THE BIGGEST CON GOING

 

“21rst Century Financial Markets Motto!”   

Well, there’s truly a very large list to choose from … we got Congress, 

Libtards, the MSM, social media, and now “ed-u-me-cation” [“hey, my 

parents couldn’t afford the bribe to get me into a good school … what’s ur 

prob”?] … it was either business school or clown college, and some days I 

debate which it shoulda been … but no dear readers, the biggest con going is 

simply “The Comex Con Game” … where once again, retail & institutional 

specs learn the true meaning of being conned once again [iteration 

# 56,998,403, since trading started in the 1970’s], and buy rallies / sell breaks, 

and then chalk up the learned behavior to “randomness” of the market 

… right, not even close!

The money these LP scumbags “arrange” for themselves is staggering 

… makes the college entrance admissions clusterfark, look like a $1 bill stuck 

in a stripper’s g-string, where truth be revealed most of these bimbos belong 

anyway … but I digress … they simply have unlimited central bank funding 

at literally zero percent interest, and can sit there and sell 100 lot after 100 lot 

‘till the effing cows come home … and here’s the kicker … UNTIL THE  

“BUY FUEL” RUNS OUT, and then “monkey hammer” the shit out of it 

lower … which, forces you [Pavlov’s dog] to do something you don’t want 

… which is to puke it back to them for their profit and your loss. And quite 

frankly, who’s gonna stop it? 

Once again, just like yesterday, I hit the screen early this A.M. and see gold 

with a $12, on it’s way to a $14+ range lower … not from Asia, although they 

sold it lightly … no, this came from the start of the European session and it 

was straight down from there … and like yesterday, which couldn’t really see 

any significant extension of a move higher, today sees New York be New York, 

and we don’t have much extension to the downside … proving once again my 

thesis correct, which is New York is pure 100% kryptonite to Asia & Europe 

… whatever they do, New York ain’t following, or if they do not by much.

The difference between the world sessions couldn’t be more stark … then 

daybreak hits, the sun comes up in New York, the scumbag bankers show up 

for another day of “whack-a-mole” in gold, and what happens next is easy to 

predict … 1) smaller range M1’s, 2) more mystery ticks & spikes, 3) an 

attempt to undo whatever Asia and/or Europe did, and 4) much higher levels 

of “scumbaggery” than seen in Asia or Europe combined.

So, here we are mid morning … another day of “Brexit” bullshit across the 

pond, where the Brit Pols must be wanting the Americans to feel better about 

themselves, by acting and showing the world just how fucking feckless, 

spineless, and utterly useless they really are … it’s not enough they got Prince 

Chuck, Prince of Whales & Critters, they also got the Duchess of Gold Digger 

wandering around doing 500K baby showers … seriously, you Brits are in a 

class by yourselves.

Gold not doing much except chop … “a little song, a little dance, a little seltzer 

down your pants” kind of thing going on, whereby they fuck everybody with 

mystery spikes and “slippage candy” as best they can, cuz it’s what they do 

and who they are. And even though it’s early, the day seems over here at 

11 AM EST … everything “flat lining” to mindless chop up/down in a very 

narrow range. Going forward into the rest of the day, I got no clue what picks 

up volatility any from where it’s at now … it looks and feels dead.

One algorithm buy signal today … PAMM up a little over 0.2% … made 

back yesterday’s loss and added a few bucks.

Unlike yesterday, I felt today I got adequate fills … nothing outrageous, the 

buy fill a few pennies off, the liquidation at the bid … if I had waited a few 

seconds, I would have timed it better for liquidating, but the way gold is 

trading lately, if your 1 second too late on the turn you’re toast … not only 

guaranteed to get a shit fill, but add some Jamie Dimon JPM  

“slippage candy” to it for the effort, and it literally pisses you off to no end 

… you simply have to take advantage on the way up and let the chips fall 

where they may, even if there was more to be had.

Here at Noon in New York, a quick dip to shake out some longs, and then it’s 

right back up … “gosh, who could have coordinated that I wonder”? … it goes 

nowhere of course, simply a mini stop hunt. Some days dealing with this stuff 

is a real pain in the ass … I’m outta here … until tomorrow mi amigos 

… Onward & Upward!!

Have a great day everybody!

-vegas

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