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Monday, February 18, 2019

PRESIDENTS DAY REFLECTION

“Who’s the bigger fraud!?”  

“Life imitates trading, trading imitates life … so who is the bigger fraud, the 
people perpetrating the fraud or the people behind the scenes pulling the levers? 
Cuz you know, none of these asshats is in this alone … there’s always an agenda, 
a narrative, another bigger fraud at stake to be perpetuated upon the public, 
where at least half of the idiots in the country can easily be made to think 
up = down at the drop of a hat … I’ve said it before, and I’m gonna say it again 
… if the men who stormed the Normandy beach on June 6, 1944 and were killed, 
could somehow come back for 5 minutes and see the state of the country they 
died for, I’m not sure any of them would have ever gotten off the damn boat! 
… why? … you’d give up your life for this shit today?

Which brings me right smack dab into financial trading and gold … which is 
the bigger trading fraud? 1) gold & silver, 2) FX, or 3) the SP500 futures 
market? … “ohhh, is this a tough one”! … the question isn’t IF they are totally 
fraudulent & manipulated … hell’s bells, everybody knows they are … the 
question is, which is BIGGER? … “more than likely, FX, simply cuz the volumes 
in here are much greater, but don’t sell the other two short cuz they got their 
moments … fact is they’re all metaphors for the three asshats pictured in the 
header … and just like in real life, financial markets got the same muscle & 
money behind them pushing an agenda & narrative … nothing personal, we just 
want and demand your money & wealth”.

Directly below, a clip from the movie “Casino”, where the “skim” is put forth 
& explained in glorious detail … this clip does a better job explaining what 
goes on in financial markets better than anything I could ever write in 500 
pages … the allegorical metaphors here are breathtakingly accurate … as you 
watch, just think casino management [Robert DeNiro] as Pols & 
Apparatchiks, the guard at the door as the various regulators, the people in 
the count room as the brokerage house execs, and the mobsters as the banks 
raking in the “skim” every day/week/month. [Note: Jamie Dimon of JPM as 
Remo.]


And there you have it … gold trading in a nutshell. It couldn’t be more 
straightforward if I had written the script myself … “and that mi amigos, is 
what the learning curve in gold is all about … overcoming and defeating these 
scumbags on their own turf”! Today’s open in gold an instructive example of 
pure manipulation up close and personal … officially, gold has a $10 range 
today … yea well, that’s bullshit, cuz on the open somebody with a sell order 
got ripped for about $5 per Oz., and filled at the bullshit bid at the bottom of 
a $6 bid/offer range … “just another reason to never ever trade opens, cuz these 
scumbags will gut you like a fish … last night a perfect example … somebody 
tell me again about how honest and fair banks are with orders … Bueller? 
… Bueller”?

And while Western civilization rots, most notably here in the U.S., don’t for a 
second think it doesn’t carry over into finance and trading … the shit that 
goes on today has a long tradition going back into the pits … technology has 
changed, the names have changed, but the scam is the same … bottom line is 
the bankers threw out the commodity exchange Cowboys, who thought they 
knew what stealing money was all about but really didn’t, and took the “skim” 
over for themselves, and then raised the stakes dramatically over the years to 
where it’s at today … simply buy off everybody in sight to allow the game to 
continue, right down to the janitors in the federal courthouses … after all, the 
only losers are those who trade the markets, and who feels sorry for them?

And where we are at as a society, is perfectly encapsulated by our 3 asshats 
joined at the hip by the fraudster bankers … it’s not a pretty picture, and the 
only ones to truly blame are the morons who keep returning Libtards & 
Rino’s back to Congress … you reap what you sow, and it’s truly a sorry state 
of affairs in more ways than one. “You only need look no farther than the 
Amazon / NY City debacle … Amazon, sensing a double cross from the Pols, 
pulls out of Queens … Pols are then outraged that their schemes for kickbacks, 
bribery, extortion, & graft have gone for nought … truly revealing & pathetic”.

Markets in the U.S. closed today for another completely useless Holiday 
… very light trade overnight, with nothing really happening so far … just 
chop, mystery ticks & spikes, “slippage candy” from the fraudsters, and the 
usual nothing Monday manipulations that drive people nuts … only it’s even 
thinner than usual, which of course gives them the excuse to rip you even 
more if you trade, cuz they will then cite thin market conditions as the reason 
your fill was so horrible … “not our fault … sure, we made money off of you, 
but that’s not the point … duh, market conditions, duh” … actually, it is the 
fucking point.

Posting a little early today, simply cuz there’s nothing here … literally 
nothing … I’m outta here … until tomorrow mi amigos 
… Onward & Upward!!

Have a great day everybody!

-vegas

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