And suddenly, all eyes are on the mideast, as war appears imminent [but it won’t
be, just more of the same drawn out bullshit of endless proxy wars so the
weapons systems keep flowing and money is pocketed by the usual suspects]
… ask yourself, though, who really started this and who funded it, and who’s in
political trouble and needs war, and simply follow the money as always … ALL
ROADS lead to Joe Biden and his sycophant crew of Communists, Socialists,
and other assorted parasites draining the U.S. of productivity & freedoms
… think I’m nuts? … OK, but consider that Biden funded the Taliban and literally
gave them over $85 BILLION DOLLARS in military equipment when he botched
Afghanistan … and he just gave $6 BILLION DOLLARS TO IRAN, who funds
Hamas and other terrorist groups … plant the seeds of war, nurture it with plenty
of free dollars to spread around to various nutjob groups, get the CIA and other
alphabet soup agencies involved, and sit back and wait for the fireworks … then
when SHTF, show up as the “white knight” on the white horse to appoint
yourself the one to save the day with more weapons systems and free money
for everybody! … everybody gets free money who can pass a good chunk of it
back to POLS & Apparatchiks in the U.S. through various means set up by
shitweasel lawyers to skirt the law … see how this “Scumbaggery & Fuckery”
works?
And the reason you, some Schlub who lives in ‘Murica doesn’t get Mr. Jack
“Diddly” Squat of any of these free dollars should be obvious … YOU DON’T
KICKBACK ANYTHING TO MAKE IT WORTH THEIR WHILE! … you expect to
keep ALL OF IT FOR YOURSELF IF YOU GOT IT! … in other words, you don’t
play the game right! … rest assured, 1) there are none dirtier in “The Swamp”
than the Biden Crime Family, 2) nobody wants the “gravy train” to end, and
3) endless war is good for ‘Murica and the economy … sure, people die
everywhere where you can’t see it happening, so caught up in NFL bullshit, and
other staged distractions for the masses, you ain’t got time for death &
destruction … or so you think … until that moment when the U.S. can’t borrow
any more money cuz nobody will lend it to ‘em no matter the interest rate
… remember, the Banana Republic is borrowing $1 TRILLION DOLLARS EVERY
6 WEEKS, and my guess is that number has ZERO chance of going down
anytime soon … how long do you think this can last?
Gold ain’t rocketing cuz of war, gold is rocketing cuz the financial endgame of
the Banana Republic is at hand … NOW! … only the Lounge Lizards at the FED
are holding price down, hoping beyond hope they can print enough dollars for
short margins in futures and options to keep gold from going over $2K and
eventually $2100, which will open the floodgates for a sharply higher price
… they are banking on a strategy that has always worked in the past, which is
to “wait out” the longs until they get disappointed and start liquidating
positions cuz price is not rallying like they want … then they step in and
monkey hammer the shit out of price to start a pukefest to the downside, at
which point they cover short positions … and quite frankly, it could work this
time as well! … but in the background is the 800 lb. Gorilla that gets bigger and
stronger by the day / week / month, which is debt, interest service on the debt,
and hyperinflation … other central banks have caught on and are big buyers of
gold on breaks … little sell stop hunts ain’t gonna affect them or their outlook.
As long as gold stays sub $2K, the FED has a chance to keep things in check
… but once that threshold is broken again, and then $2100 goes by the wayside,
we enter a whole new ballgame of panic and worldwide demand that will blow
price up to the stars … ditto for silver as well, perhaps more so in percentage
terms … and when that happens [not if, but when], there isn’t a meter in
existence that will be able to measure the panic meltdown taking place in the
Banana Republic as it dawns on Dipshits like Biden and his ilk, along with all of
the RINOS, that the “free money game” is OVER! … future civil war? … count on
it, as states like Texas want nothing to do with Shithole Libtard Hellholes like
New York & Illinois … none of this spells “downside” for gold, and in fact
supports further upside potential beyond what people think possible … as I’ve
said, IMHO gold trades at a price = Bitcoin, and maybe higher.
The only downside for gold is if government gets its shit together … FAT
FUCKING CHANCE THAT HAPPENS EVER! … no government in the history of
the world has ever paid off national debt … Nope, they all inflate it away to
nothing … just remember, 3,000% inflation since the FED was created in 1913, up
to June 2023 … right on schedule to bankrupt the U.S. in a few lifetimes … and
right as gold is being taken to the launchpad, don’t look now as Bitcoin this
morning has hit $30K again … what happens when the U.S. imposes capital
controls and the public panics? … you won’t be able to take gold with you when
you leave cuz it’ll be confiscated … Bitcoin on the blockchain however can’t be
stopped, and in your new digs, you can resume life as you knew it before the
revolution … and I don’t care if you think I’m nuts … don’t care cuz if I’m wrong
there’s no downside for me … if you’re wrong? … well, you’re fucked, as in
“proper fucked” cuz there will be no recovery for you or your family, as
everything will have been taxed or confiscated [stolen] by government.
Gee, here’s a surprise … Biden’s little talk to the nation hasn’t done anything to
squelch fears of 1) he has any clue to what he’s doing, and 2) he can stop or
prevent anything … but hey, why would he want to? … “where’s my cut?!”
… he’s responsible for all of it, so why would he end it? … relax, it’s just more
of the same proxy war bullshit you’ve come to know and love from POLS &
Apparatchiks over these last decades … along with a meltdown of U.S.
finances, gold and Bitcoin should be well supported on corrective breaks.
Adding to this list of woe for the Banana Republic is China & the ChiComs
… he’ll take Taiwan when Biden looks his weakest and the U.S. is almost dead
broke … selling Treasuries and forcing rates higher, while at the same time
forcing gold higher with massive buy purchases through Shanghai, Moscow, &
Singapore, only strengthens his hand and weakens further any resolve Biden
and his ilk have left … like I said yesterday, the “woke” military can’t even shoot
down a fucking weather balloon over the Dakotas, and in the process lost some
missiles … wait, WUT!? … and you expect them to wage war on 3 fronts?
… GTFO with that! … quite frankly, IMHO Biden will fold and throw Taiwan under
the bus when appropriate, and then see where gold is!
Turning to today’s “Slots-A-Rama” inside the world’s most corrupt casino, while
gold holds steady, Bitcoin takes off to $30K … any vault above 30,500 will see
plenty of buy stops hit … not there yet … meanwhile gold lurches inside a tiny
range, looking for a minute like the low could go, but here come the buyers, and
now it just made a new high for the day up near 1988 … wonder what the FED will
do if it closes above $2K today going into the weekend? … will BIBI start a
ground invasion of Gaza over the weekend while markets are closed? … or do
we start Sunday night with a bloodbath lower on “bigly & yuge” FED selling of
futures? … quite frankly, I’m left a little stunned at the aggressiveness of price
above the 1970 level, especially after the enormous run we’ve seen so far with
ZILCH corrective activity of any significance other than the sell stop hunt
yesterday that took it down about $15, and which it got bought very
aggressively from that level … and here we are at 1990, and I’m wondering who
it is that is sticking their middle finger in the eyes of the FED manipulation
machine? … can only be the ChiComs is the only plausible explanation, and if
that’s the case, fasten seatbelts! … meanwhile, “Stock Bellies” are getting
monkey hammered … what happens if “Stock Bellies” don’t rally for 10 years
and are stuck in a range? … happened in the 70’s with stagflation so don’t tell
me it can’t happen, cuz it sure as Hell can!
And yes, for those wondering, gold is in “The Twilight Zone” now … up just
short of $200 in 10 trading days, blowing through 5 ½ months of trading action
like a chainsaw through a stick of soft butter … round up the usual suspects for
the cause, but it ain’t war in the mideast that’s caught gold’s attention … that’s
just the surface ruse, so when there’s a glimmer of diplomatic hope, gold can get
clobbered lower and the “talking heads” got something to say … and that break
might well be the one to buy for a generational trade … we’ll see … how many
reversals does a market get before people start jumping out of windows? … 4 so
far in gold today, although the roller coaster ride up/down has failed [so far] to
breach the low of the day on several occasions … we’ll see if that holds or if
somebody goes for some sell stops.
It’s been a very long time since I’ve seen this kind of sustained buying in gold,
over a 10 day span … the highs in September 2011 come to mind, and we all
know what happened next … however, the world is a very different place than
back 12 years ago … same Idiot Libtard leaders who appease terrorists, but
financially the Banana Republic is far weaker … it will be interesting to see how
this plays out in the days / weeks dead ahead … many potential hazardous
outcomes, and quite frankly these types of conditions are what made me become
a scalper in the first place, cuz day to day I don’t have to worry about what
happens, just react to it … positions over time are for Chumps IMHO cuz so
many different things can happen … remember, “capital is finite, opportunity
is infinite!”
Although there were many buy signals today in gold, I’m not interested in
getting long above 1980 - 1985 without some kind of corrective activity that
makes sense … just too far too “Hoover Dam” fast for my sensibilities as a
trader, with red spike down risk a heavy probability … therefore, there was one
really good signal I took in gold for the PAMM, and we’re UP ABOUT HALF WAY
TO 0.1% … we’ll capture more of these via corrective activity in the days / weeks
ahead, not every 10 day period is gonna be like this I can assure you! … over at
IQCENT, some light volume trades in BTCUSDT and “The Syndicate” is UP
APPROXIMATELY 0.3% … just grinding away for yield is all I’m doing, and in
BTC what we really need to see is movement above 30,500 that holds … that
will bring in volume and plenty of buyers … EURUSD just a chopfest today and I
skipped it … blog update on Sunday … until then mi amigos!
… 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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