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Tuesday, February 26, 2019

GOLD: INSURANCE AGAINST GOVERNMENT

“Welcome to the United Socialist States of Amerika!”   

I’m not blaming President Trump … far from it, but from where I’m sittin’ 
he’s only a short reprieve, from the Stalinist takeover of the U.S. that’s been 
in progress since the election of Woodrow Wilson back in the day right before 
WWI … “you want to talk about the “high water” mark of the U.S., and the 
principles laid out in the Constitution, look no further than the years 
1900 - 1912, and it’s been almost straight downhill ever since then … the two 
largest, single most destructive events in U.S. history are 1) the unconstitutional 
advent and implementation of the income tax [it’s only for the very rich they 
said], and 2) the creation of the Federal Reserve, which promptly has devalued 
the U.S. Dollar to less than 2% of its value since 1913 [yes folks, according to 
government types & Libtard Progressives everywhere, this is defined as 
“progress”]”.

We have nothing but lying, thieving, scumbag politicians from both parties, 
who seem to always come into Congress poor and years later leave filthy rich.  
“If the federal government were a private corporation, every member of 
Congress would be in jail … you know it, and I know it”. Meanwhile, the 
middle class and those that produce, are soaked in a never ending “kabuki 
theater” of government demanding more, and getting Zilch in return … “and 
I say fuck that”! To Bernie Bro, Occasional Cortex, and every other 
hypocritical, virtue signaling piece of shit Socialist Pol that infects America 
like a virus, I say screw you cuz you ain’t getting my wealth so you can give it 
away to illegal aliens for their votes to keep power, or lazy shiftless bums who 
refuse to work cuz they don’t want to, and would rather live in Mom’s 
basement playing some dumb ass video game 24/7.

The ONLY thing that protects you, in the long run, from an out of control 
government hell bent on destroying your standard of living and wealth, 
through socialism & the inevitable destructive inflation that follows, are 
precious metals … gold, silver, platinum, & palladium … Venezuela a perfect 
modern day example of what happens when SHTF. Do you know, that 10 
years ago if you had converted $1 million U.S. Dollars into Venezuelan 
currency, that today if you converted it back it would be worth less than 
US $1 Dollar? Did you know that in 1950, Venezuela had the HIGHEST per 
capita income of any country in the Western Hemisphere, and was a model 
for democracy, peace, a high standard of living, and overall general 
prosperity?

“Ten years ago or earlier, those in Venezuela who bought any precious metals 
have survived … those that didn’t are starving or already dead … and who 
amongst them in 1950 could have ever foreseen this for their country!? … did 
stocks save them? … did bonds save them? … did a socialist government save 
them? … NO, only precious metals would have saved them”!!

And so, turn your attention to modern day U.S., where deficits & debt are 
skyrocketing, government at all levels are completely out of control [both 
fiscally & morally], the stock market is being rigged beyond belief, Congress 
is completely corrupt & beyond hope, and America’s 2 leading Socialist 
dingbats are in the news daily … “I refer to Bernie Bro, the guy who owns 
three multi million dollar homes and flies in private jets, but knows what’s best 
for you, and of course Occasional Cortex, the bartendress turned tinfoil Libtard 
Pol from New York City who is being credited for scaring away Amazon, who 
wants to ban cars, ban airplanes, ban cows, and create a Socialist paradise with 
your money & wealth … who cares if it costs $500 trillion dollars, it’s about 
saving the children and all that shit … cuz she says, “I’m in charge now” 
… sure, she makes everybody laugh with her complete stupidity, but by the same 
token I’m sure the Venezuelans of the 1950’s said the same thing about Hugo 
Chavez before he turned their country into a complete shithole [all for the 
children of course]”.

Bottom line is simply this: “if you don’t own and add to your “stack” of metal 
while you can, you’re an idiot … a financial idiot … sorry if that offends some 
people, but it is the truth … make all the rationalizations you want, from “it 
can’t happen here”, all the way to “I got plenty of time if SHTF to make the 
transition” … and my message is, no you don’t! … it is better to be 10 years too 
early than one day too late”!

Can you possibly imagine how better off you would be, if a sane government 
placed your social security withholding taxes into grams and/or Ounces of 
gold for you in secure storage … and then years or decades later at 
retirement you’d have all that gold? … but then, it’s never been about your 
comfort and security, it’s about fleecing your dollars away from you now, and 
paying you back decades later with cheap, inflated dollars worth a lot less 
than when you sent them in … in other words, a Ponzi scheme run by both  
“D’s” & “R’s” to enrich them and cheat you … cuz the bottom line is simple: 
“gold can’t be cheated, and that’s why scumbag bankers & Pols of all stripes 
hate it … it IS money, with no counter party risk of default, that has stood the 
test of time for over 5 thousand years … and with gold, you don’t need Pols to 
depend on, you don’t need government, and you sure as shit don’t need the likes 
of Occasional Cortex telling you how YOU MUST live your life! … take matters 
into your own hands”!

Gold today drifting coming into New York with a slight downside bias to the 
trade … specs still positioned long with sell stops below the market, that I’m 
sure the scumbag bullion dealers are eyeing with delight … how many times 
do I got to say this … “it’s the same “COMEX Con Game” that’s been run for 
decades, where commercials sell to specs on the way up, and then buy from 
specs on the way down for profit … been this way since day one”.

After a couple of hours, it’s the same old shit different day syndrome at work 
… meaning of course, we got nothing but mystery ticks, mystery spikes, 
vapors moves from nowhere to nowhere, dealer “scumbaggery” cuz they front 
run futures orders as well as the XAUUSD spot bid/offer, and of course the 
usual daily dose of “slippage candy” from bullion dealers to make sure they 
fuck you good on your fill … in other words, another typical day inside a 
horseshit tight range with prices drifting in the inevitable “Flying Wedge of 
Death” [FWD] scenario where nothing lasts more than about 2 minutes 
… all brought to you by a bullion dealer community that pushes prices to set 
off MT4 popular indicators to buy tops and sell bottoms among the spec 
crowd … “you think they spend millions per year on software to track customer 
positions and technical indicators for nothing”? ... good grief, what a pile of 
shit.

And then, in less than 2 minutes a whole hour of price action is gone … poof! 
… and in a tight range, if you got caught in it, it hurts some … and then once 
you puke, it goes straight back up … “having fun yet”? … this is why I say, 
you have to understand the manipulators and how they work the market, to 
even have a chance of success at trading either gold and/or silver. “In any 
other line of work, this would be criminal, but here the bullion dealers have the 
blessing of Pols, regulators, exchanges, & brokerage house execs … just make 
sure the cash keeps flowing on the weekends … OK”?

Up here in a few minutes, head Twit Spicoli from the FED, giving testimony 
to further clueless idiot Senators … “shitshow circus” anyone? … blind 
bullshitting the blind is more like it, but don’t be surprised to see some hellish 
spikes come forth as he speaks. “And right on cue, here they come … some 
days you can’t make this shit up”. And equally as important, after the buy 
stops have been run, gold goes straight down … “if I didn’t know better, I’d 
say dealers knew ahead of time what Spicoli was gonna say … run the buy stops 
… take the other side … cover on the way down … nah, that’s way too cynical”! 
[snark]

And after a full day of complete bullshit, gold is where it was in late Asia 
some 12 hours ago … and another useless trading day filled with nothing but 
trouble, and it’s why I sit and watch from the sidelines … “when there isn’t 
anything here, you’ve got to leave it the hell alone, otherwise it costs us money”. 
Onto tomorrow … can’t be any worse than today … we’ll see what happens 
then … I’m outta here … until then mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

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