GOLD SURGES! … WELL, MAYBE NOT

 

“Well Skippy, you’re the only one left … turn the light off when you leave!”

The headline at ZH was amusing … “Gold Surges”!! As the Yen rallies in a flash 

crash last night … “yea, at it’s MAX, gold was up $8 … big whoop” … obviously, 

the 20 somethings doing copy at ZH have zero real world market experience 

with markets.

Am I the only one who is connecting the dots from yesterday’s midday 

explosion in crude oil, to hours later the USDJPY flash crash? … are they 

connected? … was there a very large hedge fund liquidation, or a government 

sponsored trading entity that went tapioca and had to liquidate? … firing 

squad at dawn? … “cuz if the scumbag LP banks picked up on the connection, 

they would be first in line to “help” the Yen covering during the quietest time of 

day … and whoever it was that got mauled, I can assure you the banks helped 

set off the liquidation fireworks, and then immediately bid USDJPY back up, and 

so made shiploads of moola on both sides … nice work if you can manipulate it 

just right”!

The regulators? … “Bwa hahahahaha … a bag full of cash in the garage 

sometime in the next day or two will answer that question … nothing to see here 

Sheeple … move along … just a little blood is all … nothing to see … Ma’am, 

please, everything is Ok …”

Which brings us to gold … “ZZZZZZZZZ” … like the kid above says to his 

Dad, “nobody will trade with me”! … well, pretty much everybody else has left.

We’re 7 hours into the day, and since the NYSE opened, gold has been in a 

scorching $3 range … really, no adjectives to describe this piece of shit, other 

than nobody cares and nobody is interested in trading it … just awful trading 

conditions. All we can do is wait.

No trades in the PAMM or C2 options signals service, simply cuz there isn’t 

anything to do … it’s pitiful.

I’m outta here … until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

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OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

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