THE WEAPONIZATION OF FINANCE

 

“MANIPULATE ALL THE BUBBLES HIGHER … THEN TAX OR CONFISCATE!!”

PPI today … what surprises are in store for manipulated hungry markets?

… we’re about to find out! … “well, that escalated quickly didn’t it?” … CPI

“HOT”, PPI not so much … and the “Spoos” breath a sigh of relief … 10 YR.

Treasury down a tad in yield … the end game here is simple … blow up all the

bubbles to unheard of heights … pull the plug and confiscate … anything else

ends in a deflationary collapse of the government and default of the debt … and

the rate the Uniparty in “The Swamp” is going, we’ll get there a Helluva lot

sooner than you think … that’s why you hold your crypto in a DEFI wallet, and

why you hold your precious metals OUTSIDE THE BANANA REPUBLIC

… BullionStar in Singapore is my primary recommendation, and you can

buy/sell in crypto.

ECB met today … nobody cared … gold & silver treading water a little higher

post PPI, the “Spoos” hitting off buy stops on the upside, cuz you just gotta

believe, and crypto marking time to the Bitcoin “halving” in 3 days on the 14th

of April … at least so far, I sense a little disappointment hanging over markets

that the PPI number didn’t create the bat shit crazy [BSC] response the CPI did

… oh well, deal with it … and why did the PPI miss lower? … why “seasonally

adjusted” gas prices! … you know, the one commodity that is roaring higher

… let’s just “seasonally adjust” them to take the sting out of ‘em, cuz dumb

asses in the public will never know …WE’RE PROPAGANDISTS, WE CAN DO

WHATEVER THE FUCK WE WANT!!” … all the details from ZH in the link below.

https://www.zerohedge.com/markets/literally-gas-lighting-hilarious-reason-

todays-ppi-miss-seasonally-adjusted-gas-prices

“Seasonally adjusted” gas prices dropped 3.6% in March, even though gas prices

INCREASED BY 6.3% … “AH YES, THE WONDERS OF MATH IN THE HANDS OF

WHIZ KIDS IN GOVERNMENT!” … what a bunch of bullshit … it’s like I said

yesterday … “RIGGED”, and always has been … if real numbers were used, PPI

would have blown away upside expectations and the “Spoos” for one wouldn’t

be where they’re at now, that’s for sure … but hey, bubbles must be protected,

and rates “massaged” so the Banana Republic can borrow a TRILLION dollars

every 100 days … and if you can’t see how FUBAR all of this is, you’re fucking

delusional AND blind! … and maybe, just maybe, the “Chump Monkeys” sitting

on institutional trading desks at JPM and others, have figured out the whiz kid

“CON”, as the “Spoos” have lost all of the gains post PPI headlines [about 40

index points UP give or take a few, and now down about 30 index points and

counting] … rates also backing back up to 4.58% from 4.52%, the so far high of

the day area … in other words, “Pump & Dump” in all its glory! … the lesson

here is simple … NEVER EVER BASE TRADES ON NEWS, but instead on the

algorithm which will never ever fail you! … that doesn’t mean you’ll never lose,

it simply means losses will be smallish in nature and not hurt you on “false

positives” … if the news is TRUE for short term “FOMO & MOMO” direction, the

algorithm will show it and confirm and then you’re good to go on the trade!

Into the NY afternoon, and nothing is happening in anything … ranges tight, and I

dunno if it’s markets are tired or simply confused, or a combo of both … didn’t

expect this outcome with PPI today … rates pushing up towards 5%, and what

happens if the next Lounge Lizard action is a tightening? … and they gotta

borrow MOAR!, to keep this economic corpse afloat? … at what level on the

10 YR. do rates matter anymore? … 5%, 6%, 8%+? … remember the late 1970’s

with a 21% Fed Funds rate for a top? … at what level does anybody loan money

to a deadbeat? … Is it worth it to get your purchasing power destroyed? … you

may be well asking yourself these questions in the days / weeks / months ahead!

These are the kind of trading days nobody wants to see … some action early cuz

of the PPI, but then after screwing specs the trade slows to a trickle and most of

the rest of the day is a nightmare … gold particularly vulnerable cuz of its high

spread and slippage, where I’m not interested in being in any position for hours

on end just to make a couple of bucks per OZ. … which brings me to the “Spoos”,

where if you can wrap your head around the following concept you’ll make

yourself rich … “Spoos” have nothing to do with reality … they are a figment of

MANIPULATION BY THE FED, AS WELL AS CORPORATE AMERICA VIA

BUYBACKS … turn your brain off and ignore reality, and concentrate on the

algorithm and you’ll make more money than you can dream … 88% of the time

the “Spoos” go higher, so why fuck around with being short? … concentrate

instead on econ stats as presented at face value and what the Lounge Lizards

say, and you’ll end up in the poor house … the “Spoos” are unique to this

concept, and you sure as Hell won’t find it in crypto or precious metals … 6%

of the time the “Spoos” go sideways, which won’t hurt you, and 6% of the time

they get monkey hammered … avoid getting whacked during this time, and

you’ll need a large tanker to carry away all of the money … spread at Coinexx

today very good at 0.2 - 0.4 index points … compared to gold it’s like night and

day, so when gold ain’t moving like it should, why get tangled up inside the

spread along with all of the bullshit gold brings to the table via slippage?

… crypto at the moment, especially ETH, is in consolidation mode and ain’t

doing shit … and quite frankly the spread there is disappointing cuz you never

know what to expect between 6 cents - $2+ for a spread, right along with

slippage that has become a problem … if gold can correct and show some

downside action, which up to now it hasn’t done, I’ll trade it … but overall,

even when trading conditions look slim by comparison, the “Spoos” are a

better scalp and/or day trade … look for more “Spoos” trading by the PAMM

as we move forward.

With 2 hours to go to the close, about an 80 index point range today in the NY

session, with several RM=3 hits on the upside on the m15 chart, and quite a few

RM=1 hits on the upside on the m1 chart … for the m1 as currently constructed,

about 95%+ of all m1 minutes will be contained by RM=1, and 99.7% will be

contained by RM=2 … it is very rare to see RM=3 and/or RM=4 on the m1 unless

there is news, or it’s a gap open from the previous day or weekend … quite

frankly, even though I would never trade micro “Spoos” futures inside the

Banana Republic at the corrupt CME, they do trade over 1 million contracts a day,

where a 1 lot is 5* the index … the interesting thing is, volume is consistently

about 5X open interest [OI], which tells you in spades it’s a scalping / day trading

contract … better than gold and better than crude oil … I agree, but I’ll stick with

offshore CFDs rather than futures for obvious reasons, not the least of which is

government.

I don’t mind riding a winning position in the “Spoos”, if the opportunity presents

itself … I got a big problem with riding anything in gold other than a scalp, cuz

when it changes, it does so “el quicko mucho” and the slippage is horrendous

… not to say the “Spoos” don’t have their moments, cuz they do, but they are

much fewer and far between than anything gold presents … onto tomorrow and

the “Spoos”, and maybe some gold if it can get its ass in gear and trade instead

of crawling pennies with a very fat spread!

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

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

-vegas

WHAT DO CRYPTO LP’S & “WHALES” KNOW THAT YOU DON’T?

 

“Look familiar!!?”

Well for starters, they know that collectively specs are a bunch of “stiffs”, who

are always under capitalized, over leveraged, FOMO & MOMO at the drop of a

hat, and that no matter what they say, they got the discipline & patience of a

group of wild rabbits in heat … and nowhere is this more pronounced than in

crypto, where specs make up about 99% of the trading worldwide with very

little institutional trading … “arbs” make the markets, and it’s this back & forth

among platforms [dozens of ‘em] that makes crypto a rather obvious choice

for price movement and volatility over anything the virus scum on Wall Street

make up to separate you from your money.

And I’m not talking millions here, let’s up the ante to hundreds of millions of

people who have access to crypto, with hundreds of very interesting alt-coins

leading the pack … 150 years ago it was the railroad “Stonks” … 100 years ago

it was the large industrial companies led by steel & autos … 50 years ago it was

the “Nifty 50” tech revolution that hasn’t stopped, along with the revolution in

commodity trading that saw rapid “financialization” of the industry from

grains, livestock, and world commodities … none of ‘em got anything

over crypto! 

The “whales” know they can “pump & dump” specs at the drop of a hat, cuz they

understand the psychology of trading when “fear & greed” are about the only

drivers of price … and when you get millions of people with the same idea, driven

whether they like it or not to buy/sell, it’s like the 500lb. fat guy going off the high

dive into the pool with a cannonball … to say a little water gets moved is an

understatement! … and so, you got to understand the dynamics of how crypto

trades, and not be among the “Guppies” all swimming long at once … cuz when

it ends, it ends “el quicko mucho” and price moves viciously

… don’t be a “Guppy”!

Turning to today’s slots action, this might be one of the worst trading days I’ve

ever seen for gold and crude oil … what a complete bag of shit … ughhhhhh, this

is ugly chop … no trades for the PAMM today … what is it I’m supposed to do with

garbage that won’t move and won’t trade? … and it ain’t by accident it’s like this

either … not much better in crypto, although better movement in XRPUSDT than

anything you’ll find on the MT4 filed under “trade here for market manipulation”

… no trades at IQCENT today either … onto tomorrow.

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

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

-vegas

BEHOLDEN TO CORRUPTOCRATS

 

“They never rest!!”

It’s “hurry up & wait” day, as the financial world prepares for tomorrow’s most

important jobs number EVAHHHHHHHH!, [until the next one of course, natch]

… tonight sees the BOJ with an interest rate policy decision [read “yield curve

control (YCC)], and inflation numbers, so the Asian session tonight may hold

some fireworks for GBPJPY … as for the “U.S. of China”, it should be clear by

now to anyone with a functioning brain cell still left, that 1) U.S. POLS are as

corrupt as anything the Norks, Chicoms, & Ruskies have in their arsenal, and

for my money lead the list of the worst … how many examples do you need?, and

2) the Lounge Lizards at the FED have no clue WTF they’re doing and “winging it”

… and if the numbers tomorrow morning are “hot”, you have to wonder when

“Stock Bellies” finally “get the message & smell the coffee” and start selling in

earnest.

Given where rates are at now, how the Hell does that translate into “taming”

inflation … let’s see, 10 YR. yield ~ 4%, and real inflation, not the made up bullshit

fed to the masses by the Department of Unicorns & Fairy Tales, a robust 10%+,

and getting worse … and “Stonks” and ‘Stock Bellies” blissfully ignoring it cuz

maybe the FED will pause or pivot … in what universe does this make any sense?

… but factor in corporate buybacks [the biggest financial scam in history next to

government “for the people”], the “Plunge Protection Team” [PPT] [government

buying stocks, what could possibly go wrong here?], and the publics appetite for

tech stocks as their proxy for financial salvation into the future, and it’s a rough

go to the downside in earnest … meanwhile, other central banks doing their best

to make the “Three Stooges” look brilliant … FX strong one day, and the next day

it stinks … go figure.

I don’t even know how you can accurately come up with any reasonable

explanation to describe the shit that went on today … bank troubles, JPM catching

heat for Epstein ties, “risk” suddenly found itself … unemployment numbers now

important? … you can’t make this shit up and have anybody believe you … then

there’s the “Pump & Dump” of “Stock Bellies”, where the entire space lives &

operates in fantasyland … melt-up, panic lower, rinse and repeat each and every

day, leaving nothing but wreckage along the way … throw in scumbag LP’s and

the way they fill orders, and generate slippage for themselves is disgusting, as

well as the banks and large funds running stops, and then fading the action

… quite frankly, they should all be in jail.

Then there’s FX, the largest criminal casino arena, where the daily Chicom

“Pumps & Dumps” in the Asian session set the tone for “risk on / risk off”

[RORO], and the orders go out across the globe so the money launderers can be

ready for the NYSE open, where Chipmunks everywhere feed and park money

… specifically, YEN moves are highly suspicious IMHO, and do so only to benefit

Japan’s banks, life insurance companies, importers and exporters … and with

anybody who’s anybody getting part of the “FX skim”, who’s gonna complain?

… then there’s days like today, where anything the day before NFP numbers is a

total joke … up / down / screw stops / front run big orders … Dear banks: “am I

close or am I close to the truth here?”

Quite frankly, I don’t know which arena pisses me off more or disgusts me to no

end … it’s a real toss up … today sees GBPJPY and the rest of the crosses

trading in tight ranges [although GBPAUD & GBPCAD have decent ranges],

which you’d kinda expect, but hope there’s some follow through somewhere for

some gains without the usual “walk up/down the hill” slow crawl bullshit we have

to withstand too often … nope, we get the worst of all worlds today … what a

bucket of shit … yes, the trading algorithm performed well, but the market didn’t

give us enough of any kind of action worth taking … GBPJPY with barely a 100

PIP range for the day, and basically most of the day following the “Stock Bellies”

up/down paranoia, which of course is insane but done anyway.

I mentioned the other day the other crosses with excellent trading conditions

… one of ‘em was GBPCAD, which I wrote about years ago as one of my favorite

crosses … quite frankly, it’s 2 biggest assets are 1) it moves well, and 2) it ain’t

the YEN, meaning the bullshit RORO we’re fed every day by the financial MSM,

which can be anything, can be ignored to a great extent … CAD is a commodity

currency, but it doesn’t have an insane central bank like Japan, so general moves

in commodity prices will affect it … but it moves, and what else do we want?

… well, only that it moves better or smoother than YEN, which can/is be a

nightmare … starting with tomorrow’s trade, I’m gonna switch over to GBPCAD

… lately, I just don’t like the pattern of trading action in either GBPJPY or

USDJPY … IMHO we’ll do better in GBPCAD, and if by chance this pair

disappoints, I’ll move over to GBPAUD … no trades today in anything … onto

tomorrow and the NFP Idiocy.

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

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

-vegas