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Tuesday, August 6, 2019

WE’RE ON OUR WAY TO NIRP

“Can a corrupt government ever dig out of the hole of negative interest rates!?”

The world is headed straight down the rabbit hole in more ways than one
… societal decay, bankrupt and immoral governments everywhere, corrupt POLS
that get seemingly more corrupt each and every day, freedoms being usurped
right before our eyes … I could go on cuz the list is long, but one that has the
largest economic consequences for markets, especially stocks and gold, is
negative interest rates … and folks, we’re headed straight for ‘em sooner rather
than later.

We are months, maybe a few years at the latest, from the start of QE, helicopter
money, and the 10 YR Treasury at ZERO % or less … has any country ever dug
themselves out of the negative interest rate hole once they’ve gone down?
… ask Japan, and the answer is NO! … and what it means is massive inflation,
and gold to the moon Alice!

Again overnight, Asia & early Europe provide some good trading action, and
again today New York is shit … nothing new here, but this grows wearisome as
hell … they can’t rally it in New York, but they can’t break it either … everything,
and I do mean everything comes in the dark hours of Australia & New Zealand to
start the day, and then it’s China overnight … New York is where markets go to die
… what a fucking joke this pretend market has become.

Meanwhile, over in DOW30 land, it’s the “Plunge Protection Team” [PPT] that
strikes overnight, and with that the “Chipmunks” feed at the NYSE open to see
the highs of the day soon thereafter, and since then this market is nothing but a
chopfest of bullshit … GBPUSD? … stick a fork in it, it’s dead I think for now
… not sure this market would know what to do if it moved 10 PIPS, another
stinking mess.

I’m getting to the point where I’m gonna release the flying monkeys … oh hell yes!
… good grief these are frustrating markets, especially gold, but right now stocks
are no picnic either, with price moves coming out of nowhere that are pure vicious
in nature, both up and down … quite frankly, it’s nothing but bank manipulation
across the board with help from their BFF the FED … we get huge moves
overnight and then New York can’t do shit, except chop people the hell up with
mini stop hunts, shit fill, all the while the scumbag bullion dealer banks front run
futures orders … a bigger group of crooks I’ve never seen [except in government].

Well, another day of complete horseshit trading conditions … thanks New York!
… can’t rally, can’t break … beautiful … what a piss poor excuse for a group of
markets … time for some Vitamin C therapy … with any luck, the lime will hit me in
the head and I’ll drown drinking the Corona … until tomorrow mi amigos
… Onward 🙴 Upward!!

Have a great day everybody!

-vegas




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