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Tuesday, April 18, 2023

ROCKS & VERY HARD PLACES

 

“The Banana Republic a/k/a the U.S. is over … the end comes quickly!!”

Blatantly corrupt POLS, loss of personal freedoms [natch, for the children of

course!], societal decay & moral bankruptcy, rampant inflation & crime, decaying

cities, dual system of justice, and unsound money … that’s quite a list, and it

gets worse with each passing week … gold & Bitcoin don’t have to be mutually

exclusive … there are very big “pros & cons” of each … but as people who have

fled Communist / Socialist / Authoritarian regimes will tell you, try hauling

$1 million dollars worth of physical assets out of a corrupt country, to start a new

life somewhere safe, and see what happens next … if you’re lucky you get out

with the shirt on your back! … by comparison, I can have $1 million dollars in

Bitcoin in a decentralized wallet, get to a new country and using my strong

passphrase, I’ve got my wealth at my fingertips … and don’t anybody give me

this bullshit about, “well what if the internet is outlawed or goes down forever?”

… quick, check your JPM bank account without the internet and get back to me

… do you still have horseshoes in the garage in case cars are outlawed?


The biggest problem gold faces is functionality for billions of people … unless

you have a gold backed currency, where anybody can walk into a financial

institution and exchange paper for actual gold, it becomes almost impossible to

institute a system of finance that can handle the billions of transactions the

world goes through every single day … you need a failsafe system like the

blockchain and Bitcoin … one that does everything cash does, but isn’t

controlled and manipulated by Apparatchiks through the CNTRL-P machine and

slowly inflated away into less purchasing power … quite frankly, if governments

did their job there’d be no need for Bitcoin … Bitcoin can’t be cheated, and

therein lies the problem for anybody in government, who’s only function for

existence is to line their own pockets at taxpayer expense … and when you can’t

do that, they’ll invent reasons to hate it, knowing the vast quantity of Sheeple

will eat the propaganda up and ask for more … “DON’T BE A SHEEPLE!”


Sometime in 2023, the U.S. will start paying over $1 TRILLION DOLLARS per year

to service its debt … a debt that keeps growing exponentially … and very soon,

unless Clown College Republicans cave, which is a distinct possibility, there’s

gonna be a showdown on raising the debt ceiling … is default in the future of the

Banana Republic? … it matters little, as the theatrics don’t overshadow the fact

people have lost faith in most things government does … they can keep

manipulating gold & silver lower, and monkey hammering specs, but they can’t

stop people from exiting the banking / financial system … and when that picks up

steam and goes full throttle, look the fuck out Skippy cuz the tsunami that follows

will be unlike anything you can dream … a radical “reset” of sharply higher metals

& crypto prices lies dead ahead! … to say the U.S. is caught between a rock and a

hard place is the understatement of the year.


Every day I get up to trade bears out the premise that the only … ONLY! … only

markets worth trading are in crypto … while the manipulators do their “Hoover

Dam” best to screw specs all across the board in traditional markets, crypto

shines like the sun … no scumbag FED Lounge Lizards, no big banks backed up

by free CNTRL-P machine cash … and if you seriously can’t see why POLS &

Apparatchiks hate Bitcoin, may I suggest you seek out psychological counseling

… maybe watch another Goebbels speech from the Reichstag might help you

… cuz while Bitcoin is flying, everything else is dying … and with trading

conditions as realistically as good as it can possibly get, with 1 penny spread and

no commissions, if you’re not trading Bitcoin [or some other coin like ETH or

DOGE], I can only assume you don’t like money … simple as that …   another day

of “bucket of shit” traditional markets, brought to you by scumbag banks feeding

off of spec order flow and front running everything in sight … sickening, but with

POLS & Apparatchiks “in the tank” via the offshore prop accounts skim machine,

what do you expect? … “ain’t no such animal in crypto!”


And we are very quickly getting to the point in traditional market trading where if

you’re wrong by just a little bit, you’re completely fucked … there is no coming

back, and there is no up/down trading, where any kind of halfway decent VIX will

see opportunities … only a wall of sloooooooooow buying or selling ‘til you

collectively scream & puke along with the rest of the public specs using

traditional indicators … what, you think they can’t read charts or know if you’re

long or short? … you think they don’t know where your stop is? … this is nothing

more than slow motion robbery by those with the money to do it, backed by

scumbag central banks who will backstop them come Hell or high water … this is

what totally INCONSISTENT VIX BRINGS TO THE TABLE … they know it, do you?


As the criminal, money laundering NYSE opens for another day of washing ill

gotten gains from Asia & Europe, looking across the MT4 spectrum it’s more than

pathetic … quite frankly, the ChiCom thugs run better capitalistic markets than the

so called “free market crooks” on Wall Street … looking at FX I want to puke … I

guess summer markets have come early.


As I write, BTC has a “Trading Ratio” [TR] of ~$22 - $23 … USDJPY a TR of ~ 2.9

… and quite frankly you really can’t put a value on BTC TR cuz the total cost to

trade it is 1 frickin’ penny … to compare it to anything in FX, it’s 2200 - 2300 to

maybe 2.5 - 3.5 [max] … wait, WUT!? … meanwhile, over in bullion land, the

“Flying Wedge of Death” [FWD] is being played out by scumbag bullion dealer

banks, who a couple of hours ago sold the high to specs on a small upside 

breakout, and are now buying spec sell stops on a new low for the day … range

pathetically tiny, but it’s “mission accomplished” … all that matters is fucking

specs with the help of the Lounge Lizards on the skim payroll … and see my

shocked face as gold rallies off the sell stop low … Gee, I wonder who is bidding

this shit higher, so everyone who lost money earlier can buy it again and have

another sell stop hit off?


Granted, BTC doesn’t have the frothy, Newbie spec filled FOMO ranges of

yesteryear, where it got bat shit crazy [BSC] practically every day … the

$3000 - $8000 ranges were overstretched and couldn’t be sustained … that froth

has given way to more controlled rallies / breaks, not that it feels any different

cuz it doesn’t, but quite frankly where BTC trading is at now seems like perfect

trading conditions … ask yourself why crypto can have this, and traditional

markets can’t … why? … the answer is simple … MANIPULATION … with

blockchain technology, why do we need banks? … why does the world need JPM

or Vampire Squid in the middle of every frickin’ trade? … do the math Skippy

… in crypto they ain’t there … in traditional markets they’re involved in every

“Hoover Dam” trade … sure, they’re “liquidity providers” … like the Mafia is in

the “personal loan consultation” business!


Noon in New York, and it’s difficult for me to adequately explain just how FUBAR,

ridiculously pathetic mainstream trading has become … sorry, I can’t find the

adjectives … USDJPY is offering us NOTHING! … a little bit better in the non

dollar crosses, only in the sense the “variable nature” of their movement requires

less nominator/denominator movement to get the cross to do something … if

anything is moving, it’s a moot point, but ain’t nothing moving! … how long this

bullshit continues, I haven’t a clue … just cuz it’s easier to get something out of

the cross up or down, I’m moving back over to GBPJPY tonight … spent all

frickin’ day with one eye watching USDJPY put me in a hypnotic trance … good

grief what a nightmare of bullshit … no trades for the PAMM today … hopefully

tomorrow sees some movement … quite frankly, I don’t see how it can get any

worse than this.


Crypto a completely different story … at IQCENT, I like to use the m3 chart with

the Fisher Transform [period / length =10] … the crossover gives excellent

buy/sell algorithm signals, which not incidentally mirror almost exactly a MACD

VOLUME WEIGHTED 4 & 20 EMA … USED in conjunction with the m1 off the

MT4 platform at Coinexx in BTC, it gives excellent perspective for BTC and

trades … IQCENT doesn’t have the volume weighted MACD in the Trading View

library of indicators … no worries, just use the Fisher Transform … from earlier

today, directly below a screenshot from my platform.


click on chart to enlarge

Considering the rest of the trading world is in trading Hell, a pretty nice daily

range of ~$1400, and with a 1 penny spread and NO COMMISSIONS, what the Hell

do you want? … “The Syndicate” doing multiple trades today in BTC, and we’re

UP APPROXIMATELY 0.8% … I’m a little pissed at myself as I missed that last

blast higher before the chop set in … sign up and trade crypto [or anything else!]

at IQCENT using my affiliate link in the upper right hand column … it’s fast and

easy, and when depositing funds via Bitcoin you’re up and running in about 15

minutes … once you start trading BTC, everything else seems a waste of time by

comparison … onto tomorrow! 


… 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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