SLEEP WALKING TOWARDS FINANCIAL ARMAGEDDON

 

“Take a close look at the U.S. financial system!!”

It’s a Ponzi scheme top to bottom, run by Thieves, Liars, Hypocrites, & Traitors

… I am of course talking about the U.S. Government, a criminal element that

never saw somebody else’s money and didn’t want to take it, or borrow it and

never pay it back … the ratings agencies that give this hapless Banana Republic a

AAA rating, only do so cuz they’re bribed to do it, and it doesn’t reflect the ability

of the borrower to take into account purchasing power … of course, any

government should be rated AAA cuz they got the CNTRL-P machine to print fiat

… and nobody but nobody prints toilet paper fiat better than Uncle Sam.

But the “house of cards” is showing signs of instability … who’s gonna buy

this worthless shit at ever greater quantities going forward? … it used to be

BILLIONS … now it’s TRILLIONS … WHEN DO WE GET TO QUADRILLIONS LIKE

JAPAN? 

It looks like the slot machines in the casino are broken today … I just shake my

head at how pathetic most of these so called “markets” are behaving … just

unreal tiny ranges and trading action across markets that is nothing more than

bank based scams off of tiny spec order flow … and as the day wears on, it just

gets patheticer and pathetic-er-er-er … meanwhile, Bitcoin getting slammed lower

on Binance news and their battle with Der Fuhrer’s SEC, one of the most corrupt

and worthless government Gestapo shake down outfits going … want to see

corruption on parade? … plenty to see at the SEC, CFTC, & NFA for starters

… why anybody would start a business in the U.S. is beyond me.

Almost Noon in Biden’s Gulag [a/k/a New York], and Cable showing a 25 - 30-ish

PIP range from the tips for the last 7+ hours and counting … it would move better

if it was closed … some movement in USDJPY, as it mirrors the schizophrenic

action in STIRS [short term interest rates], but still not up to par by any means

… “Stock Bellies” in their own world of make believe delusion and not doing

Mr. Jack “Diddly” Squat … this day a joke.

No trades for the PAMM today, whaddaya want me to do in Cable with a 20

something range over 8 hours? … over at IQCENT, I did some USDJPY trades off

algorithm buy signals … “The Syndicate” UP APPROXIMATELY 0.3% … the only

reason I trade USDJPY at IQCENT and not at Coinexx is simple … I’ll get ripped

off with mystery tick bid / offer fills and horrific slippage at Coinexx … I don’t get

that at IQCENT … although the range was decent, nothing to brag about that’s for

sure, trading USDJPY will offer plenty of above average spikes in your profit

direction … which of course you use to liquidate … come back rinse & repeat

… usually to some lesser degree it’s the same with Cable, but not today, as there

was virtually no interest in either Cable or EURUSD … onto tomorrow.

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

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

-vegas

SUNDAY UPDATE: CAN THERE EVER BE A “NORMAL” AGAIN?

 

“The “thought police” have you in their sights for extermination!!”

No, “normal” will never return to traditional financial trading markets … not a

snowball's chance in Hell … too much money, too much power, they’ll never

relinquish any of it unless forced to at the end of a gun barrel … the U.S. is so

financially corrupt, all that matters is the “skim” taken from markets by scumbag

banks to pay off POLS, Apparatchiks, regulators, and exchange lightweights

when necessary … so many people deeply invested in the Ponzi scheme of U.S.

finance, Hell is gonna need a new level to put them all into it … if everybody

“does it”, then it must be OK.

Fact is, there’s only one group of markets that are free from government

manipulation, and that’s crypto … sure, “whales” attempt to manipulate crypto

all the time, but in any market going back to the beginning of time itself has

always had this phenomena … nothing new here under the sun … and like

everything else that’s driven by technology & innovation, things change in

crypto often and nothing ever stays “static” … Bitcoin [BTC] of course is “KING”

… pseudo blockchain fiat with a definite limited supply, where nobody controls

the algorithm or has the ability to “cheat it” … in other words, no inflation! … and

in a world where EVERY SINGLE CENTRAL BANK CHEATS THEIR OWN

CURRENCY and debases its value, BTC stands alone to preserve its own integrity

as a “store of value” [SOV] … and like anything that’s free to trade up/down, it’s

value is subject to the whims of the collective marketplace, NOT some

Apparatchik’s wish pursuing an agenda … an agenda THAT ALWAYS sees the

globalist Elites gain, and the public loses.

You can love or hate BTC, what’s the difference? … does the market care?

… what’s between your two ears matters not! … what matters is that it’s a

tradeable market where you can make money … where overwhelmingly the

volume is spec driven, and banks are absent with their manipulations … and if

trading conditions are right, there is no reason not to trade it … the problem

with trading crypto has always been the “gas fees” [commissions] … these fees

are necessary, the industry tells us, to get the transactions on the blockchain

… depending on where you trade BTC, the fees vary widely … generally speaking,

currently the most common commissions are 0.06% of notional per side for

“market orders” [taker fee], and 0.01% for executed “limit orders” [maker fee]

… at current price for BTC, that equates to about $35 for 2 market orders [entry

& liquidation] … quite frankly, that sucks! 

Then along comes IQCENT, and they trade BTC with a 1 or 2 penny spread WITH

NO COMMISSIONS … and for a market that has a 20 Day Range MA of over $1,500

this week, there isn’t another market anywhere that can touch BTC for consistent

movement in price … not even close … any metric you want to name gets

destroyed when comparing that market to BTC at IQCENT … so, don’t sit there

and tell me you want to make money trading and then ignore BTC cuz you only

trade FX or some such bullshit … you’re either serious or not … if not, that’s OK,

just admit it to yourself and go do a crossword puzzle or something.

Gold for its part, caught between a world that demands more of it, and sell side

manipulator bullion banks acting on behalf of central banks who hate to see the

price go up … a gigantic tug-of-war … at times gold trades like a crypto pair, and

at other times it’s a nightmare of manipulation, especially periods of “chop”

… last week’s gold ranges never got close to its 20 Day Range MA, neither daily

or New York session … how long this lasts who knows? … but after strong price

gains, throughout golds history there is consolidation and pullback cuz the

bullion banks got to square their books first … it appears we’re in that period now

… it would be nice, though, to get at least some modicum of price movement that

justifies being in the market, cuz the risk is always there … always.

Directly below, this week’s 20 Day Range MA’s for selected markets.

click on table to enlarge

Onto the upcoming week … OUTTA HERE … “The future’s so bright I need 2 pairs

of sunglasses 😎😎, and my own Brinks armored truck” 💓!!

… Onward & Upward!!

-vegas

 

THE PONZI SCHEME LIVES

 

“ When Libtard / RINO POLS & central bank Apparatchiks “fix” something!!”

The magic elixir! … of course I’m referring to the CNTRL-P money printing

machine that “fixes” everything FUBAR that results from Apparatchiks not

knowing their asses from their elbows … the FEDS Lounge Lizards being a

perfect example … who cares if it stokes inflation and debases the currency?

… and you wonder why the U.S. Dollar continues to lose purchasing power every

week / month / year?

And so, the Ponzi scheme of endless government money printing continues

unabated, no bank failure to big for them to swallow and print more … until

hundreds go under, which is coming … then what? … watch and remember you

heard it here first, when the global Elitists nationalize U.S. banking and there’s

only 3 - 5 banks left standing, all “puppets” of the FED, reporting to “Big

Brother”, doing everything to get you to give up cash in any form, disavow

crypto like Bitcoin, and institute “social credit scores” … the friendlier you are

towards Libtard socialism and big government, the more the bank can do for

you … it’s coming, do you care?

Gold starts the New York session with an already $31 range to the downside

… this day looks over before it begins, but we’ll see … who needs gold when

everything is “solved” … bank crisis? … what bank crisis? … notice how every

day now is unique in that it’s either 1) “everything is fine now” for markets so

“risk on”, or 2) CRISIS! … “risk off”!, the world is coming to an end … bull

market one day, bear market the next, and if they can’t gin up some bullshit it’s

dead … and it leads to “buy high, sell low” with the entire trading world chasing

shit up/down before FOMO sets in followed by panic … all by design.

And speaking of up/down bullshit, here just before the London fix, how about a

nice tiny [for gold] $10 range or so inside a “Flying Wedge of Death” [FWD]

yo-yo from Hell? … chase it up, chase it down, watch it turn in horror … FOMO

up, panic down … looking at the m1’s, there are more “v” patterns [regular &

inverted] than grains of sand on a frickin’ beach … panic loves company!, too bad

it’s not really going anywhere … FX simply dead meat with little going on outside

of USDJPY, which is tracking inverse to gold … no surprise here … “Stock

Bellies” all giddy cuz the world didn’t end, and maybe QE Infinity is right around

the corner [again for the millionth time], and the bubbles can commence once

again … who doesn’t like a bubble?

Just another case of “Monday bullshit”, and now that we’re into the New York

afternoon, everything can drift and chop … again, like most days, “Asia flies, the

rest of the world dies” … cue the broken record … “what?, I got to move to

frickin’ Thailand to see some decent trading action, in ANYTHING?” … apparently

so, cuz we ain’t seein’ it in the New York session today, not even close … YEN

garbage, gold garbage, but crypto moved OK … spreads, though, at COINEXX in

crypto stink … about equal to and maybe a touch higher than PHEMEX, which

ain’t good any longer IMHO … FX a joke, with EURUSD leading the horses in the

glue factory with a whopping 50 PIP range.

Over at “IQCENT”, spreads excellent in USDJPY, BTCUSD, & ETHUSD … YEN

about the same as Coinexx, but the real winner is in BTC & ETH, where spreads

all day long have been under 10 cents, and there’s no commission … gold about

5 - 7 cents higher than Coinexx, and Brent Crude Oil about 1 penny per barrel

higher … and while gold enjoys a 300 : 1 leverage for margin purposes, USDJPY

is 500 : 1 and crypto pairs are at 10 : 1 … for USDJPY, it means being able to trade

a standard 1 lot [100,000 notional] with margin of about $340 … of course, nobody

should trade at this high level, but it does offer a lot of flexibility … Miss Gimpy,

for her efforts, is concentrating on both ETH & BTC, and if it’s moving USDJPY

… today didn’t see much action in USDJPY once Europe opened and a couple of

hours elapsed … try 30 PIPS or so over 8+ hours, which stinks … as I said, the

clear winner is crypto, cuz with a range of about $1,700 in BTC, and a range of

about $101 in ETH, AND A bid / offer spread in the PENNIES WITH NO

COMMISSION, i mean what's not to like here? … LOWEST COST I’VE EVER SEEN

FOR CRYPTO along with excellent ranges … quite frankly, I don’t give a shit if I’m

trading soiled underwear CFD’s, it’s only ever numbers on a screen and how they

move … if conditions are “right”, I’m there, count me in! … the only caveat is the

low leverage levels relative to the rest of the trading markets … 10:1 is on the

“skimpy” side, but it’s something you have to deal with, cuz even at places that

give you 100 : 1 in crypto for leverage, they utilize very close automatic stop out

levels which are too close IMHO to where your position is at … it doesn’t take

much to get stopped out of BTC using 100:1 leverage, maybe $100 - $125 … and

BTC can do that with its eyes closed!

9+ hours of absolute bullshit in gold today … about $13 from the tips, and that’s

almost 50% under its New York 20 Day Range MA … truly pathetic … and that’s

from the tips … most of the days trade comes in at about ± $3 from the middle

median price, on pretty much spikes from Hell with ZERO follow through … a day

where bullion banks pop champagne corks and specs cry in beer … “Trading

Ratios” [TR] stinking the joint up as well, with gold hugging 2, and USDJPY right

around 1.7 … when we want to see 3 - 4+, what the Hell does anybody do with

these values? … EASY PEEZEE: “sit!” … don’t want to, but I’m not into giving

money to scumbag LP’s … no trades today in the PAMM, simply cuz there’s

nothing to do … in gold, day was over before it began, and in USDJPY, it just

never moved much with a sickening TR … oh well, onto tomorrow. 

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

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

-vegas

BIGGEST BUBBLE EVAH MEETS THE CLOWN SHOW

 

“This guy knows more than the “Lounge Lizards” at the FED!”

Markets today in a state of pure paralysis, awaiting the faculty lounge Lizards

over at the FED to take center stage tomorrow via the FOMC at 2 PM EST … until

then, go lie down and take a nap … today’s ranges in everything truly pathetic

… nothing anywhere but trouble … and it never ceases to amaze me the level of

complacency most people have towards an institution that’s done nothing but

screw the middle class since 1913 … but never mind, “Stonks”!

The clown show starts tomorrow at 2 PM EST, followed by a presser I’m sure

Spicoli will FUBAR … until then, expect crickets … here in the New York P.M., the

“Tulip Bulb 30” has a 170 index point range, with the infamous “Flying Wedge of

Death” [FWD] in full play.

When does the world wake up to the FED’s Ponzi scheme to debase the dollar to

ZERO? … they’re doing a bang up job for the global elitists ,,, “oh but wait, I

forgot … you get a “free” Stimmy check for 1400 cow chips! … enjoy and spend

before they’re worth less than toilet paper”!

No trading today in anything … what a worthless day, waiting on the assclowns,

but it is what it is … outta here … “the future’s so bright I need sunglasses”!  😎

… Onward & Upward!!

UPDATE @ 2 PM EST: Quite frankly, I don’t know what the “news” is or if it’s just

massive buy stops … in the crypto space, ADAUSDT just exploded higher from

the $1.08 level in listless trading, to right at the $1.27 level within minutes … as a

result on a slight pullback right into an algorithm buy signal and subsequent very

fast rally, “The Syndicate” is UP SLIGHTLY MORE THAN 1.13% … you just never

know with crypto when it’s gonna go bananas! … OK at least the day wasn’t a

waste then! … we now resume normal programming.

-vegas