SUNDAY UPDATE: WHERE’S THE COVERAGE?

 

click to enlarge & read caption underneath

“Where’s the coverage of this in the U.S.!?”

The pic above is from a foreign website reporting on the riots in France this 

weekend, which not incidentally have been going on for 11 straight weeks 

… “is this the beautiful Paris they want you to think exists? … why no coverage 

from any U.S. MSM? … why no CNBC or Bloomberg coverage? … this guy hits 

the nail on the head, as he rightly knows that the Elitist scumbag LP banks, both 

in France, Europe, Asia, & the U.S., are directly responsible for a much lower 

standard of living across the world of the “middle class” … the looting of the 

world by banks, where the “booty” is dished out to Pols, Apparatchiks, 

Regulators, Exchanges [all of them], and Brokerage House Execs … the riots in 

France have gone way beyond fuel taxes to fight “climate change”, the biggest 

scam in the history of the world, and now encompass ridding the world of elitist 

parasites who feed off the middle class”.

And nothing … NOTHING! … feeds off the public at large bigger than the 

TBTF [Too Big To Fail] & TBTJ [Too Big To Jail] scumbag Banks, who are 

nothing more than societal parasites. And where there’s one parasite, there’s 

bound to be other parasites hanging around as well … did you ever see just 

one cockroach in a kitchen? … “well, where’s the biggest pool of money in the 

world sloshing around every day? … what trades in excess of $7 TRILLION 

Dollars per day? … where can you go to easily “skim” money off the top, and 

pay off everybody who matters so the “game” can continue unabated? 

… besides traders, who the public at large gives “zero fucks” about, who’s 

gonna stop the stealing and scamming in financial markets”?

Certainly not the exchanges, who are more corrupt than the Mafia ever 

thought about being … “if only Vito Corleone had known in his day 

… somewhere he’s crying … somebody go ask a former REFCO or MF Global 

customer how the various exchanges protected them from fraud, and get back 

to me with the startling news … see my shocked face being shocked … on how 

they got fucked … or, go ask the kid living in his parents basement, and now 

awaits trial, for “spoofing” the emini SP500 futures contract … seriously? 

… meanwhile Virtu, Citadel, and other high powered hedge fund HFT’s who 

spread millions around, like change in your pocket, buy access to CME servers 

for quicker trade times, above and beyond what you can have, can spoof the 

market with impunity, and that’s OK? … but the kid awaiting trial, his crime is 

simply he didn’t pay the right people … or, how about “market makers” or 

“liquidity providers” in general, no matter on which electronic exchanges or in 

the offshore spot market, who every second of every day are fucking somebody 

with a shit fill and pocketing the true difference … where does that money go? 

… to ask the question is to answer it”!

Certainly not the regulators, who haven’t prevented a single fraud in their 

entire existence, who sit around all day and watch midget porn on office 

computers, and are worse than useless … certainly not the Pols or their 

alphabet soup government agency Apparatchiks, who get wined and dined by 

the exchanges & banks HBA FUNDS … yes, that would be the Hookers, Blow, 

& Alcohol money funneled to them through various political PACS, set up by 

weasel lawyers with the intent to evade illegal & immoral activity … if you 

don’t pay up, you find yourself suddenly in the spotlight, where it can get ugly 

quickly … go ask Bear Stearns & Lehman Bros. how 2008 turned out.

All of it connected by money … money scammed from markets, markets we 

all trade. And their isn’t a single one of us who doesn’t, at some point, 

contribute involuntarily to this “trader tax” imposed upon us by the Elites, 

who protect themselves through layers upon layers of lawyers and the 

participatory scumbags mentioned above. The people in France finally  

“get it”, and they’ve fucking had it with the globalist agenda of feeding the 

Elites at their expense, and then watching as they give the country away to 

illegal immigrants. The guy in the pic “gets it” … despite the anti-American 

media, when do the people in the U.S. wake the fuck up and do the same?

In pretty much all Western democracies, over the last 20 years, the  

“middle class” has suffered the most in terms of falling incomes, rising 

expenses, and a lower standard of living … what a coincidence that in that 

time, high speed internet and worldwide connectivity of financial markets 

has skyrocketed … “it isn’t a coincidence that the amount scammed by the 

Elites has mushroomed like a virus on the public”.

Which brings me full circle back to gold … the longest running of the 

manipulated markets since 2012 … where’s the financial MSM coverage of 

the FED & BIS [Bank of International Settlements] manipulation? … where’s 

the current outrage over what the ChiComs are doing? … again, where’s the 

financial MSM coverage? … “who wants to see their livelihood ended 

prematurely? … Bueller? … Bueller”?  Right now, your choice to trade gold is 

either the utterly corrupt COMEX, or not far behind the LBMA [London 

Bullion Market Association], who just recently stopped providing daily 

volumes … again see my shockingly shocked face. And if for some reason you 

think I’m “off the mark” just to to the GATA.org homepage and educate 

yourself.

Directly below, the updated gold & SP500 20 Day Range MA’s.

 

click on ANY chart to enlarge

 

Both show declines, and can you imagine where gold would be if it wasn’t for 

Friday’s $24 range? … Ok, we’re over 1300 on a close, not only on the daily 

charts but the weeklies as well … now what? … do the Chicoms let it go 

higher, or do we simply go back into a different range, but with the same kind 

of trading behavior we’ve seen for the last 3 weeks? … well, we’re about to 

find out.

The takeaway from Friday shouldn’t be it closed over 1300 … the takeaway 

should be the trading action was better … this is the kind of action we need 

to consistently see, but I simply don’t think the Chicoms are going to allow it, 

unless they are happy with their current physical supply of gold and they 

back away from manipulating the market … until next time.

Have a great rest of your weekend 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”!

 

 

WHAT’S NEW PUSSYCAT?

 

“Look at the bright side kid … you’re NOT trading gold!”

Here is my wisdom quote of the day RE gold; “same old shit, different day”.  

And with the ramp last night in early Asia created by banks for banks, and 

the subsequent run brexitup in price in everything via another bullshit “Brexit”  

rumor, the day can be officially described as “over” … well almost, we got 

that pesky U.S. session to deal with, but ain’t nobody interested in that 

anymore. The “ChiCom Hustle” in full retard mode.

You want proof you say? … well, directly below a very interesting chart.

 

click on chart to enlarge

From the World Gold Council, these are the “official” gold reserves held by 

China … it’s important to remember, this is ONLY what they admit to hold 

“officially” … and if you somehow think the ChiComs are truthful with the 

world [about anything], I got some beachfront property in Kansas to show 

you. Note for the record, that since 2016 their reserves have held steady 

… “hmm that’s interesting, cuz according to an article posted on ZH, they added 

a shipload of gold in December 2018 … so World Gold Council, where’s that in 

your figures”? The link directly below.

https://www.zerohedge.com/news/2019-01-07/china-adds-320000-ounces-

gold-reserves-first-pboc-purchase-october-2016

Let’s just pretend you’re in charge of accumulating the world’s gold supply, 

cuz in your pretend world, U.S. financial hegemony is killing your dreams of 

world domination without having to ever fire a shot … what would be your 

first priority? Well, I think it’s pretty obvious … you’d want to accumulate as 

much physical metal as possible WITHOUT causing a price panic on the 

upside … and since current trade numbers show approximately $1.5 billion 

dollars a day flowing into your bank account from the U.S., and not wanting 

to hold worthless paper fiat from the U.S. Treasury that doesn’t even pay for 

inflation, and is gonna be less than worthless 10 - 30 years from now, would 

you not use some of this “paper” that you get every day to manipulate price? 

Would you really give two shits if  you had to lose a few million to buy in Asia 

& Europe and sell in New York every day, in order to get the physical you 

really wanted? “If it’s me, I could care less, cuz I want the physical”.

So you buy in Asia & Europe, cuz on their futures exchanges you get metal on 

expiration … in the U.S. at the corrupt COMEX, if they don’t have the metal 

to give you at expiration, they can legally give you a check instead … “wait …

Wut”? … some system right? And what does this bullshit look like on the 

charts? Well, directly below is your answer, with commentary.

 

click on chart to enlarge

Outside of overt manipulation, there is no other explanation that makes any 

sense whatsoever, especially with the world descending into a depression 

economically, and political uncertainty here and abroad [hello France!] only 

becoming more uncertain & chaotic … and so gold sits in extremely tight 

ranges you can find no other time on the weekly charts? … “again, what do 

you think of this awesome beachfront property in Kansas I got … really 

something isn’t it”?

I said yesterday we are in a new paradigm … how this plays out I don’t know 

yet … I’m fairly certain of how the endgame plays out, but we aren’t 

anywhere near there yet, IMHO … and that endgame sees China back the 

Yuan with gold, U.S. financial hegemony collapses, oil becomes more and 

more popular priced in Yuan instead of dollars, and the Ponzi scheme known 

as the U.S. financial system collapses … with multi trillion dollar deficits and 

unfunded liabilities in the quadrillions … where does the U.S. get money for 

anything? … and this is the ChiComs endgame, without ever having to fire 

one shot in hostility over anything, but simply letting the U.S. go to hell in a 

hand basket of their own making.

The $64,000 question, though, is when do the ChiComs let gold float freely and 

subsequently skyrocket in price? … cuz when you got all the gold, wouldn’t 

you want to see price go much, much higher? … of course you would!

And so, here we sit inside this $15 - $20 range over the last month, not being 

able to get price out of the range from January 4 … every day sees tiny 

historical range, and the infamous “Flying Wedge of Death” [FWD], thus 

insuring almost every trader gets hosed by the ChiComs … “at some point this 

horseshit ends, and when it does we’ll be there to profit from it … but until then 

we wait”.

You realize, for the week … WEEK! … before the china tariff news today 

exploded gold, that we didn’t even have a $10 range? … seriously? … yea 

seriously, and on the micro level of the M1 charts, you got gaps in price from 

the close of one minute to the open of the next that show conclusively, just how 

fucked up gold is in its current state … for something that pretends it’s a 

major market, this is truly pathetic.

“Well, that escalated quickly didn’t it”? … now into the US. session, and gold 

explodes higher, doing exactly the opposite of yesterday, with a few bucks 

higher and pennies over 1300 to take out stops before tumbling some … and 

before anybody gets excited, we’re right back into the January 4th range 

… all that’s happened is that stops on both sides get set off, thank you very 

much scumbag LP bullion dealers, and it’s biz as usual.

Hooray … finally a gold trade, although it wasn’t for much cuz price stalled 

… PAMM up a few bucks.

Hopefully, the action going forward can continue with expanded ranges, 

although I’m doubtful absent China tariff news on any given day … we’ll see 

what happens next week, but anything is better than these $5 - $7 ranges 

we’ve been experiencing so far in 2019 … so while we didn’t pile in truckloads 

full of money today, the trade picked up noticeably.

Blog update Sunday night … I’m outta here …  Onward & Upward!!

Have a great weekend 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”!