SUNDAY UPDATE: SILVER IN THE CROSSHAIRS!

 

“Here we go! … “WallStreetBets” comes for the silver shorts!!”

Oh, won’t tonight’s opening in silver be interesting … cuz in case you’ve been on

Mars for the last week, you should know all about “WallStreetBets” and the chaos

these group of retail spec traders have done to the hedge fund “pros” … and now

they’ve got their sights on spot silver, and the SLV ETF, which according to them

they’re about ready to unleash a massive short squeeze. Directly below, the link

on ZH, from earlier today, on what’s been happening in silver over the weekend.

https://www.zerohedge.com/markets/reddit-preparing-unleash-worlds-biggest-

short-squeeze-silver

All I can say, is that I wish them luck, cuz this is the FED & JPM we’re talkin’ about

here, and of course they got the CNTRL-P machine at the ready, so it’s a lot

different than GME [GameStop] … nothing would make my day more than see

JPM bleed red ink and suffer huge losses, and then the comic relief from the FED

that would follow … I dunno what happens next, but this could be one of the more

interesting Sunday night opens “evahhhhhhhh”, and has the potential to be one

of the most volatile weeks in the precious metals since the Hunt Bros. got fucked

by Government back in 1979 - 1980 … ohhh boy, fasten your seatbelts!

New MT4 upgrade from Turnkey today … they got rid of gold & silver in AUDUSD,

and I won't know if anything is different in crypto until tonight and tomorrow’s

sessions … I’ll write about it tomorrow afternoon.

Tonight sees “The Syndicate” trading in the Asian session, and I’m wondering if

any silver fiasco will spill over into crypto … we’ll see won’t we? … until tomorrow,

I’m full steam ahead! … Onward & Upward!! 

-vegas

THE WORLD WAKES UP TO FINANCIAL CORRUPTION

 

“How Wall Street views your trading account … guess which one you are!!”

And suddenly, the world catches the global elites and their minions on Wall Street

with their pants down, and we get a true & stark reminder of what happens when

the powerful lose money, and dopey specs take them for a ride … and it’s only

gonna get worse … all of this bullshit with “WallStreetBets” has been going on

since the 1960’s in varying degrees, highlighted in the 1980’s with Bud Fox &

Gordon Gecko in the film “Wall Street”, and more recently with the film “Wolf of

Wall Street” … and it doesn’t get any worse than the scumbag LP banks & HFT’s

that are so called “liquidity providers”, and whom we have to deal with every day

we trade … a bigger bunch of fucking thieves you’ll never see, no matter how &

where you look … we’ve been dealing with this shit forever … and so the

questions become, “why doesn’t it stop? … what keeps it afloat? … who benefits

and who loses … why does it keep going on decade after decade and nothing is

ever done”? … EASY PEEZEE: “as I’ve been saying forever, the POLS,

Apparatchiks, & regulators get part of the “skim” under the table to look the other

way … and when sunlight hits these cockroaches, suddenly they get religion and

find “scapegoats” to regulate, and they reassure everyone it won’t ever happen

again … until it does the next time … you just got a prima facie lesson this week

with “WallStreetBets”, and the emperor has no clothes … until there’s blood in

the streets, nothing will ever change"! 

Oh how comforting, Congress says it’s gonna “look into” the why & how of

RobinHood shutting trading down in GameStop [GME] … “OK, while you’re at it,

take a peek into Pelosi’s options trades in Apple, while she directs policy that no

doubt benefits them at competitors expense … nothing to see here Sheeple,

move along! … corruption top to bottom, from the White House to the outhouse,

and everywhere in between … who’s really surprised?

The world suddenly discovers silver! … HI HO! … and I get up today and 2 hours

before the sun even comes up in New York, silver already has a $1.50+ range for

the day, having gone “bat shit crazy” during the last half of the Asian session and

into the European session … and that means only one thing … come the New

York open, be very careful about being long, cuz getting Asia, Europe AND

‘Murica to go in the same direction is rare … very rare … and sure enough, it’s

“break city” come the New York afternoon, and silver is about $1 off it’s high for

the day as I write.

Algorithm trade signals today in XAGUSD for the TURNKEY PAMM /  MAM, and

we’re UP slightly.

It was a decent enough group of signals, the market simply decided not to

cooperate and rally but sit … and when silver sits, I run, cuz I know what that

means and it’s almost never a good thing … quite frankly, though, the day was

ruined beforehand with the blowout of the range in Asia & very early Europe,

and I knew coming in it most likely was gonna be tough to sustain rallies going

forward on a Friday, especially with the “Chuckleheads” bidding silver up the

wall … but hey, money is money and silver is back to generating signals, so

that’s the good news … again today, excellent latency on fills with no slippage, so

I give Turnkey credit for that … other markets besides FX, and it’s a completely

different story … and btw, this weekend sees Turnkey with a major MT4 upgrade,

so it’ll be interesting to see if they keep the same sorry ass LP’s in crypto or they

dump them … if they had any brains, they’d be out the door they’re so bad

… we’ll see won’t we? … I’m happy enough this week to see silver expanding

ranges, which will help us … and with good latency and no slippage with

reasonable bid/offer spread, 2021 is looking brighter by the day … HI HO silver,

away! … “the future is so bright I need sunglasses”!

Over in crypto, as I said yesterday, I’m gearing up for a shift in trading hours to

mainly Asia, where the best and most volatile action is, and is most likely to stay

going forward … no trading today for “The Syndicate”, as I rotate and get ready

for Sunday night’s excursion into excellence … when I eventually get up, it’s

time to focus on silver, and if crypto decides to move I can participate as well, but

it hasn’t been happening lately … “Asia flies, the rest of the world dies”! … that’s

the mantra for crypto, and by comparison U.S. trading hours suck … totally

different in silver most days, where Asia is usually quiet and New York is where

action is focused … not today of course, cuz of the “WallStreetBets” crowd and

their hell bent desire to see silver go exponential to the upside … they certainly

have my permission!

Blog update on Sunday, I’m outta here … I’m full steam ahead!

… Onward & Upward!! 

-vegas

“WALLSTREETBETS” … STICKING IT TO A CORRUPT SYSTEM

 

“Exposing the corrupt Wall Street cabal! … great, now work on gold & silver!!”

Some “Big girl panties” are getting bunched up rather tightly around Wall Street

these days, thanks to a group of retail specs known as “WallStreetBets”, whose

goal is to find the most heavily shorted and POS companies that hedge funds are

short, and then “ramp” the shit out of price and make ‘em bleed … so far, 2 hedge

funds are bust from buy raids in GameStop [GME] … “oh, and the elites are

pissed”! … hey, we’re supposed to do that to you, the retail spec dopes, not the

other way around where us “pros” take the sharp stick up the nose … cries for

Gubermint to do something will no doubt provide comic relief.

And oh boy, here we go with the “unofficial” official retaliations against the specs

… “haven’t seen this level of pure horseshit since the Hunt Bros did silver back

in the day … and giddyup, here comes both RobinHood & Interactive Brokers

BANNING trading by clients in GME, along with “convenient” internet outages on

the East Coast! … nothing like free markets, huh”?

OK great, now turn your attention to the scum operating FX, most notably the

dirtwads known as bullion dealers … as many have said for so long, if everybody

went out and bought 1 silver 1 OZ. coin, the bullion banks would be bankrupt from

their shorts … should be interesting to see if they have their sights on SLV & GLD,

the ETF’s for silver & gold respectively … “hang on while I wipe a tear away from

my eye thinking of JPM, Squid, HSBC, or Citigroup going bankrupt … OK, I’m

better now”! … and from my lips to God’s ears, here comes the ZH article about

maybe they’re gonna do just that … it just gets weirder, weirder-er, &

weirder-er-er-er every frickin’ day! … and hoo boy, there goes silver HI Ho right up

the frickin’ wall … some days you can’t make this shit up and have anybody

believe you, but here it is!

Quite frankly, the entire premise of “The Wizard of Oz”, was not some fairy tale

adventure about a dopey girl named Dorothy, but a warning of the destructive

influence of the FED on American society … and that was 80 some years ago!

… how much worse it is today via open CNTRL-P for the global elites, the

0.0001%? … dirtbags like Gates, Bezos, Buffet, and their hedge fund bud

billionaires … while ‘Murica’s lower & middle classes suffer mightily from

government pandemic hoax bullshit, and get thrown scraps of bullshit like a

$600 “stimmy” check, these assholes reap billions from FED largesse &

corruption … “WallStreetBets” turns the tables on these assholes and says,

“How do you like us now”? … goody, hoorah for them! … I for one, am tired of

the manipulation bullshit the elites of finance have erected for themselves, and

welcome its destruction as quickly as possible … and IMHO, while it’s just a

start, crypto is already there!

It should come as no surprise they are retaliating today, cuz they don’t want

“fair & honest” markets, THEY WANT & DEMAND A FUCKING RIGGED CASINO,

and just guess who you are in that casino? … if you ever needed proof the U.S.,

is as corrupt & immoral as the next dictatorship, well here ya go!

Today sees silver go “bonkers” to the upside after a slow Asia & early Europe

market sessions, the fireworks starting right after 8:30 AM EST this morning,

and the end result [so far] is a $2+ range for the day … but, and this is a very big

“BUT”, the scumbag bullion dealers let you in, but be very wary of overstaying

your welcome, cuz when order flow & the euphoria of the price explosion

upwards is over & the buy fuel spent, HERE COMES THE FUCKING PAIN!

… remember, they have unlimited FED funding to sell into, so it’s never a question

of anything to do with silver, it’s ALWAYS a question of how much “buy fuel”

there is from specs before the BINGO!, BANGO!, BOOM! lower that inevitably

comes next … and looking at todays action, the “smackdown” came shortly after

18:30 server time, and now silver is off over a $1 from its highs for the day.

It would be nice to see expanded ranges and a healthier trade, but we’ll have to

wait and see if this can be sustained or whether it’s a “one hit wonder” to screw

retail specs looking for the next great silver bull market … you know, the one

silver bugs have been looking for over 40+ years now … trade it, don’t date it!

Yup, and I’d call the action today some upside “MOMO wind” at the longs back

… let’s hope it continues for a good long while … one really good algorithm buy

signal today in XAGUSD … the TURNKEY PAMM / MAM UP SLIGHTLY MORE

THAN 0.1%

As bad as Turnkey is in crypto, CFD’s & “Stock Bellies”, they’re the exact opposite

of that in FX … good latency with no slippage today in silver, just what I want to

see.

Over in crypto, no trading for “The Syndicate” as I missed last night’s action cuz I

fell asleep and never woke up … I’m gonna need the weekend to switch sleeping

arrangements and get the hours right, cuz I simply can’t do it on the fly … so yea,

we missed a good night, but it’s only one day, so whatevs … I’ll change hours

come Sunday night to take advantage of the “Chuckleheads” … in addition, I’ll be

looking at my 5 favorite pairs to choose from for the day, and decide which to

trade … LINKUSD [ChainLink], ALGOUSD [AlgoRand], ADAUSD [Cardano],

UNIUSD [Uniswap Protocol], and DOTUSD [PolkaDot] … these 5 are my favorites

not only for HODL-ing, but for trading as well … all are really good movers and

approximately 2X - 3X more active and volatile than BTC or ETH … so yea, they

frickin’ move, and they move “pure”, without a lot of the chop-chop we see in

BTC & ETH … quite frankly, over the next 3 - 6 months, I don’t see big gains for

the top 2 dogs, but instead some major chop up/down frustrating the shit out of

traders that stick with them … IMHO, the action is in these 5 alt-coins, and they

offer us really great trading opportunities via the MODIFIED TUNNEL TRADING

[TT] ALGORITHM.

Onto tomorrow and I’m hoping silver stays “Hi-Ho!” … if it does, the PAMM / MAM

can look forward to many profitable days ahead … the trading algorithm is simply

worth more than gold bars, it nails these markets to the wall! … hopefully only a

couple of more weekends and it’ll be done, and ready for release.

Until tomorrow, I’m outta here … I’m full steam ahead! … Onward & Upward!! 

-vegas

WHEN DOES THE SCAM END?

 

“Preezy Depends on his leash!”

Well, the political scam known as the “U.S. of China” isn’t ever gonna end,

and unfortunately the country is over … it hasn’t even been a week and already

Creepy Uncle Joe has signed more E.O.’s [executive orders] than other Preezys

combined … the most insane E.O., the one that bans the use of the term

“China virus” … I guess his master doesn’t like that much … “does this sound

like a “democracy” to you”? … even dictators don’t do this! … but the “scam”

I’m talkin’ about is in the financial realm, cuz in reality every bit of trading once

action reaches the Wetern Hemisphere and U.S. shores, is nothing but “protect &

defend” and one large money laundering scheme that moves money from traders

of all stripes to banks, which then goes to POLS, Apparatchiks, & of course

regulators, under the table or in Bitcoin e-wallets.

The latest insanity involving a stock called “GameStop [GME]”, that’s gone from

0 to almost $400 on millennial “Stimmy” checks from Uncle Sam to bucket shops

like RobinHood, and now the world is coming apart at the seams cuz hedge funds

who are short the POS are going under and need rescuing … “does this look &

sound like a stable financial system”?

Another day, another “Asia flies, the rest of the world dies” meme at work,

however we’re told today is cuz it’s “FED decision day” and traders are holding

off ‘till 2 PM EST, when the Oracles in the Eccles Building release their fairy tale

assessment of all things financial … FUBAR on steroids, and what do the faculty

lounge Lizards do about GME and the buckets of blood from the elitist

community? … do I smell bailouts coming?

The absolute dearth of volatility in traditional markets, followed by volatility

super-nova explosions, is stunning, as the manipulators continue too “stick it” to

those stupid enough to hang around and try and trade anything FX or

“Stock Bellies”, cuz they are getting chopped to death day-after-day and feeding

the scumbag LP bank manipulation machine, and then get stuck in one of these

VIX explosions that blow their accounts to bits in literally minutes if not seconds

… it’s sickening to see once great & vibrant markets reduced to F-ing corn

spreads, then at the snap of fingers a craps game in Las Vegas … one look at the

criminal behavior today in the metals, with the usual running and raping of sell

stops, followed by the viciously fast rally, and it’s another great day for the

scumbag bullion banks at retail spec expense … seriously, who needs this

bullshit? … when does this scam end? … hell, silver is where it was 6 months

ago, and in the interim specs mauled to death.

The only markets left are crypto, and if you’re not trading them you’re making a

very big mistake, cuz they’re the only relatively “honest” group of markets left to

trade … and quite frankly, with no pleasure in saying this or engaging in

hyperbole, the U.S. is meaningless to crypto and pretty much all of the worthwhile

trading action is coming from the Asian session into the early European session

… from then on to the New York afternoon close it’s a bucket of flaming shit

… today no exception.

Meanwhile, over in the energy complex, nat gas sits and in crude it’s “Lottery

Wednesday” via crude oil inventories, so no need to bet on the ponies, just lay a

crude oil bet and pray … what a fucking joke … but, to be brutally honest about it,

this is what U.S. markets have become … a joke … with a political establishment

hell bent on destroying the country but enriching the 0.0001% via the CNTRL-P

machine, what do you really expect to happen? … the reason they all hate crypto

is simply cuz THEY CAN’T CONTROL IT!

As for trading today, it would be nice if gold & silver could actually reflect reality

now & then, instead of being under the yoke of the sell side manipulators, but it is

what it is, and the brutal reality of the metals is you need the “MOMO wind” at your

back when you get long, or you risk getting hunted down and stopped out

… thanks but no thanks, we’ll wait and capitalize when appropriate.

Over in crypto land, both BTC & ETH are taking on monolithic trading schemes,

where the “whales” are adopting the same manipulative practices as the central

banks in other markets not crypto … in the alt-coins, this is very much NOT the

case, and as I said the other day my favorite is DOT [PolkaDot] … here,

“fear & greed” the overwhelming market drivers of price, and these alt-coins like

to run … too bad they crawl during U.S. hours.

Starting today [tonight actually], I’m going to be shifting my crypto hours for

“The Syndicate” … I want to be there when the “Chuckleheads” move crypto,

then come back during U.S. hours when I’ve gotten some shut eye … it should be

much more profitable for us, cuz quite frankly I’ve had it up to my eyeballs with

bullshit U.S. trading conditions in just about everything.

I think we’ve reached the tipping point with LP based trading platforms versus

“open order book” platforms, and the trading world is voting with their

pocketbooks by moving to “open order books” … these thieving asshole LP’s

provide ZERO transparency, ZERO accountability, horrible bid/offer spreads,

“fuck you” slippage on MT4 or MT5 platforms, along with ALL of the proprietary

platforms that mirror Metatrader, versus the exact opposite on the “open order

book” platforms … the difference is night & day!

I didn’t do any trading today in anything … at Turnkey the metals are a joke, and

over at PHEMEX, pretty much all the action in DOT happened overnight, so not

really anything to do waiting for the feckless Dopes from the FED to roil markets

later … onto tonight’s Asian session … “Go Chuckeheads!!” … we’ll see what

happens.

Until tomorrow, I’m outta here … I’m full steam ahead! … Onward & Upward!! 

-vegas