EVERYTHING IS GOOD AGAIN!

“Then the “Plunge Protection Team” [PPT] shows up!”

Stocks saved again by those in government doing God’s work here on Earth

… why? … cuz you’re too stupid to be trusted with over valued, high priced

stocks! … please, leave it to us, we know what’s best for your money.

Meanwhile, over in Hong Kong where the world didn’t end, somebody decided at

the start of the trading day [last night] to beat the “Chuckleheads” to the

proverbial punch and ramp gold out of the starting blocks in the “dark hours”

to above Thursday’s high of the day … when they all looked around and HK

wasn’t in ashes like they thought, it was “sell, Mortimer, sell!” all the way to the

sunrise in New York … well now, here comes gold market “B”, with its own set of

“fuck you” rules, and as I’ve said before there’s nothing New York can’t do to

undo what the “Chuckleheads” & now the “Burgerwehr” think they’ve

accomplished.

Just your average $22+ range overnight in gold market “A”, where unfortunately

it was pretty much straight down and produced ZERO algorithm buy signals

… now we get treated to the horseshit New York market, where criminal scum

congregate and call themselves “liquidity providers’’ … it’s like drug dealers in

the hood calling themselves “alternative health pharmaceutical representatives”,

only they’re more competitive and offer better pricing … maybe, and this is just a

thought, they can all merge into one gigantic enterprise and rename the new

liquidity provider company “Dewey, Cheatum, & Howe” … somehow, it all makes

sense.

Out in the real world, everybody heaves a sigh of relief cuz the U.S. 30 YR.

Treasury went up 2 basis points overnight to back above 2% to 2.02% … yea,

that’s some march higher in yield [snark] … double yea, everything is good again!

… only it ain’t, as the rest of the world, and at some point the U.S. as well, go

down the rabbit hole to NIRP … it’s only a matter of time.

Here in the very early going, it’s the usual “pump & dump” from the scumbag

banks, as first they screw with shorts left from overnight and drive them out via

buy stops above 1510, and once that mission is accomplished cuz they got the

info on order flow and stop levels that nobody else has, it’s open the trap door

back down to around 1510 … enter some “Johnny-come-lately” sell stops from

those that got long on the climb, and it’s straight up for 8 solid minutes off the

bottom where the banks bought the stops … anybody see a pattern here?

And then comes much better housing data … whoops … gold ain’t liking this at

all … this pesky data keeps getting in the way of the narrative of a global

depression, which gold desperately needs in order to maintain the uber bullish

Karma … next week sees global bankers in Jackson Hole, Wy., where no doubt

more ice gets thrown onto gold … quite frankly folks, it’s starting to feel ‘’toppy’’

in here for gold.

Mid morning in New York, and the distinction between overnight in gold market

“A”, and the “pump & dump” schemes of the New York banks in gold market “B”,

couldn’t be clearer even if you were blind … simply a disgusting mess of stop

hunts and spikes from hell, both up & down, as our friendly “liquidity providers”

front run futures orders and order flow … nice work if you can get it. If I had a

nickel for every fucking M1 spike over $1 this week, I could buy my own

Caribbean island … FFS, this is ridiculous … like I said, classic “pump & dump”

with the overall market going literally nowhere from 3 hours ago. Then suddenly

at 17:20 server time [10:20 AM EST], the spikes from hell show up yet again, this

time out of nowhere, sending the DOW30 UP 140 points and gold down about $4

in seconds for each … why? … who the hell knows, there’s no news of any kind

… am I the only one who sees the “pump & dump” hallmark, bullshit, trading

scheme for U.S. traders? … thank you FED, for your manipulative help in VIX

obliteration over these last years, cuz it’s coming home to roost now in spades!

… no big deal, just another group of traders who got ambushed, mugged, &

raped, and then dumped alongside the road to walk back home, cheaper for the

experience … thanks, and come again!

OK, we’re in truly “bizarro world” now … gold getting “monkey hammered” to a

new low for the day, the DOW30 screaming higher cuz the rumor is Germany is

gonna save the world by going QE [money printing for you Obama voters getting

up late] at ‘’negative-er” interest rates, and get ready to catch all the money from

the black helicopters coming over your house … seriously, this is all it takes to

start an avalanche these days in markets? “So, how far can stupidity take markets

when they get rolling before the adults in the room pull the plug”? … we’re about

to find out. And lo & behold, another mysterious headline saves the day for stocks

and slams gold … amazing how these “coincidences” just keep happening at all

the right moments … and come to find out by reading the details, Germany is only

thinking about it, not a done deal … AND … der Spiegel had this a week ago, so

why now the headline that sets everything on fire? … yup, coincidence and

Epstein committed suicide as well … sure, whatevs.

And again we see the stark difference between NY & the rest of the trading world

… say whatever you want, I can see, taste, and smell the manipulation going on

in both stocks and gold in the New York session … there is very little trading, and

a whole shipload of price manipulation … very, very difficult to get a handle on

risk in here when bombs are going off all over the place … and yet, nobody in the

financial MSM will touch it with a ten foot pole … gee, I wonder why? … and now

comes news via ZH, the head faculty lounge Twit [Spicoli] is forbidding ALL FED

presidents from further public comments … no more chicken lunches or dinners,

conferences, or on/off the record interviews … well, isn’t this interesting? … is

somebody getting a bit sensitive to the criticism that he doesn’t know his ass from

his elbow? … that he couldn’t find his ass with both hands if he had a

Rand-McNally roadmap?

Noon in New York, and here we go again with another vapors spike … the “Flying

Wedge of Death” [FWD] making yet again another appearance for traders, as gold

yo-yos up/down setting off all kinds of technical signals the scumbag banks fade

and profit from at spec expense … just another ho-hum thieving day … quite

frankly, all we see is panic up and panic down, with very little in between … you

want to call this a market, go ahead … after 5 ½ hours of pure bullshit, gold sits

right where it was when the sun came up … welcome to New York, where “a little

song, a little dance, a little seltzer down your pants”!

Granted, it’s not over yet, but here in the NY afternoon, gold so far seeing the NY

session at less than 50% of its 20 Day Range MA … well it is Friday, so there’s

that, but quite frankly it’s more of the way New York trades that is the problem

… now in the P.M., and Europe closed, round up the usual suspects for some

afternoon criminal activity, that anywhere else under similar conditions would get

you put in prison, and you’re gonna come real close to what lays ahead until the

close.

Not a single algorithm buy signal today, which is kind of disappointing, but under

the circumstances and looking at the way it’s traded today, unless you can tell me

exactly when the headlines hit, and where the order flow is at, to the second,

being long today had its severe drawbacks … certainly the risk was better than

whatever reward, and in retrospect that’s why there were no signals … well, no

sense crying about it … next week will be here shortly, and we start anew Sunday

night and into Europe, where the real gold market trades … and just to prove my

point, here at 3 PM EST, gold sits right where it was when Europe opened … it had

a small move, but New York undid it all like they usually do … wrap it up & put a

bow on it, it’s called Friday bullshit.

This weekend sees me do more course work writing and laying the groundwork for

our YouTube channel, which more than likely will be up and running before

October 1 … so, a busy weekend … blog update on Sunday … until then mi amigos

… Onward & Upward!!

Have a great weekend everybody!

-vegas