When I noticed this last night, I could hardly believe my eyes, cuz the implications
of this are profound … physical commodities markets don’t lie! … i.e., the Lounge
Lizards can “game” the financial wizardry “cash settlement” bullshit all they want,
but when it comes to phyz markets, you got to either deliver or take delivery of the
actual commodity, and the future futures months for expiration can tell you a lot
… and what the WTI Crude Oil market is telling everyone [in the back months]
should scare the shit out of everyone!
Yesterday, the JUNE 2023 futures contract in WTI CRUDE OIL settled at $73.23
… the JUNE 2033 futures contract in WTI CRUDE OIL settled at $53.90 … this
“backwardation” as it’s known, portends a sharply lower oil price going forward
… how many of you believe oil will be about $20 cheaper 10 YEARS FROM NOW!?
… what does this say about the state of the global economy, and what oil
investors / traders think about the future? … I’ll tell you what it’s SCREAMING
… IT’S SCREAMING STAGFLATION AND GLOBAL DEPRESSION, and nobody can
do anything about it! … I find this amazing to say the least!
And while supply / demand prices everything at the margins short term, lack of
future investment capital for oil industry infrastructure is lagging badly
… meaning, you can’t just discover oil somewhere and then start producing the
by-products like gasoline and heating oil … it takes upwards of 5 - 10 years for
the infrastructure to “come onstream” … and cuz of Green Dopes all over the
place, particularly among Libtards who wouldn’t know science if it bit ‘em in the
ass, and POLS who are even worse than the activists, oil industry execs are
“pulling the plug” on future CAPEX, or severely diminishing it … that means
when economies like China, India, and African countries kickstart higher, and
demand FOR OIL MARKET PRODUCTS skyrockets, where the Hell is the supply
gonna come from? … does this scream $20 CHEAPER OIL 10 YEARS FROM
NOW? … there can only be one explanation … WORLDWIDE DEPRESSION &
STAGFLATION … WELCOME to the future Libtards like the treasonous Biden
have in store for you!
Today sees kabuki theater over the debt limit … what a fucking joke these
Assclowns have become … I listen to none of them, I trust none of them, and I
wouldn’t give valuable warm spit to any of their idiotic & stupid talking points
… without the uniforms, they’re simply Nazi leaders on parade for the cameras,
spitting out propaganda for the Sheeple via state run MSM … quite frankly, I’m
still amazed there are productive people still left in the U.S. … why?
… soooooooo many other places where people can enjoy life WITHOUT Libtards,
whose only common denominator is to spread misery & destruction to everyone
through delusional illusions of Utopia, if only they could get their way and
control your life … fuck that! … every single big city in the U.S. is a SHITHOLE OF
DEM LIBTARD POLICIES … why the Hell would anybody live there who’s
somewhat normal? … all that’s left are “the takers”, the malcontents, the
homeless, the criminal class that feeds off of chaos … let them rot in their own
“stew” of stupidity … quite frankly, as far as I’m concerned, the U.S. is past the
point of saving itself and is in what’s known as the “death spiral” … if you live
in the U.S., you have my deepest sympathies … for those smart enough to leave,
here’s some advice … “if you’re a “Libtard in disguise”, leave your bullshit
delusions behind you, and don’t think for a second you’re gonna change
anything at your new destination … you won't, I can assure you … drop politics
out of your new life ASAP … enjoy life, spread happiness NOT Libtard misery”
… do this, and you’ll wonder why you didn’t leave the U.S. shithole sooner!
What comes next for “markets” [cough, bullshit, cough]? … for the manipulated
ones, and that’s everything excluding crypto, it’s LOWER VIX, followed by
violent explosions in price, followed by LOWER VIX back into “sleepytime”
… rinse & repeat … banks win, positioned trader specs lose … you know, the
natural order of things according to Elites, like the Lounge Lizards at the FED
… and so far today as New York comes into the trading day, it’s looking very
sleepy and useless … even Bitcoin is unusually quiet.
It’s a tossup day-to-day which so called markets are the MOST manipulated
… most days it’s between FX dollar pairs and “Stock Bellies” … put a gun to my
head for an answer, and I’d have to say the preponderance of the evidence
suggests U.S. “Stock Bellies” are the most manipulated … the 3 top indices of
SP500, NDX100, & DOW30 … all 3 are nothing more than propaganda tools for
Sheeple’s comfort level that “things are OK” … can’t have Ma & Pa out in
Des Moines questioning whether or not ‘Murican “Stonks” in their IRA’s or
401 (k) plans are “safe” from ravaging losses … must maintain that illusion of
“OK-ness” above all else … hence the “Plunge Protection Team” [PPT] at the
ready to make sure after specs sell “Stock Bellies” indices lower, AND the sell
powder dries up, they’re there to aggressively bid indices higher to make you
look like an idiot for selling … now, you get to buy ‘em back at higher levels
… and of course, in the process it helps banks, who bought from you on the
break, to now cover their longs and sell back to you higher … like I said, banks
win, specs lose, the “natural order of things”!
For the Lounge Lizards running the PPT, they could care less about P/L … when
you run the CNTRL-P machine, who gives a shit about P/L? … it’s not like there’s
an “audit” of their results anywhere, it’s just government manipulation for the
benefit of the Elite banks on Wall Street … losses? … who cares? … and as proof,
simply look at the last 45 minutes that wiped out 3 hours of crawling down price
in the DOW30 … Bingo!, Bango!, Boom!, and Shazam! … looky here Ma, price has
exploded higher … no news, natch … just the PPT fucking shorts and spreading
pain before the open.
The big difference between rallies in “Stock Bellies” and Bitcoin is simple
… rallies in Bitcoin start with shorts panicking and jumping ship, followed quickly
by the spec clowns like Mrs. Watanabe & Gal Pals getting long on moving average
buy signal crossovers and FOMO-ing the living shit out of price … “Stock Bellies”
start serious rallies when selling dries up, and then the PPT gets word from their
scumbag BFF buds the bank LP’s that offers have disappeared … here comes
the PPT buying up everything in sight on the offer side of the ledger … in Bitcoin
this all leads to “TRADING” … in “Stock Bellies” it leads to chop and the Loser
Formation ‘til next time.
Noon in New York, and would somebody tell me WTF I’m supposed to do with a
DOW30 with less than a 200 index point range? … seriously, outside the criminal,
money laundering open where price goes bat shit crazy for 5 - 15 minutes, there’s
nothing here … absolutely no volume, no movement, no NADA! … just pathetic
how the manipulators control VIX to enrich banks and screw specs … all you can
do is wait it out … and it ain’t any better in anything else either, that’s not crypto
related … gold, FX, simply pathetic-er-er-er.
The problem really boils down to tradeability with the alternative trading
algorithm … any market needs VIX, meaning up / down during your session,
otherwise you can’t make any money … when ranges and trading action get so
constricted and tight, it leads to “false positives” in terms of the algorithms
parameters … when markets move, there’s obviously opportunity to make money,
and guess what? … the FED doesn’t like that … POLS & Apparatchiks HATE WITH
A BOILING PASSION specs of all stripes … long or short it makes no difference,
they want to allow you to trade so the scumbag banks can chop the shit out of
you with variable spread bullshit “scumbaggery & fuckery”, and with horrific
slippage, and of course part of that gets kicked upstairs as “skim” … one day
it’s VIX bat shit crazy [BSC], the next it’s “sleepytime” … how the Hell are you
supposed to know the difference except after the fact? … right now, only crypto
is moving and moving well enough to sustain adequate VIX, and with the trading
conditions at IQCENT, pick the market that best suits you, with Bitcoin the
obvious favorite in terms of volatility and price movement … and the FED is
impotent in crypto, and can’t do a “Hoover Dam” thing to stem crypto volatility
… all government is made up of nothing but criminals & thieves, the FED just the
one with the CNTRL-P machine to manipulate mainstream markets.
The FED is just another quasi government monopoly on money machine … they
are as crooked and corrupt as Biden … what they can’t control, they hate
… END THE FED!
It’s 1 PM EST, and enough of this shit … this is beyond pathetic … no trades for
the PAMM today, simply cuz there is literally nothing to do in any market on the
MT4, outside of crypto, and we can’t trade crypto at Coinexx cuz of ridiculous
spreads + slippage bullshit … over in crypto land, some movement in BTC, but
on the whole a very quite day of yo-yo action inside about a $300 range … rumors
about Binance problems continue to surface, but I fail to see or can find
anything to substantiate the supposed news … in any event, a couple of buy
signal trades in BTC @ IQCENT … “The Syndicate” UP APPROXIMATELY 0.4%
… just more grind is all … 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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