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Friday, October 12, 2018

PURPLE HAZE

“Why Scarlet, I didn’t know you traded with Turnkey!”

Oh yea, it’s gonna take more than a day for me to simmer down some … was 
watching “Gone With the Wind” last night for the umpteenth million time 
[“Oh, how un-PC of me cuz it’s a racyist movie and everything”!] … you know, 
to get some philosophical advice from Rhett Butler … and was there ever 
“EVAHHHHH” … a movie actress who had a better “bitch face” then 
Vivian Leigh, as Katie “Scarlett” O’Hara? “Well, no actually”! And if 
Turnkey was in front of me yesterday, they’d had gotten the Scarlett O’Hara 
look above.

A very great part of me says it was no accident … “isn’t it an amazing 
coincidence, that this type of shit never happens on dull days … only on FED 
interest rate decisions, NFP Friday’s, etc.? … do you think the scumbag LP 
banks would ever admit turning the machines off, or is it simpler to just say 
there’s an MT4 problem, that suddenly gets fixed when everything dies down 
and the major move is finished”? Scumbags top to bottom.

Turning to today’s gold market … USDCNH all over the place overnight, and 
the correlation traders getting whipsawed in the process … after yesterday’s 
short seller massacre & buy stop frenzy from the position traders, who by the 
way as I pointed out, have never been more short gold futures since 2001, today 
looks to be relatively quiet … it’s Friday, the order books have been wiped out, 
and those who got their ass handed to them on a golden platter [pun intended] 
yesterday, probably not to keen on biting shit off on a Friday headed into the 
weekend … as always, we’ll see what eventually happens, as the trading day 
kicks off in very slow motion with subdued range so far.

A few thoughts for  Friday … first up, a link from ZH, where apparently 
BofA & Vampire Squid see a bright future for gold prices headed into 2019 
and beyond … the link directly below, for those who want to dig a little deeper.

thinks-so

From the article, directly below a very telling chart … “the U.S. is on a 
runaway freight train to economic disaster, and this chart proves it … it’s 
only a matter of time”.
click to enlarge

Secondly, anybody but me remember 1981 … that’s only 37 years ago … for a 
lot of us, that was only yesterday. Do you know what the entire federal 
government budget for 1981 was? … I mean, the whole enchilada 
… everything? … Well, it was $678 billion dollars … now, what will the 
interest on the national debt be this year? … any guesses? … well, it’ll be 
“Hoover Dam” close to $678 billion dollars! … “tell me again about how gold 
has no future”!

Thirdly, we all know Squid, JPM, & HSBC are the major manipulator BFF’s 
of the FED & the “Rally Protection Team” … what happens [here shortly 
IMHO] when these guys read the “handwriting on the wall”, and come to the 
realization that it pays better to be manipulating gold FROM THE LONG 
SIDE!? “From a trading standpoint, with a long bias, it won’t be any better than 
this, trust me”!

Also in today’s BIG news … Turnkey kept the MT4 running … Congrats, you 
must be so proud … no matter it’s a completely shit day with almost no range 
to speak of, nor any volatility whatsoever to complicate things with price 
changes and volume … “yea, no worries Dolts …  try and see if you can keep the 
Gerbils happy running on the wheel to make the MT4 run smoothly … try not to 
fuck it up”.

And so, with the largest range day of the year from yesterday that we couldn’t 
take advantage of cuz of the dingbats noted above, today [Friday] sees the law 
firm of ZIP, Zilch, Zero, & Nada when it comes to anything but unbridled 
“chop”“Mr. Jack Squat is in the market”!

No trades today either in the C2 advisory service for gold, and in the PAMM.

Seriously, what’s to do inside of an approximate $4 - $4.50 range from the tips, 
with the “Flying Wedge of Death” [FWD] making another house call, except 
get chopped up and lose money. I did get 3 buy signals, but intraday volatility 
levels were too low to make the trade … one worked, two didn’t, and that’s 
why they were skipped … “when there’s nothing in the gold market but dealers 
and retail specs playing musical chairs, don’t expect a fair and honest trading 
game …  there’s gonna be spikes both up/down out of nowhere nobody can 
capture, and stops run … I know from experience, you can’t win these battles 
against the dealers, just leave it the hell alone”.

So, back at it on Monday … Sunday night sees our Special Update blog, so 
until then mi amigos, I’m outta here … Onward & Upward!!

PAMM Spreadsheet directly below.

click to enlarge

Have a great weekend everybody!!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!



 













 

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