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Showing posts with label palladium. Show all posts
Showing posts with label palladium. Show all posts

Tuesday, April 2, 2024

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



Thursday, February 28, 2019

WHAT HAPPENS WHEN THE WORLD WAKES UP?

“Me yea … the world not so much!”   

I posted in yesterday’s blog an article by Eric Sprott, and in it he touches on 
the Ponzi scheme pricing used by the scumbag bullion dealer banks, as they 
scam the world daily with precious metals price suppression … some day, this 
bullshit ends, and hopefully sooner rather than later, but it begs the question 
of, “what happens to gold’s price when the world wakes up to the lies of Pols & 
Apparatchiks, crashing stock prices & real estate bubbles, and central banks 
flooding the world with money, literally throwing it out the windows from 
helicopters”?

Cuz from where I’m sittin’, it looks to me like the train is about ready to leave 
the station … that the Palladium train left long ago is certain, price almost 
doubling since August … as Sprott points out in his article, “Comex paper”  
versus actual physical metal for delivery is about 3:1 for silver, about 5:1 for 
gold, and OVER 60:1 for palladium … and once investment demand picks 
up, look the hell out on the upside … cuz we are entering a new era of “math”,  
one where multiple trillion dollar deficits as far as the eye can see, right along 
with dingbat socialist policy proposals gaining support, equals price explosion 
dead ahead … maybe I’m wrong, but I don’t think so … “you can’t cheat the 
math Skippy”!

But, and this is a very BIG “but”, it isn’t gonna do you any good to prepare,
trade, and maybe invest in precious metals, if you’re doing it from the U.S. 
… “as I’ve said before, the U.S. is ONE national election away from O.V.E.R. 
… you see how after a single frickin’ month, the “D’s” in the House are 
attempting a socialist takeover of the U.S.? … from gun confiscation to the 
idiotic “Green New Deal” [it’s for the children don’tchaknow?], it’s time to wake 
the fuck up and smell the coffee … cuz when it’s too late, there will be capital 
controls, pension robbing, sky high taxes including “wealth” taxes, gold 
confiscation, and who knows what the hell else they can dream up to pay for 
their socialist utopia”! This is the bad news.

The good news is, we’ve got some solutions, and starting tomorrow I’ll 
highlight some of these … over the coming weeks and months, there’s gonna 
be some profound changes here, and tomorrow starts with the first step … I 
said it yesterday and it bears repeating, “it’s better to be 10 years too early, 
than one day too late” … don’’t believe me? … go ask people in Venezuela how 
they feel? … or how about Turkey? … or even China and/or India, where 
capital controls exist? … cuz the truth is, there is ZERO downside in having 
money and/or wealth outside of either the U.S., Canada, Europe, U.K., 
Australia, or any other shithole country desperately trying to keep your wealth 
within their reach, should someday they feel the need to confiscate it”.

We come out of Asia & Europe with a $10 range almost straight up in price 
… “and now, the magic that is New York, where the scumbag bullion dealer 
banks will find a way to make life uncomfortable for any long/short from 
overnight, and where you’ll end up wondering what universe you just walked 
into cuz it has nothing to do with what happened overnight … in a sane world 
not filled with corruption, bribery, & graft, there’s no way you’d let New York 
have anything to do with price … especially not these scumbag banks”.

And with a $10 range overnight, what’s left for the day except chop and 
bullshit? … it’s early yet, and anything can happen, and I hope it does, but I 
know from experience what New York brings to the table when range coming 
in is $10+ … and that’s trouble for traders … a big basket of shit, courtesy of 
the usual suspects … why should today be any different? “And, looking at the 
early action lower, I continue to wonder why people buy in Asia & Europe, 
instead of waiting for New York, where the crunch down in price is almost a 
given … are you listening Mrs. Wantanabe”?! And here we sit $6 lower and in 
no man’s land.

“Well, that escalated quickly didn’t it”? … let’s face it, the “fix” was in right 
from the get go … first up, you get Asia & Europe suckered back into the 
market by ripping a $10 rally off yesterday’s low, then secondly you bury 
gold with a “Thelma & Louise” waterfall precipitated by a slightly higher 
GDP number from the Department of Unicorns & Fairy Tales, which quite 
frankly has never seen numbers they can’t manipulate into some kind of 
growth pattern … the fact anybody takes these clowns and their “magical 
fairy dust” numbers seriously, continues to amaze me.

And again, roll the rock up the hill and then let ‘er go … more than likely we 
got some more of this in store for gold in the coming weeks … question is can 
they take out 1300, and if so by how much, and then how quickly does it take 
gold to mount another challenge higher? … we’ll know by Easter I’m sure.

Like yesterday, the trading action off the decline this morning leaves a lot to 
be desired … generally sick and lackluster, and very little if any short 
covering providing “buy fuel” for an advance … we’ll see what Asia & Europe 
do overnight, but today’s sharp move lower should give them pause to go on 
another “throw caution to the wind” buying program. “When are they ever 
gonna learn, that whatever they do overnight, New York almost always 
UNDOES it the following morning … as far as gold is concerned, New York is 
kryptonite, and does nobody any favors when it comes to pricing … you’d think 
they would have figured this out by now, but apparently not … OR, it’s the 
ChiComs doing the “ChiCom Hustle”, and they simply don’t care”.

We don’t usually see gold put in price reversals of greater than $10+ 
… today a rarity, happening only about 2% - 3% of all trading days 
… scumbag bullion dealers simply not willing to take their jackboots off the 
market looking for lower price … what we need to see is steady to lower in 
Asia & Europe, then a quiet rally in New York followed by a price explosion 
to the upside, and of course this is exactly the opposite of what we got today.

No trades today, simply cuz there were no buy signals coming in the New 
York session … if it ain’t there, you don’t do anything, simple as that. Onto 
tomorrow … I’m outta here … until then mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND
OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 
SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 
RIGHT HAND COLUMN. START YOUR JOURNEY FROM 
WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!














 

Wednesday, February 27, 2019

WILL THE CURRENT PARADIGM EVER CHANGE?

“It’s all about manipulating behavior … always has been!”   

Trading is all about manipulative behavior … in today’s central bank 
paradigm of markets, especially the precious metals, the main point is simple 
… “get you to think you’re acting rationally and responsibly via your 
positioning, based on assumed correct knowledge about a market, so you think 
your profit opportunity is high, where in the reality of the situation you’re 
nothing more than a lab rat responding to a stimulus provided by a scumbag 
bank LP, who is about to pick your pocket clean and leave you poorer for the 
experience”. Simply put, it’s big money forcing small money to do what big 
money wants them to do, cuz they’ve convinced you it’s the right thing to do.

Markets today, are nothing more than a series of independent manipulations 
brought on by central bank manipulators, facilitated and delivered by Pols & 
Apparatchiks at all levels of power, who yank markets up/down for policy 
purposes … nothing else matters … whether it’s a Trump tweet, or a FED Pie 
Hole spewing bullshit, it’s all designed for the HFT’s & the banks to “skim” 
markets for whatever they can steal … all with the help, of course, of 
exchanges, regulators, and the other assortment of scumbags who get bags of 
cash for looking the other way and pretending it’s a free market … which is 
all bullshit, cuz all you have to do is look at the court cases over the last 5 - 10 
years, along with the rise of the HFT’s and what is admitted, and there’s no 
way you walk way from that, if your brain is functioning, with any sense that 
markets are either “free” or “fair”, or operate in a non manipulative manner.

So what, if anything can change it? … “dunno, but some banks going under in 
a global depression, or a collapse of a large bullion dealer bank, might be a 
start … outside of that, what incentive do these scumbags have to change 
anything? … maybe what’s needed is a complete revolution with blood in the 
streets and bankers hanging from lamp posts, but even then they’ll probably 
hang on and convince people that even though they ARE the problem, they’re 
the only ones who can solve the problem … in short, I don’t think it’s gonna 
change anytime soon”.

 An interesting article I came across yesterday addressing this very point, of 
the scam derivative pricing schemes employed by the scumbag bullion dealer 
banks, and how the “game” could possibly end via a collapse by the banks in 
the Palladium market, is from Eric Sprott, and the link is directly below.


Looking at gold early this morning, and you’re left wondering if you’re in a 
bad dream … this is simply embarrassing for anything that calls itself a 
market … can’t go up, can’t go down, won’t move as it’s literally a straight 
line across the screen … just another day where the NY scumbag bullion 
dealers get to shove price around to wherever they want it for their MAX 
profit … this isn’t looking good as the day starts, sitting here with a $4 range 
after 15+ hours.

And to prove my point, in 4 minutes 75% of the day’s range is covered on 
some more bullshit bullion dealer “scumbaggery”, as lemmings fall for the  
“it just has to rally” trap set inside of a small range … “feel manipulated yet? 
… well, not to worry, cuz as we now head towards the low of the day, in 15 
minutes from that top, they’re gonna present you with another “MoMo” 
decision, which is do you sell the break cuz the MT4 indicators will now turn 
negative? … and the Gerbils keep running on the wheel”!

And lo & behold, a new low for the day in gold [now a $6 range!!], that sets 
off sell stops so the bullion dealers can buy it, and it’s right back up … “gosh, 
who could have ever predicted this”? … and the “Comex Con Game” continues.

About an hour from the afternoon in New York, and with a pathetic $7 & 
change range, you got to wonder exactly what it’s gonna take to get metals 
moving … seriously, this shit is for the birds when it comes to trading action 
… these effing banks have got to go, and if the revolution started tomorrow 
to hang these asshats, I’d be down at Home Depot buying more rope!

“Well, that escalated quickly didn’t it” … nothing like long position specs 
puking to commercials who sold it to them higher … again, nothing new here.

One algorithm buy signal today … PAMM up 0.1%.

Buy signal came off the bottom [so far], and on a spike higher I liquidated
… action today off the lows, while adequate for a trade, wasn’t something I 
felt like would have legs to it … and that being the case, if you want the best 
liquidation sell price without getting bent over the back barnyard fence by 
the scumbag bullion dealers and having it stuck to you, you absolutely must 
sell on the spike up … otherwise, close your eyes when you hit the liquidate 
button and get ready to yell some.

We’re now into the New York afternoon, and there doesn’t appear to be much 
buying interest off the lows … I still get the feeling that this correction move 
lower isn’t done yet … maybe today’s low isn’t in yet, dunno and don’t care 
… point is it’s not acting right off the bottom to be a bottom, cuz it needs 
more power than what it’s showing … don’t know if 1300 is gonna be under 
assault yet in the days to come, but I’d get worried if the market got under 
1308 and stayed there … from strictly a technical picture, gold could use a few 
weeks on the downside before another attempt at 1350 … and as I have told 
readers before, getting through 1350 - 1360 is gonna be a B. I. Itch … don’t 
expect scumbag bullion dealers to throw the towel in just yet, as I would 
expect them to defend this resistance with everything they got … cuz if we get 
through that resistance area on any kind of buying strength, look the hell out 
on the upside, cuz it’s gonna be ugly!

Today’s action sees another range above $10 … while better than nothing, we 
still need to see higher expanded ranges … $15+ would be ideal, and if we get 
through $1350 - $1360, more than likely we get that … until then who knows, 
but at least what we’re seeing now is a start to better conditions … let’s hope 
it continues. And with that, I’m outta here … until tomorrow mi amigos 
… Onward & Upward!!

Have a great day everybody!

-vegas
  
OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND
OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 
SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 
RIGHT HAND COLUMN. START YOUR JOURNEY FROM 
WHERE YOU ARE AT TO “ESCAPE TO SUCCESS”!