Wow, that’s some inauguration Preezy Depends! … if this guy were handing out
$100 dollar bills, he couldn’t fill a fucking phone booth … I haven’t seen this
much excitement since Breshnev addressed the Politburo … what a crowd, what
a crowd … 30,00 troops and not even 100 Sheeple to listen … but this is the guy
that got 81 million votes! … uh huh, sure he did … what a fucking farce this
whole charade of an “election” foisted upon Sheep, who are more concerned
about football [bread & circuses] than their freedoms … they drag this Dope out
of his basement, throw on a nice new shiny suit from Men’s Warehouse, give him
a Vitamin B shot, and hope he remembers who he is … he’s a perfect parody of
himself and the entire corrupt “swamp” he represents … good luck “U.S. of
China”, you’re gonna need it!
Meanwhile, somewhere in “Camp Baghdad”, which used to be known as
Washington, D.C., the Manchurian Candidate’s goons are huddling in secret to
figure out how the bumbling idiot goes away … “hey Creepy Uncle Joe, be careful
not to eat pudding that tastes like almonds, and stay away from the Clinton’s!”
… just sayin’ … whatever their faults, at least the Nazi’s, Mao, & Stalin could fill a
room or stadium with sycophants … without Dunkin’ Donuts there, I count about
5 people in the crowd to cheer on “Fearless Leader” … welcome to the
“new norm” Sheeple!
Welp! … one thing is perfectly clear today over at Turnkey … and that is, they
have no commitment or desire to provide ANY competitive crypto market for
clients … every single pair is a “RIP OFF” … so quick their LP’s are to blow
bid/offer spreads apart at the slightest hint of any market moving, even if you
get a somewhat decent price getting in, you quickly realize getting out is either
gonna be a horror show [losing position] OR you’re getting taken out back, and
first raped then shot in the head, as you realize your profit is lagging badly cuz of
a blown out spread … and from the long side, that means the bid doesn’t keep
pace and you get royally screwed … add it all up, and do some cipherin’ on the
back of a napkin, and you see it takes 3X+ as many winners to losers JUST TO
BREAKEVEN … not many people can bat 0.800 [4 out of 5 trades for you JoeMala
voters] and only BREAKEVEN and then survive … what a deceptive shitshow
circus.
Well, when handed “lemons”, the only thing to do is make lemonade! … and while
I would prefer not to, I don’t have a choice in the matter either, cuz the scumbag
Turnkey LP’s simply cannot and will not make an honest market in crypto versus
the “open order book” platforms … not even close. And I’m not likin’ the way gold
trades either, cuz that shitshow circus is almost as bad as crypto … but, at least
most of the time, conditions in SILVER are better … that’s not to say that silver
doesn’t have its moments, cuz it does, and it can get “butt ugly” in a hurry when
JPM goes huntin’ for sell stops … but overall, it’s a better market than gold … and
quite frankly, it’s more undervalued relative to gold than at any time in the last 50
years … silver’s only UP by about 20X versus 50 years ago, whereas the criminal
FED has debased the currency in the same time period by 98%+ … do the math
Skippy, the downside in silver is very limited, and I doubt seriously if it ever goes
back under $20 per OZ. ever again … maybe on extreme liquidation it could
happen, like last March when the criminals took it down to about $11 on the
pandemic hoax … but even if they did it again, it’s a screaming buy and the world
knows it … so, hi-ho SILVER!, here we come! [meanwhile, crude oil suddenly
discovers a 4 cent spread … screw that Turnkey!]
Currently, silver has a 20 Day Range MA of about 88 cents per OZ. … today sees
a range of barely 40 cents … that’s 50%+ lower than average, and the daily chart
today more than likely sees a “doji” pattern at the close … simply not a good day
for trading anything in the metals, cuz it’s simply a chopfest inside a very tight
“Flying Wedge of Death” [FWD] … but given the potential for gains in this space,
silver is every bit as good a candidate for triple digit percentage gains with the
Communists in power as Bitcoin & Ethereum … maybe better … I’ll be trading
silver from the LONG side only via the trading algorithm … it’s too bad crypto is
such a disappointment at Turnkey, and all we really saw from them was the old
“bait & switch” bullshit, where they have excellent spreads at the start to get you
hooked, but then pull the rug out from underneath everybody once you like trading
it … as if you wouldn’t notice a $5 spread in ETHUSD, while the rest of the world is
at a “total cost to trade” of about $1.25 - $1.40 … tonight sees me over in silver.
Over at PHEMEX for “The Syndicate”, we’re up fractionally trading ETHUSD via
the algorithm trade signals today, but quite frankly I’m not happy with the way
ETH is trading, as its trading conditions are very irrational & chaotic, with massive
price swings coming out of nowhere, both up & down … more than likely,
tomorrow sees me trading DOT [Polkadot] instead of ETH, where trading
conditions have been simply super … we’ll see … no matter though, all we really
need is CONSISTENT VOLATILITY, and not “bat shit crazy” to “sleepytime” and
then back again … DOT is better at that than either BTC or ETH.
Sorry I have to “pull the plug” on Turnkey’s crypto offerings for the PAMM / MAM,
but they’re worse than “they totally suck” … might as well drive down the highway
and throw Benji’s out the window, cuz that’s the reality … who wants to hand
these assclowns free money? … right, me neither! … so onto silver which will be
very good to us, and hopefully crude gets its act together or it can join crypto!
… I had hoped that BCHUSD could be good in the crypto space, but today pointed
out in spades just how wrong that scenario would be for us … they’re simply
crooks, but what else is new?
Until tomorrow … I’m full steam ahead! … Onward & Upward!!
-vegas
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