ANOTHER THIEVING DAY IS UPON US

“Water looks fine … what can possibly go wrong!?”

After being held hostage for most of the month, markets finally get to their moment

of truth, cuz today is FED day come 2 PM EST … the level of scumbag LP bank

“scumbaggery” will be off the charts, natch, as the blatant money stealing from

accounts will most likely be at all time highs.

I have no idea what the faculty lounge Twits are gonna do … unless they choose to

go “Shock & Awe” with a 50 basis point cut in rates along with uber dovish

language, whatever else they may choose to do will most likely disappoint traders

while enriching banks … what the FED is really good at, is enriching their future

employers … make no mistake, the banks already know what’s gonna happen and

they’re positioned for it.

As I’ve said before, why can’t all of this shit be reported out over weekends while

markets are closed? … this way everyone can dissect the information and make

rational decisions once the markets reopen on Monday … the answer should be

obvious … if that happened, the banks couldn’t skim the market and pay off POLS,

Apparatchiks, and various other criminal types who infest markets like rats infest

DEM big city shitholes like Baltimore, Detroit, etc. … “hey, mistress funds have

needs”!

Gold for its part has been on trading vacation for the better part of 2 weeks, with

only up/down M1 spikes from hell so the banks can pay the bills … other than that,

there has been almost ZERO selling interest, except off rallies … as I’ve said, I got

no idea what the FED does today, but it’s been a very long time since I’ve seen the

gold market as over positioned by long specs as right now … the room for

disappointment here is large enough to fill the Pacific Ocean, unless they “Shock &

Awe” which I doubt, simply cuz it connotes panic … that doesn’t mean they won’t,

simply means not probable.

And as has happened with regularity these last weeks of going nowhere in gold,

we get the latest iteration of “fuck you” to some hapless moron who decided at

16:42 server time, to buy size in gold and got reamed royally … I’m sure the

Chicago PMI due out at 16:45, and which showed a massive recessionary

decline, and somebody had “inside information” on the report, had nothing to do

with the buy, right? … to bad, you lose!! … the fact that you’ve had 1 - 2 weeks to

either cover or get long at more advantageous prices totally escapes the thought

process … most likely, this brutal rape of an order was a buy stop that the

scumbag LP’s had in their sights, and when the computer systems said “GO”,

they took it out & filled it at the high, took the other side, and made some coin

… no wonder scumbag LP banks make money with dopes like this hanging

around markets, and doing “stupid shit” consistently.

And now we wait for further “fun & games” from the “liquidity providers” [cough,

bullshit, cough] over the next hours, all the way to 2 PM EST, where SHTF

“bigly & yuge” … that this is totally criminal in nature & scope, totally escapes

the financial MSM, who almost never report on it, unless they have to. As I’ve said

repeatedly, the world’s financial system as constructed today, is the biggest

fraud & scam in the history of the world … can’t wait to see the horseshit they pull

at 2:00:01 PM EST … well, if Turnkey and their LP’s don’t shut the machines off,

which is their natural want, cuz you know, … “duh, market conditions, duh” and

of course those pesky internet glitches that always seem to come right at crunch

time on the MT4 platform … and what is so hilarious, is that they’ll tell you with a

straight face that they can’t identify why the “glitch” occurred … “coincidences

are so amazing, aren't they? … and they always happen to benefit the banks who

fill the order and never the customer who’s dumb enough to place them”.

“Well, that escalated quickly to the downside, didn’t it”? … go bold or go home,

and the FED does neither … I wonder where all the gold longs go from here?

… Spicoli’s presser should be enlightening, as he tries to placate everybody with

bullshit … and I can’t help but wonder, with a halfway decent NFP report on Friday,

is this a “one & done” for the FED to appease their Elite masters of the 0.001%

club and levitate the SP500? … and if that’s the case, gold’s got some downside

ahead of it.

So, we got a $10 break, quickly followed by a $10 rally, then when Spicoli started

moving his lying lips, gold is now down near its lows below 1420 … quite frankly,

with 2 dissenters and only a cut of 25, this FED meeting is a very big

disappointment, and every minute this FED dipshit keeps talking, markets are

likely to drop further … If there ever was a clarifying moment for classifying the

Twits as totally incompetent, this day is it … don’t get me wrong, there’s plenty of

other reasons gold goes higher from here, including an out-of-control fiscal

policy and spiraling national debt, AND world sovereign debt with negative

interest rates over $22 trillion dollars and climbing … however, that’s little comfort

to those looking for a “FED handout” via rate cuts and are/were long … I’d expect

some selling pressure heading into the NFP report.

Well, that didn’t take long for a new low for the day, as sell stops get wiped out

and filled at the bottom, on Spicoli’s wisdom of “this is not the start of an easing

cycle’ … whoops!, gold isn’t gonna like that going forward into the NFP report

… gee, wonder who’s buying down here sub 1414? … with spreads ballooned, and

slippage on “fuck you MAX”, any trade this late in the day is an invitation to a loss

… can’t wait to see what Asia does tonight, especially in the “dark hours”, and

with a typhoon hitting Hong Kong … good times!

Now that this FED “shitshow circus” is over, maybe the market can get back to

actual trading … am I asking too much? … of course, we got NFP on Friday which

should provide more chaos, but tomorrow’s trading should be interesting to say

the least … looking forward to it. No algo buy trades today, as conditions for

trading are as bad as when the market was dead … now, the exact opposite. No

need to wait to post after the market closes, as this day is over … until tomorrow

mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

IS THE “FIX” BAKED INTO THE GOLD CAKE?

“What’s the rush? … banks already know about tomorrow!”

Well, here we are … a day before the most important FED meeting

evahhhhhhhhhh!, in the history of the world, and the thieving, stop hunts, spikes

up, spikes down, and general “scumbaggery” by the LP’s, continues

uninterrupted inside a ridiculously small range of a few bucks … anybody think

it would be any different? 

Nothing really to report today on gold, as I’m sure the scumbag bullion dealer

banks already know what tomorrow brings … with trillions of dollars in trading

positions and quadrillions of dollars in option derivatives, anybody wonder why

no scumbag bank ever gets in financial trouble from these up/down moves in

gold? … how is that? … SHORT ANSWER: “they know what the FED is going to

do at all times, and the FED has their back and will loan them unlimited funds to

sell gold if need be”. 

Outside of some wicked down spikes of late in some M1’s, no real selling by

anybody, except off of rallies … we continue to see almost no selling pressure

from the market during the NY day, except as mentioned above … what do they

know that we don’t?

Tomorrow sees the FED at 2 PM EST, and the blog will be up probably around

4:30 PM EST … nothing is gonna happen ‘till then … until tomorrow mi amigos

… Onward & Upward!!

Have a great day everybody!

-vegas

ROUND UP THE USUAL SUSPECTS

“Criminals everywhere, especially in government!”

The greatest trick the Devil ever pulled was convincing the world he didn’t exist. 

Markets are free and our government is honest … the FED looks after the middle

class and brings stability to our economy … nobody is above the law … etc,. etc.,

and now I’m ready to puke. So it should come as no surprise that Asia rallies early

last night before giving it all back … just another coincidence they’ll tell you, but

you really have to ask why this happens almost every “Hoover Dam” night … sure,

it’s easy to blame the “Chuckleheads” & Mrs. Wantanabe and Gal Pals for being

stupid … but you can’t keep losing and losing all the time over the years and

expect me to believe they are that crazy … enter the ChiComs, who buy gold in

Asian futures markets to take delivery of the physical in their backyard, thus

avoiding the Comex scam,, and the multinational banks arb the process, thus

lifting XAUUSD in London … New York then sells it down.

Here we are the Monday before the Wednesday, of the most important FED

meeting evahhhhhhhhhhhh! … markets everywhere so hoping the FED juices the

asset bubble punch bowl with rate cuts, even though there is no justification in the

economic data to do so, other than lifting the SP500 to more recorder-er all time

highs. But that’s not the real story here … the real story is the U.S. underfunded

“pension bomb” that the FED believes only higher stock prices can prevent

… thus inflating the asset bubble is the only choice … that and the fact their

BFF’s, the world’s elite, can make even more money than ever before and reward

them when they retire with nice gushy gigs on Wall Street.

Almost nothing you read and hear in the financial MSM has a shred of truth to it

… it’s all lies and deceit … it’s all designed to manipulate your feelings and

thereby your behavior … the greatest favor the Nazi’s ever gave to world

governments, was showing them how to manipulate people for the benefit of the

Elite … we are inundated with media 24/7, all with the underlying message that all

is “A-OK”, you can trust the stock market, buy MOAR!, and of course gold is a

dead asset … nothing could be further from the truth.

Today, more than likely [it’s early yet], is nothing short of a gift to the scumbag

bullion dealer banks … very tight range, slippage to the MAX, gold going nowhere

… and in this environment, all that’s being done is spec money accounts handing

more money over to dealers … nice work if you can get it.

“Sure, somebody tell me again how gold is an “honest” market? … one look at

M1 16:40 server time, where gold went down about $6 per Oz. in less than a

minute on vapors, was a complete stop hunt scam … no news, just some

unfortunate sell order that got wiped out, right along with retail sell stops … and

of course since then, there’s nothing but levels of bullshit to wade through as the

dealer community has wiped away some longs, covered their own shorts, and

probably got long themselves … ho hum.This day a complete waste of time.

Take away the scam M1 @ 16:40 server time, and gold is left with about a $3 range

from the tips … sure, be my guest and try and trade this … good luck with the

bullshit spreads today, right along with triple “fuck you slippage”, and let me

know how things turn out … oh yea, and don’t forget those tight stops that might

get filled $5 away from your stop price … if only somebody could have warned

traders about gold when conditions go full retard shit … ah yes, good times.

And at 1 PM EST, what’s left but the “shitshow Squid & JPM circus” … I’m sure

your order will get treated fairly by the scumbag banks … yea, and pigs can fly.

And guess what mi amigos? … it only gets worse tomorrow and Wednesday up

‘till 2 PM EST … if you think today is bad, just wait. Is it any wonder a shipload of

hedge funds are going “toes up”?

Well, I can’t make it move … I can’t make a rigged market honest … and I can’t

make the scumbag banks behave … on days like this, all you can do is choose

not to participate, knowing you have better odds playing Keno in Las Vegas … this

is what POLS & Apparatchiks have done to markets over these last years, where

nothing moves unless they say it moves … thank you useless FED faculty lounge

Twits.

We’ll see what tomorrow brings, but color me in the camp for more gold bullshit

… nothing is gonna change until Wednesday at 2 PM EST … and then SHTF

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

SUNDAY UPDATE: THE AGE OF DECEIT

“Watch the problems manifest themselves this coming week!”

Lies, lies, and more “Hoover Dam” lies come flowing this upcoming week in

markets … first the FED, then 2 days later on Friday the monthly NFP report

… quite frankly, this is what deceit looks like.

Directly below, the 20 Day Range MA’s.

click on any chart to enlarge

Until Wednesday at 2 PM EST, gold most likely will resemble a funeral, but who

knows really what longs are gonna do beforehand, and what mischief scumbag

bullion dealer banks got up their collective sleeves … we’ll certainly find out

… until tomorrow mi amigos … Onward & Upward!!

Have a great rest of your weekend everybody!

-vegas