading days ago, the yield on the 2 YR. Treasury note was 5% … today,
it’s around 3.5% … that’s quite a swing, and it goes to the heart of people heading
to perceived safety, and out of “Stonks” … and while all of this is bullish gold, it
has the very real potential to make trading excessively volatile & chaotic … if you
FOMO gold, the bullion banks will gut you like a fish for dinner … if you buy to
soon on the breaks, the red spikes from Hell to the downside on stop hunts will
be painful … right now, gold is highly emotional, meaning people are buying
without thinking, and bullion banks are selling it to “em … we all know how this
turns out.
Gold today has made several attempts to vault past 2K, but so far the “Rally
Protection Team” [RPT] has stepped in when spec bids dry up and push it lower
quickly … expect this to be the norm from here all the way up to ATH of around
$2075 … the last thing the central bank manipulators wanna see is a headline of
new all time highs [ATH] in gold, cuz that brings attention to the metal and central
bank negligence, malfeasance, & stupidity … quite frankly, if they did their jobs
correctly, gold wouldn’t move at all.
All central bankers are nothing but bluster & bullshit … they’re “hacks”
espousing the company line, which most of the time is to their masters orders
from the Rothchild banking empire … and, they’ll be rewarded later for their
stupidity and eager desire to “sell their souls” for personal gain … it’s always
been like this, and always will be … it’s highly ironic that the only ones who really
understand the role of gold are the Communists, Dictators, & Thugs … and in the
“civilized” West, it’s all POLS & Apparatchiks and Ponzi finance … what is it that
Vlad & XI know the West doesn’t? … “them that has the gold makes the rules!”
Here early in the trading day, we’re seeing unreal swings in short rates, as rumors
swirl over DB and its future or lack of one … gold on this yo-yo from Hell
… amazingly, the decent bid/offer spread is holding, but slippage looks to be very
high on the swings … for only having about a $20 range for the day, gold has been
to the highs and lows multiple times, and we’ve just seen a $10 drop and rally in a
few minutes … extremely wicked action … and we’re still looking at a day so far
where the range is $10 per OZ UNDER its 20 Day Range MA … long way to go and
emotions are off the charts … if this shit were still in a trading pit, you wouldn’t
have any hearing left!
FED PIE HOLE BULLARD attempting to talk rates higher, thereby rallying “Stock
Bellies” & tanking gold, but it’s not having much effect like I’m sure he wanted if
somebody put a gun to his head and said tell the truth [truth, what’s that?] … and
everybody sits on “pins & needles” waiting for the next shoe to drop … a “shoe”
that sends rates skyrocketing or plummeting … what a circus shitshow ... thanks
central bankers!
Never underestimate POLS and/or Apparatchiks to change the rules, game the
system, and otherwise make miserable the lives of traders … gold a perfect
example today … all night and into the New York session, it was nothing but
rumors about the demise of DB … rates plummeting, gold soaring, and then like
a light switch being turned on, right before the NYSE open things changed
… rates rocket, and gold spends almost the entire day going lower in some kind
of Hellish “two step”, where it’s 1 step up and 2 down for all but about 40 minutes
of the entire day … and even then it didn’t do much to the upside … but when it
turned around, the red spikes down were something … vicious and quick as
government sends a message that the financial word ain’t ending this weekend
no matter what happens to DB.
No trades in gold for the PAMM today … nowhere in this day was there any rally,
followed by some corrective activity, and then a resumption of a rally … there
were tiny rallies to be sure, but the “market wind” was never at our backs
… trading gold is like peeing in a hurricane … better have the wind at your back
or else … and we never had it the entire day … in addition to that, up until the
New York afternoon, the range stunk the joint up … we’re close to it now, but that
pig won’t fly and help us cuz it’s too late in the day, cuz unless somebody says
or does something, this day is over and done from the long side … we’ll hit
it Monday.
One final thought … trading gold at IQCENT is fast and easy, and they offer
300 : 1 leverage … that equates to about $6.50 per 1 OZ margin … you won’t find
better or lower margins anywhere … the bid / offer spread is about 20 cents and
there is no commissions … forget the demo … deposit $250+ or so in crypto and
trade 1 to 10+ OZ., and use the MT4 demo for algorithm signals … EASY PEEZEE
… plus you got all of the options stuff there as well … if you haven’t checked them
out yet, get off your duff and do yourself a favor … the updated binary options
trading manual is coming very soon … use the link in the right hand column to
sign up … all you need is an email address … much more on IQCENT AND GOLD
in the blog update on Sunday.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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