“Oh look! … 2020 DEM LOONS pose for “debate” in Miami!”
Well, if this is the best you can do, it’s gonna be a Trump landslide come
November 2020 … not a word what these “walking bag of rocks” are going to do
for the American people … Nope! … but, if you’re an ILLEGAL immigrant, here’s
what we’re gonna do … and oh yes, can’t forget transgenders who want abortions
… oh yea, that’s high on my wish list says nobody ever. Talk about a “pandering
show” of epic proportions to every fringe, Libtard, loon, activist, dimwitted DEM
who’s gonna vote, these people are embarrassing … watching this clusterfark
should be considered torture, and I should be eligible for reparations. How any of
these morons got elected to any office is beyond me, but the appalling, overt
virtue signaling by all of them, only tells you what total and utter hypocrisy this
group of scumbags exhibits, all the while insulting your intelligence by pretending
to be everybody’s moral elites and guiding lights … “umm, no thanks, I’m not
buying crazy”.
Gold again overnight, putting in a greater than $10+ range … seems the
“Chuckleheads” have lost [for the moment] gold fever, and are taking a more
cautious tone … here at sunrise in New York, things are pretty tame across the
board, and nothing is really moving … some econ stats out at 8:30 AM EST, but I
don’t think they will affect gold much, if any … so far, gold holding support at the
1401 - 1402 area from the 100 Hour MA, with the 200 Hour down at 1386 if things
get a little ugly on the downside … both are starting to roll over from the torrid
pace from the last few weeks … question is, “what’s gonna be the catalyst to set
off the next wave of buying, or does the FED continue to throw cold water on
future rate cuts that see us go lower in price”?
First hour in the books, and did I walk into an episode of “The Twilight Zone”?
… whoa, talk about quiet! … and just like that, a “womp womp” downdraft that
sees the M1 take out 1400 like a chainsaw through a soft butter stick … isn’t it nice
to know that gold hasn’t changed one bit, and that the mystery down ticks the
scumbag bullion dealer banks buy for themselves after they set their own
customers sell stops off, is still alive and well? … it tells me the world hasn’t
changed after all.
And just like that, we get useless market moving data at 8:30 AM EST, and the
minutes afterward did very little … so I get up and go get another cup of Joe, and
come back like 2 minutes later, and in one M1, they drop gold $6, breaking 1400,
and all the lemming spec sell stops the scumbag bullion dealer banks were after
for the last 2 days, and within seconds were back up above 1400, and I’m sitting
here … and worst of all, while I thought we were far enough away from a buy
algorithm signal, we weren’t cuz that bottom triggered a buy signal … ophhhhh!,
is my chili hot now!
Since then of course, it’s been a bucket of warm bat guano, and we’re basically
where we were at 12 hours ago … Dear Banks: “thanks aholes! … couldn’t wait 3
minutes while I get more coffee … geesh, what good are you anyway”? And
basically, that’s the entire day in a nutshell … if you weren’t there for the “fun &
games” for one minute, you’re toast … pass the jelly.
Remember that torrid pace we were on? … yea, me neither cuz it’s gone now, and
we’re back to the shits … with the weekend coming, and Trump/Xi holding their
“lovefest”, I expect tomorrow to be worse than today … literally, nobody wants to
position this stuff ahead of any weekend surprises … some good news for gold
bulls, though, as the banks were able to cover shorts on the sell stops at sub
1400, meaning they went for the stops cuz gold more than likely goes higher from
here. Without getting the stops, it would mean they are comfortable staying short,
and clearly that wasn’t the case.
I’m thinking China will rally tonight, so I’ll be trading tonight late if anything
happens and I get an algorithm buy signal. Until tomorrow mi amigos
… Onward & Upward!!
Have a great day everybody!
-vegas
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