WHEN EVERYTHING IS MANAGED, NOTHING IS

“When markets are literally addicted to government!”

We see it every day … everything on every level attempting to be managed,

massaged, twisted & spun, in order to put out the “right” message for the public

to consume … the most obvious and glaring example of this belongs to the “Free

Shit Party❞, a/k/a Libtard Nation, a/k/a DEMS … remember when all we heard in

unison for months from the MSM was Trump was a traitor & Ruskie puppet?

… how’d that work out Tinfoil Loons? … now the goalposts magically shift, and I

don’t hear Mr. Jack Squat about that anymore, but all of a sudden all I hear now is

❝white supremacist❞ from the disgraced hacks in the MSM about every 5 seconds

… if Goebbels were alive, he’d be running the DNC! … yes, they do think you’re

that stupid.

Somebody enlighten me, how are markets any different? … long ago, markets

gave up their freedoms to government, specifically the FED, and are now

“dancing with the devil” and can find no escape … it seemed so wonderful at the

time, back in February 2016, when the oil market was saved by the FED, when they

came in and bought futures in the 20’s and within hours oil is in the upper 30’s …

“hi, I’m from the government and I’m here to help”! … after that, it’s on to every

other market, and nary a peep from the big money trader crowd.

Well, here we are … we live in the “POLS & Apparatchik” trading paradigm, and

there is no escape … markets live in hell, the biggest players the scumbag banks

having made the deal for pennies on the dollar … markets chose unwisely!

Gold stuck in a relatively tight range overnight … “tight “ having lost its meaning

since June 1 … markets reacting on the open last night to the usual barrage of

bullshit from Apparatchiks in the “dark hours”, this time regarding Huawei … isn’t

the first time this shit happens, and won’t be remotely the last time either. Since

then eerily quiet on this Friday … in the last 5 hours, gold hasn’t seen a $3 move

up or down.

The bullshit started last night, right after the open when gold leaped up $7+ within

a minute or two of the new day … the Huawei news don’tchaknow? … since then,

it’s been a clusterfark seeing our old friend the “Flying Wedge of Death” [FWD]

appear on this Friday of nothingness … it appears to me the scumbag LP banks

are pulling in every last nickel of spec money above 1500 in gold … the rallies

getting slower and more difficult to maintain, the down spikes from hell getting

more frequent … unless there’s news on the China front that can get worse, and

somehow set off another blitz to the upside above 1510, it looks to me like the

banks got the proverbial “Bullion Wall of Selling” up between 1505 - 1510, and any

break below 1495 looks susceptible to further declines somewhere below 1490

… the sell stops below here should be rather large, and if breached, violence in

price all but guaranteed … this stuff is simply way, way over bought … if price

continues to go higher, I hate to be the one busting the balloon but gold’s history

suggests extreme violence on the downside is imminent.

I said yesterday that today was setting up for a bust in trading action … it hasn’t

disappointed in that regard, as we haven’t really seen anything but the FWD all

day … today’s New York range so far approximately 50% under the 20 Day Range

MA documented on the Sunday blog updates … that pretty much sums things up

… and then shortly around 1 PM EST, Trump tweets that he isn’t going to devalue

the Dollar … 3, 2, 1 … bingo bango BOOM! … stocks go flying, gold goes a

dumping, and welcome to clusterfark Friday inside the FWD … who the hell needs

this shit?

Now that Europe is closed, it’s the Friday afternoon gold market “shitshow circus”

with Squid, JPM, & Citibank … not sure there’s enough here today to get gold

below the day’s low at 1494 and change and then 1490 … maybe, maybe not,

doesn’t matter cuz I want nothing to do with the New York criminals on a Friday

afternoon.

Range today too tight to generate algorithm buy signals … we just have to be

patient, and not get caught up in the second to second bullion dealer bullshit

… next week, though, looks very promising … this weekend sees me working on

trading course material for gold, DOW30, & GBPUSD … blog update on Sunday

… until then mi amigos … Onward & Upward!!

Have a great weekend everybody!

-vegas