Again, the world didn’t end over the weekend, and it makes me very curious
about tonight’s open, and whether or not the FED does a “shock & awe” futures
selling blitz in metals sometime this evening, one that sees gold get monkey
hammered back below 2K … we’ll see. I would argue, this war has very little
to do with gold going orbital, and has more to do with the deteriorating financial
condition of the Banana Republic.
Manipulators are out in force in gold, and we saw 3 blatant attempts on Friday
to try and force gold lower via sell stops on horseshit news stories, which were
obvious plants … and what is becoming increasingly worrisome is that it’s
impossible to tell legit from bullshit! … the real question for the gold market, is
where is the FED’s “puke point” in terms of their massive gold short positions?
… do they even have one? … and while this could get really ugly on the upside,
never discount the ability of government to change the rules of the game to
benefit them [the Hunt brothers could not be reached for comment], and in the
process trap longs and bring about a vicious market reckoning on the downside
… it’s happened before!
Directly below, the 20 Day Range MAs for selected markets for the current week.
Onto the week! … 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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