It takes a special kind of sociopath to be in government, or worse yet a paid
Apparatchik hack with an agenda … Fauci lied, people died! … just another
example, in the never ending stream of lies & propaganda fed to a gullible public
more interested in “bread & circuses” than the scumbags out to control your life
… take your pick from the D.C. “swamp” of scum that floats to the top of the food
chain, AND like the parasites they are, their purpose in life isn’t to help you
… from the FED to the CDC, from the White House to Congress, and literally
ANYTHING coming from the MSM, nothing but lies, propaganda, and more bullshit
than a normal human can comprehend.
ADP numbers out, and it’s a miss to the upside … should put some pressure on
gold via higher rates, and quite frankly gold could use a pounding, but we’ll see
… ISM numbers at 10 AM EST might affect “Stock Bellies”, which like gold has a
case of jitters this morning … trading action, though, still sucks, cuz there simply
is no flow to price whatsoever … it’s all “Speed of light … crickets” until next time.
And the next time, is a well placed propaganda piece by the MSM, the
Washington Compost to be exact, enlightening us that President “Idiot Boy” will
make concessions on corporate taxes to RINO’s … and off to the races go “Stock
Bellies”, natch, crushing shorts aided no doubt by the “Plunge Protection Team”
[PPT] adding fuel to the fire … and as I said in earlier blogs, gold has a date with
gravity, and today is that day, as LONGS get crushed via their sell stops from ANY
position taken in the last 10 days … ugly? … no, butt ugly!
So now, with a race to the lows in “Stonks”, followed by a bigger race to a new
high for the day, I’m pretty sure the manipulators in “Stock Bellies” are getting a
good chuckle … over in gold, not so lucky and I’m left wondering if this whole
episode of a $40+ ass kicking in gold from today’s earlier high in Asia is FED led,
via the “Rally Protection Team” [RPT], with the SOLE PURPOSE to allow the
scumbag banks like JPM & Squid the opportunity to cover shorts before Basel 3
kicks on July 1? … and if that’s the case, gold’s got further to go on the downside
before the rally continues.
One algorithm buy signal in gold today … TURNKEY PAMM UP SLIGHTLY.
When the ass kicking got going in earnest in gold, I knew once we passed the
$30+ range mark for the day, that there would be a high probability of only one
decent buy signal before chop sets in with dangerous conditions if you’re long
… gold isn’t the place to say to yourself, “aw gee whiz, this can’t happen can it”?
… it didn’t help getting slippage from hell from Turnkey’s thieving LP on
liquidation either … “Stock Bellies” a nightmare of slippage and bullshit
bid / offers, and the thieving in this market beyond the pale today, and that’s
why I avoided it … “these people should be in jail”.
Over in crypto land, the alt-coins stuck in “sick mode”, barely moving in any
worthwhile way … multiple trades in ONTUSDT for “The Syndicate”, and we’re
UP SLIGHTLY … conditions are a far cry from a week ago, as the sideways
consolidation of crypto continues, led by BTC & ETH.
Today, no better example of “speed of light … crickets” in both gold & DOW30
… bat shit crazy action for about 60 - 90 minutes, and then it was like somebody
flipped the light switch to off, and both markets died within seconds … “Loser
Formation” time, as the main function of New York trading is simply “skim”, and
the more “churn & burn”, the more skim to feed the scumbag POLS,
Apparatchiks, & regulators looking the other way … simply inconceivable markets
can die like this by accident or coincidence … Nope, they’re manipulated that way,
and when the banks are positioned right the markets move, and when they want
VIX to die, it not only dies, it’s cut into pieces and the ashes spread … now specs
are caught in the bullshit game of “can I even get out of the fucking spread” in
this shit position I’m in? … and the answer is NOPE!, not until you click a button
so we can shove slippage up your nose … and that’s the game in a nutshell
… today, upon seeing price die on the vine, I immediately stopped looking for a
trade, cuz I know what happens next, and I ain’t gonna like it … gold the worst by
far … sure enough, chop city to frustrate the living shit out of even the most
patient of us, as these assholes continue to refuse to let markets trade … what
does a signal mean caught in chop? … nothing, that’s what it means!
Seriously FUBAR manipulated markets … outta here, until tomorrow … “the
future’s so “GOLD”-en bright I need sunglasses”! 😎 … Onward & Upward!!
-vegas
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