THE GREAT HOAX

“Lucy as government!”

Let’s see, the last great government hoax was brought to us by Ex Preezy Empty

Suit … “if you like your doctor, you can keep your doctor! … premiums for

coverage will go DOWN”! … anybody believe this horseshit at the time? … now

we got the great “China trade deal”, where both sides use planted headline news

to jockey stock markets around … you need stocks up bro? … out comes an

Apparatchik at the appointed time, and it’s liftoff … you need gold down

Mr. Banksta? … no problem, watch this! … and so it goes.

And at least until the 2020 election, this shit isn’t gonna end anytime soon

… markets jerked around by a lie … and that lie is the great “China trade deal”,

which isn’t any deal at all cuz you’re dealing with scumbag ChiComs who will lie,

cheat, steal, and do whatever necessary to evade any part of “the deal” they

don’t want to do … “so yea, step right up and get your Unicorn meat right here”!

Well, that escalated quickly to the upside, didn’t it? … the “whatever it takes”

crowd at the ECB has cut rates 10 basis points, AND reintroduced QE starting

November 1 to 20 billion Euros per month … gold reacting violently to the upside

on more CNTRL-P from the idiots in charge of helicopter money … and away we

go.

All you can really do is laugh at this shit, simply cuz the ECB is going back to

what hasn’t worked before they got rid of it … couldn’t even make it a year

without turning the printing presses back on, but don’t worry Charlie Brown

… this time FOR SURE, you get to kick the football and everything works out like

the genius Wonks at the ECB are praying it will … [only it won’t] … and Europe

goes full retard down the rabbit hole farther than before. Surely, a Trump tweet is

coming very soon.

Now the gold freight train is going full retard melt up, and unless you’re dumb

enough to buy the rally and pay wider spreads and get a shit fill from the

“liquidity provider” [may God help you], the only sane thing to do is wait it out

for some kind of correction, which surely comes … nobody can predict the

behavior of morons, idiots, & manipulators, so who knows what happens when

Super Mario’s presser begins … this is his last one … Christine LaGarde takes

over after this, so who knows what Super Mario is gonna say that either pours

more fuel on the fire, or he puts his foot in his mouth and it abruptly ends and

reverses?

Well, a funny thing happened on the way to riches, didn’t it? … yup, Super

Mario dropped a line of horseshit out there, and some bank research

departments called him on it … looks like QE4EVA isn’t quite what Super Mario

made it out to be … that got the gold ball rolling lower quickly, and then comes a

BLOOMBERG headline [champions of fake financial news & planted headlines]

that sees gold drop about $7 in 2 minutes, with some more “China trade deal”

horseshit … quite frankly today, I can’t keep up with all the POLS & Apparatchiks

that won’t shut the fuck up! … this is a first class clusterfark! … and sure enough,

the scumbag LP’s do their part by blowing bid/offer spreads out the fucking

window, and increasing slippage to “triple fuck you MAX!” … this is

embarrassing … “you go ahead and try and figure out which one of these

manipulators is going to speak next and take the freight train in the opposite

direction in a nanosecond … this is very destructive to markets … this is insane”.

But wait!! … order now and get 3 free knives and … White Houses denies

Bloomberg headline about positive “China trade deal” news … whoops DOW30

… whoops gold … what’s a few nanoseconds anyway? … Bingo, Bango, Boom!!,

and we aren’t even at lunch yet … in all seriousness, how much more fucked up

can markets get than they are now? … wait, don’t underestimate the POLS &

Apparatchiks to be even more destructive, all for the scumbag banks benefit of

course.

We’re getting ZERO help today from the LP crooks & thieves at Turnkey, where I

guess I’m not supposed to notice the doubling or tripling of trading costs to

punch a button … what do we get for this massive increase in cost? … Not a

“Hoover Dam” thing!

But wait … I’m told it’s “duh, market conditions, duh” … amazing coincidence 

though, other offshore houses can maintain bid/offer spreads and it doesn’t

present a problem … I guess they’re wanting to lose money intentionally to specs

via the spread, right? … something here is rotten.

It’s quite a sad commentary, when spot gold is the sanest of the inmates, and it’s

not exactly dealing with a full 52 card deck either … today a perfect illustration of

my premise that today’s so called financial “markets” are nothing more than a

giant money laundering scheme to 1) spread the bank looting to POLS,

Apparatchiks, exchange pooh-bahs, regulators, and various brokerage house

execs, and 2) have the plausibility to say it’s just random fluctuations … and its

traders and investors that get stuck with the shit … well not us, but others.

Today an absolute embarrassment of historic proportions in financial markets on

so many fronts, I can’t even cover them all adequately without writing a 500 page

book … from our perspective, it’s simply pitiful, and trading conditions today

have taken on an episode from the “Twilight Zone” … wait ‘till next Wednesday

and the faculty lounge twits have their turn … this is surreal & this is criminal.

Well, I would have liked to trade today, but then SHTF everywhere at once

… bid/offer spreads ballooned, spikes from hell showed up, and of course specs

get creamed in the process … nothing I look at or trade is now reasonable,

spreads ridiculous … all you can do is sit back and marvel at the abject stupidity

… Europe closed now and it’s the criminal banks in New York running things

now … “yea, good luck with that … I’m sure they’ll be fair” … get me the hell away

from this crap … nothing really left to say.

”… ‘till tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!  

-vegas