“The undeniable fate of the U.S. Dollar!”
The U.S. is headed for the “Thelma & Louise” financial cliff, and there is literally
ZERO political will anywhere to prevent it … every POL & Apparatchik is only
interested in lining their own pocket first before financial Armageddon … “WTF
do you think gold & silver are telling you? … and isn’t it convenient of the
scumbag bankers / bullion dealer banks to make XAUUSD & XAGUSD totally
untradeable via horrendous slippage and outrageous ripoff bid/offer spreads,
so the vast worldwide trading public can’t participate unless they want to line the
bankers pockets first? … in trading, NOTHING happens by accident or
coincidence”!
For their part, “Stock Bellies” are almost as bad as gold & silver, and while the
spreads are somewhat better, they’re nothing to be happy about ... fact is, you
can’t do any size whatsoever without suffering huge & substantial slippage from
the scumbags who pretend they are “liquidity providers” … LP’s my ass
… “that’s like describing Al Capone as in the entertainment & leisure business”.
And with the entry into the killing fields of trading comes the “Robinhood
Dopes”, infecting NASDAQ with levels of stupidity that can’t be measured
accurately, making trading the NDX100 a true nightmare … and by proxy, the
DAX30 dutifully goes along for the ride and has similar problems.
And while the other major FX pairs are no thing of beauty, stacked up against the
complete idiocy of the U.S., they look “Hoover Dam” good, thus the major
explosion of the dollar lower … throw into the mix fiat QE infinity from the faculty
lounge Twits at the FED, and the world is just beginning to come to grips with
hyper inflation in the future hitting the U.S. HARD … trillions being added to the
national debt, and this is a train wreck waiting to happen … not if, but WHEN?
… and trading in the FX space has just started to get “interesting”, meaning VIX
& IVIX [hopefully] kick it into high gear in the months & years ahead … and so,
my “Plan C” [Cable] has now become “Plan A” … better liquidity, better volumes,
better spreads, and much less slippage … both indices go to the back burner for
now.
Directly below, the 20 Day Range MA’s for GBPUSD, DAX30, & NDX100.
GBPUSD
click on ANY chart to enlarge.
DAX30
NDX100
… until tomorrow … Onward & Upward!!
-vegas
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