“Pandering to the “Free Shit Army” never looked so good!”
Time for the clown car of DEM 2020 candidates, to showcase their socialism “street
creds” and try and win the hearts of tinfoil Loons everywhere … you just can’t be left
enough … from reparations for being “gay”, to Bernie Bros idea of taxing trading to
pay for “free college” and wipe out student loans … well, if you’re 20 and as stupid
as I think you are, it all looks pretty good … until you get a job, and then not so
much.
Bernie Bros latest boondoggle is sure to please Snowflakes everywhere, as that
$300,000 transgender climate change degree from State U., where you learned less
than nothing, could be forgiven … too bad somebody else gets to pay for it, right?
… but no matter, cuz those who trade stocks, bonds, derivatives can afford it
… Bernie says so! … EXIT QUESTIONS FOR THE SOCIALISTS: “And you think
people are gonna sit around and just pay this idiotic tax? … the U.S, is already a
backwater when it comes to finance as it is, thanks to one Chalky Soetero and the
Dodd/Frank monstrosity passed in 2010 … so whatever you think you’re gonna
raise, you won’t, so where does the money come from?”
Oh, that’s right, we just print it cuz it doesn’t matter … and the Ponzi scheme just
gets better & better, until one day the entire house of cards comes crashing down,
and you can implement your Stalinist dreams of total control over everything
… for the children of course.
Gold in New York starts today with another $10+ range … well, you know what that
means … the “Chuckleheads” in Asia pressing their luck, cuz this time for sure it
has to go higher … these people need help.
And so, we start above 1400, and the questions remain, “what next”? … higher
highs? … no corrections, just straight up? … and the NY banks are fine with this?
“OK, time for me to show you that beachfront property I got waiting for you in
Kansas! … super deal, and the sunsets! … you’ll never believe the sunsets ‘till you
see ‘em glistening over the water”!
And even though we’ve just started the day, we’re starting to see the same M.O.
[modus operandi for you Obama voters] in gold I’ve mentioned before … “crawl
slowly up, and then the brick to the face down” … all other markets rather quiet,
but a little upwards momentum in FX against the dollar … not much happening in
oil or the stock indices as well … so, other markets not providing much impetus
for market movement, and with the G20 coming up into the weekend, it will get
quiet quickly as the week wears on into the weekend.
Mid morning in New York, and there is no backing off of this stuff whatsoever
… every time it backs off in the slightest, it comes roaring back quickly to another
new high … this is not going to end well. Now we’re headed towards the New York
PM, and when [not if] gold has decided enough is enough, this is where the
decline will pick up speed and hurt people … then the “Chuckleheads” in Asia
can join the downdraft, and we’ll be looking at a good short term bottom … what
we see now, though, is getting very frothy.
So, nothing really new today, except we haven’t hit the saturation level for gold
yet … don’t blink your eyes, cuz when it comes it comes like lightning, and by the
time you see it, it’s too late. And since I don’t “FOMO”, the PAMM will wait for
better long opportunities.
I’ve made some changes to the algorithm, and starting tomorrow we will see
some more trading … a very small change to the number of possible “false
positives”, but in an environment of good daily ranges [over $13 - $15], it pays
off better than being more conservative like I have been.
Onto tomorrow, we’ll see what happens … until then mi amigos … Onward &
Upward!!
Have a great day everybody!
-vegas
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