OF COURSE IT’S “RIGGED” … IT ALWAYS HAS BEEN!

 

“When you’re on the wrong side of a trade in a rigged market!!”

They trade billions, if not trillions per day, yet they never get into trouble with

their trades … why is that? … cuz they’re sooooo smart? … maybe it’s cuz of

what I’ve known for decades, first observing it in trading pits … the data game is

“RIGGED”, and they are positioned perfectly for what is coming at the appointed

time … doubt me? … well now we know from the BLS it’s true, thanks to ZH

… the link directly below.

https://www.zerohedge.com/markets/scandal-rocks-bidens-labor-dept-lying-

about-sharing-non-public-inflation-data-secret-group

I have maintained for decades, that ALL REPORTS ISSUED BY GOVERNMENT

[including the FED] be done on Saturday mornings … this way ALL MARKET

PARTICIPANTS, LARGE AND SMALL, CAN ASSESS HOW THEY WANT TO

TRADE COME SUNDAY NIGHT ON THE OPEN AND BEYOND DURING THE

WEEK … but that ain’t ever gonna happen cuz scumbag LP banks and HFTs

have got to have the ability to screw over institutional & spec accounts for all

they are worth, and since the POLS, Apparatchiks, & regulators want their

“skim”, it’ll continue and never change.

Well, that escalated quickly didn’t it? … Whoops!, not even the whiz kids can lie

about this one, a little hotter than “Taliban Joe” would like to see, and more

importantly the 10 YR. Treasury over 4.5% yield now and rising … no worries,

just print MOAR! … consumer prices, as measured by the government which are

woefully inadequate as well as inaccurately underreported, are up 19% since

“Diaper Joe” has been Preezy … not a single month this Doofus has been

Preezy have prices fallen … worst Preezy in history, and at least Jimmy Carter

feels a sense of relief! … digging through the data, I do note that typewriter

ribbon and horseshoes fell in price, so at least the Amish might be happy

… question is, though, with everybody and their pet rabbit positioned long gold,

where are the stops you absolutely know the bigger players have their eyes on?

… wait for it, it’s coming!, and you won’t need me to tell you about it, cuz you’ll

see the down “bigly & yuge” red spikes on the m15 and the m1.

With today’s casino action brought to you by government, a few things need to

be mentioned that have a direct bearing on trading these more volatile markets

… 1) especially with “important” numbers being released as determined by the

propagandists on Wall Street, you need to recognize that the RM levels upon

release of data DON’T MEAN MUCH OF ANYTHING! … meaning panic has no

bounds and can’t be measured by us cuz we have no way of seeing order flow

coming through institutional order desks … 2) RM levels currently constructed

for gold and “Spoos” are undervalued and need to be raised to higher volatilities

… RM=4 levels should in no way, at least theoretically, be hitting this MAX as

often as it is … LESS THAN 5 TIMES PER YEAR, NOT EVERY DAY WE TRADE!

… and 3) I’m adding spot silver [XAGUSD] TO OUR PAMM TRADING LIST MIX,

BRINGING OUR COVERED MARKETS TO 5 … the “vegas mq4 code for support /

resistance levels” based on volatility is available now over in “Download Links”

for silver … current RM levels are RM=1 & RM=2 for the m1 chart, and RM=2 &

RM=3 for the m15 chart … I’ll be updating the 20 Day Range MA & MEDIAN, and

I’ll have new higher VIX RM levels for gold and “Spoos” on the upcoming

Sunday blog update.

Now that silver has broken through $26 per OZ., going forward there should be

some really good trading opportunities … better than gold I would say with a

better bid/offer spread of usually under 1 penny per OZ., but will blow out on

sharp moves up/down … quite frankly, paying 35 - 40 cents per OZ. in gold AND

having to deal with sometimes horrendous slippage is a pain in the ass … I don’t

know how slippage is going to be in silver, but I don’t see how it can get any

worse than gold … in any event, I’ll start with low volumes and work from there

… GiddyUp! … once up & running, let me remind traders, though, trade silver

based on silver signals, NOT on what’s happening in gold! … yes, they strongly

correlate positively, but different dynamics for different markets … it’s not even

11 AM EST in NY, and we got a DOUBLE REVERSAL GOING IN SILVER, with an

approximate 89 cent range [so far]! … and as you’ll see, RM=2 on the m15 chart,

and RM=1 on the m1 chart, hold very well … better really … EXCEPTIONAL!,

IN FACT!

With the exception of the 2 crypto pairs BTC & ETH, where spreads and very high

margins require a lot more money in your account, and thus make them less

attractive than the other 3 pairs, all 3 of SP500, GOLD, & SILVER have moved

quite well today … out of the 3, gold the most bat shit crazy [BSC] with price

quite erratic versus the other 2 … blink your eyes, and it can get quite nasty

… the “Spoos” are getting a much needed correction, and going forward it’s a

question of where the support is on the way down … and just as an aside, the

“Spoos” are the only ones we trade that trade inside an “88/6/6” paradigm that

I have written about extensively before … the entire system is rigged to see

“Stonks” go higher, and stock markets don’t exist so prices can go lower

consistently … the “Plunge Protection Team” [PPT] certainly make sure of that!,

right along with corporate buybacks … and IMHO, it makes complete sense to

trade this market from the long side ONLY, but since I’m not your MOM, you

can do what you like.

Time for FED Lounge Lizards “minutes” from the last rigged meeting … just what

we need today, more VIX! … aaaaaaaaaaaaand, nobody gives a shit … rightly so,

as why would anybody in their right mind listen to these Elite assholes who spew

propaganda daily with the intent of manipulating “Stock Bellies” along with other

markets? … bought and paid for!

One trade today for the PAMM in gold … PAMM UP FRACTIONALLY … not

interested in holding anything for anything but a scalp, and this trade lasted far

too long for my liking … of course, 5 minutes later it takes off to the upside, but

that’s water under the bridge and I don’t really care … hopefully metals can

correct from here, although I’m not looking for much … “Stock Bellies” look to

be the most vulnerable, as headwinds mount via rates and geopolitical events

… onto tomorrow!

… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas

MR. “81 MILLION VOTES” IS A LIAR

 

“I never did that! ... oh, but you did!!”

Will the MSM press corp try and bury this latest lie from “Fuhrer Biden”? It’s

there on “X” with your name and account from the White House all over it, and

suddenly like a photo with Stalin, you ain’t there any more … did you vote for

this complete Doofus? … this is the same guy who raised funds in NYC the

same day the city is mourning a dead Long Island cop who got killed in the line

of duty cuz of his insane policies, and then skips town without a mention of

anything … did you vote for this complete Doofus? … cuz if you did, good luck

getting rid of the blood on your hands no matter how hard you try and pretend,

just like all the other Libtards & Rinos, that it’s got nothing to do with you

… BULLSHIT! … and while you’re at it, remember the 13 American soldiers who

died when “Taliban Joe” got ‘em killed in the Afghanistan withdrawal clusterfark

due to his complete incompetence … “if an “R” were in office, he/she couldn’t

get away with 5% of the shit Biden skates on routinely … this latest blatant LIE

about his transgender blunder on Easter only the latest example … if this were

Trump in office, he’d already have been politically executed by the elite &

haughty MSM … what a morally sick country … here’s the link from ZH

yesterday with the details.

https://www.zerohedge.com/political/i-didnt-do-biden-reportedly-has-no-idea-he

-issued-trans-day-visibility-proclamation

Meanwhile over in gold, rising bond yields having no effect so far on price

… inexplicable really when you consider “Stock Bellies” and crypto getting

mauled … I can only guess that when you spend $1 TRILLION you don’t have

every 100 days, with no end in sight from feckless, gutless POLS in the Uniparty,

there’s literally no reason to stop buying, as gold starts it’s “Palladium” journey

upward into the stratosphere of “The Twilight Zone” … not the case in crypto,

where rising yields are seeing “Thelma & Louise” show up for a spanking lower,

so far and it’s early yet, ETH already down about $240 from its high set earlier

in the trading day, and BTC down about $4900.

Well now, FOMO straight up, followed by getting beat like a baby seal at a

Japanese whale hunt … then nothing as we move to the end of the day? … can’t

complain about the level of action in gold, but can certainly complain about the

ever present ChiComs versus the FED battle going on … a lot of traders getting

really hurt in this battle … risk is very hard to quantify in this environment,

analogous to Bitcoin [BTC], where bat your eyes and it’s against you like a

lightning bolt, far greater than you planned … now what?

There are a few things I have gotten wrong about gold in this trading

“Twilight Zone” environment since the start of the year … 1) historical norms for

gold have not held up well at all, and by far this bull market is setting new norms

of trading behavior not seen since briefly in the late 1970’s … if you’ve been

looking for this the last 50 or so years, it’s been a very long wait! … we are now

much more likely to see “V” shaped bottoms than ever before, especially off of

RM=3 and RM=4 levels when hit on panic sell offs … wait for the confirmation

turn on the m1, and make the trade, forcing the market to go lower still after

some congestion, which we’ve seen lately it can’t do … and that sets off an

avalanche of “buy fuel” short covering … 2) I have been loath to trade and make

long trades on algorithm signals as NY goes into its afternoon hours … rather, it

isn’t the longs that feel threatened with shortage of time, it’s the shorts … and

we’ve seen all too often good moves higher as shorts panic … this has been a

mistake on my part, cuz quite frankly these moves can and have been fast and

furious at times … and 3) LONG trades off of RM=3 AND/OR RM=4 ON THE

DOWNSIDE on the m15, have provided excellent entry points for long trades

when the m1 goes “white” … some really good scalps are available here

… I’ve missed these waiting for the m15 to turn white which takes some time

… no more … I’ll be much more aggressive going forward when it’s appropriate.

Two trades today, one a “false positive”, which was more my fault than the

algorithm … I simply waited too long off the 18:30 server time low on the m15

that hit the RM=3 level after a nice $20+ drop … live and learn in the

“Twilight Zone” gold paradigm we now find ourselves in … you snooze and you

lose … if I had long spaghetti noodles, I’d flog myself for being such a fucking

Dope, cuz the m1 turned white within a few minutes of that low … PAMM DOWN

A HAIR OVER 0.1% … going forward, look for bigger volumes and results worthy

of trading a crazy ass market … this up a little down a little is bullshit … and

while it’s also available over in crypto, relatively speaking the risk parameters

in gold, at least up to and including now, are better than either BTC or ETH … we

haven’t seen 10% - 15% moves in gold like we’ve seen in crypto, and there is

better demand dynamics now than ever before … if you’re looking for proof that

metals can move, just remember Palladium … from the start of 2016 when it was

around $500, before the pandemic COVID hoax bullshit hit in March 2020,

Palladium almost hit $3000 … over the last few years it’s been in about a $1,000

range, from high to low, and visited $3k 3 times … currently a little over $1,000

… now that’s some serious movement! … so, gold from about 1600 from the

start of November 2022, if it mirrors Palladium in its bull run, would put the gold

price up around $9,600 - $10,000 before it’s over, sometime in the future

… why not, what’s to stop it?

One other thing is the cell value levels of the RM support / resistance levels in

gold, both for the m1 and m15 … if need be, I’ll boost them to higher volatility

levels when appropriate … I’d say we’re pretty close but not quite there yet

… I’m watching it closely and I think we would need to see consistent daily

ranges over $40, and NY session ranges over $30+ … we’ll see … onto tomorrow,

can’t hardly wait! 

… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas

BANANA REPUBLIC EDITION: STARTING WWIII

 

“Secret spy bases in Ukraine? … gosh, see my shocked face!!”

Starting right after the coup almost exactly 10 years ago today in Ukraine,

fostered, bought & paid for by Preezy Empty Suit, and directed by the CIA,

here comes the New York Slime in its Sunday edition laying out the bombshell

news … the link directly below.

https://www.zerohedge.com/geopolitical/cia-built-12-secret-spy-bases-ukraine-

waged-shadow-war-last-decade-bombshell-nyt

Well now, this is a little embarrassing for the Uniparty War Hawks in the Banana

Republic who’ve never seen a war they didn’t like … EXIT QUESTION: “WHO’S

BEEN LYING FOR 10 YEARS ABOUT THIS SHIT, AND WHO’S BEEN TELLING THE

TRUTH?" … Obumba started the lies, the CIA hid it from Trump, and then

“Taliban Joe” picked up the slack and ran with it again … Putin was telling the

truth all along … but of course, as the state run Banana Republic MSM will

gladly tell you, Putin is an evil killer, liar par excellence, and murders political

opponents to name just a few … what’s that make Obumba & Biden then? … oh,

but I forgot, we’re the “good guys” somehow for trying to start WWIII … and

like the Sheeple Dopes wandering around looking at their smartphones all day,

you keep voting for the same mindless evildoers election after election, and

then somehow expecting a different result … that’s the classic definition of

a “Moron” … well, if the shoe fits, wear the fucking thing.

And if that’s not enough, here’s a “twist” the propaganda Fucktoids in the

Banana Republic will find interesting … the link below.

https://www.zerohedge.com/geopolitical/ukraines-top-spy-chief-says-navalny

-died-blood-clot-rejects-murder-narrative

Oh wait, he died of a blood clot, confirmed by Ukraine, and furthermore was

scheduled for a prisoner swap before he died … again, who’s lying and who’s

telling the truth? … “you can’t handle the truth!”

WTF got into ETH from the Sunday night open from Friday’s close? … up over

$150 while BTC remains flat … have seen no news that would cause this spike,

but hey … CRYPTO! … no news needed, just FOMO loving Asian session specs

who got tired of playing Pachinko at the local casino! 

News that BitForex has stopped withdrawals from their crypto exchange,

I thought, would have more of an impact on BTC & ETH price … it didn’t

… and away we go again with the NYSE money laundering open … nothing

like a mini melt up to stir the FOMO crowd, huh?

Markets [cough, bullshit, cough] are what they are of course, and there isn’t

much I can do when everyday shit blows up at the NYSE open and heads off to

the sky like a rocket ship … why should today be any different? … huge range in

ETH, but what good is it when there’s no corrective activity? … finally, after

about 2 hours of chop up near the high ETH profit takers show up and we’re able

to see some corrective activity for scalps that make sense … both ETH & BTC

hitting RM=4 extremes on the upside today on the m15, and some hits on the

m1 at RM = 1 & RM=2 … tomorrow I’m gonna highlight how you can use these

levels to either day trade or scalp effectively … multiple PAMM trades today in

ETH, and WE’RE UP SLIGHTLY … bought ETH at the RM=1 orange line at 3130

on the afternoon correction, and got filled at 3136 and change … nice fill fellas

… onto tomorrow!

… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas