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Sunday, June 21, 2020

SUNDAY UPDATE: FINANCIAL “MARKETS” HAVE NO CLUE

“Central banker icon!”

I use the term “markets” loosely, defined not as you think of them in historical
or normal terms, but simply as propaganda indices or prices used for
behavioral control over populations of Sheeple that have been “dumbed down”
to the point of hysterical laughter … and nowhere is that more noticeable than
in ‘Murica, where the groupthink mantra of the day is, “if stocks are going
higher [especially NASDAQ FAANG STOCKS], then everything is A-OK”! 

I do think, though, that the unhinged Leftist mob, made up mostly of pasty white,
upper middle class, SJW wannabes, from upper income families, need to find an
appropriate “uniform color” to set them apart … what with Mao’s “red shirt
brigade”, and the “Brown Shirts” of Nazi SA fame already taken, I guess the only
thing they could think of was all black … but hang on a sec ANTIFA, that’s
“cultural appropriation” … what gives you the right to wear all black? … I’m sure
somebody somewhere of color is “offended” by this.

I’m still waiting for one “Cankles Clinton”, chief matriarch of the Clinton Crime
Family, to answer the question of why she went to “Yale”, when she knew full well
it was founded by a 17th century slave trader named Eli [Elihu] Yale? … “I mean,
how could you”? … isn’t it amazing how the goalposts shift for political
expediency, and the rush for raw political power and MONEY? … cuz after all, if
you have to pander to a bunch of Dimwit children just to get your base off your
back cuz they vote, then that’s what you do … this is what’s known in ‘Murica &
other major democracies, like the U.K., as “leadership” … really, you don’t know
whether to laugh or cry.

Directly below, this week’s “VIX MATRIX TABLE”, followed by the 20 Day Range
MA’s for selected markets.

click on ANY table or chart to enlarge

FX
GBPJPY


I’ve added GBPJPY to the list of markets cuz I’m trading it … outside of crypto,
it’s the only major market with IVIX & LOW COST TO TRADE … only Bitcoin
[BTCUSD] & Ethereum [ETHUSD] are better ... their coverage is on the sister
blog site traderzoocrude.blogspot.com and I invite you to look into trading either
of these pairs at COINEXX … some updated news over there, so check it out!

GBPUSD


EURUSD & EURJPY


AUDUSD & AUDJPY


USDCHF, USDJPY, & USDCAD


PRECIOUS METALS
XAUUSD


The scam continues in the gold market … and as I have said before, it’s like
POLS who have “toll roads” in their states, and then when the bonds are paid
off, they keep the tolls on cuz they like having free money … no different here,
as the scumbag bullion banks think you’re too fucking stupid to notice that
you’re getting ripped off to the MAX via the bid/offer spread on XAUUSD
… quite frankly, this “traders tax”, to pay for the banks getting stabbed in the
back by the FED when they changed interest rate policy abruptly, is OBSCENE!
… why should traders have to pay for your short losses? … and the total
bullshit excuse for this continued ripoff just gets more laughable as the
days / weeks go by … these people are thieves & crooks, and while I’m not
optimistic they change their ways anytime soon, competition is brewing in
the Pacific Rim, where actual physical spot futures are becoming more
mainstream, and this unallocated paper bullshit from the London banks is
losing business … maybe someday they wake the fuck up, but don't count on
it … by far and away, gold is the worst market you can trade right now bar none!

Onto the week … until tomorrow mi amigos … Onward & Upward!! 

Have a great rest of your weekend everybody!

-vegas









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