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Sunday, March 6, 2022

SUNDAY UPDATE: THE WORLD IS IN A DIFFERENT PLACE

 

“Kansas ain’t an option any longer!”

The fall of the former Soviet Union in 1989 - 1990, gave the west all the time it

needed to put the world right … it utterly failed! … and the reason it failed you

can place right at the feet of the following crime families … Clinton, Bush, Obama,

and now Biden … only one 4 year respite cuz of Trump that was a mere

interruption … first Clinton gave away U.S. technology to the ChiComs, then we

had 8 years of the RINO Bush family that oversaw and did nothing but erode

personal freedoms, followed by 8 years of Chalky Sotero that saw Vlad & crew

take over Crimea, give away the store to Iran, and embolden China … meanwhile,

they all stood there and enriched themselves and family … quite a legacy.


And what happens when world leader “bad actors” sense weakness in western

POLS? … does Neville “I bring peace in our time” Chamberlain ring a bell? … and

with the biggest Dope ever seen in history now Preezy of the U.S., and after the

utter debacle in Afghanistan, who’s surprised Vlad has decided to walk right into

Ukraine? … and who will be surprised when Xi decides it’s time to take Taiwan

back? … I see in today’s news, that Zelensky of Ukraine is utterly heartbroken

there’s no help from NATO, going to be no “no fly zone” over Ukraine like he

wanted … in other words, no REAL HELP from the U.S., except some crooked

weapons deals that make POLS families rich, and we’ll all wear a “ribbon” on our

lapels for emotional support … chalk up another one who is going to realize too

late, if he hasn’t already, that U.S, support in good times doesn’t mean Jack Shit

at crunch time … maybe he should have asked some folks in Afghanistan first

how U.S. phantom support worked out for them before sacrificing his country

over “blah blah, yada yada” bravado that wasn’t ever going to happen

… unfortunately, it’s a little late now.


And now, central banks are really in a bind … they need to raise rates to combat

raging inflation, but can’t cuz of math on the national debt, and the fact that

soaring food, energy, and housing bills are like a gigantic tax on the economy

… and so here they are, forcing rate increases at a time when economic

contraction is about ready to bite hard … talk about a bunch of complete fuck ups,

here ya go … been doing it since 1913! … so there’s really only one solution, and

that’s to let inflation roar and blame everybody else, like a true POL and/or

Apparatchik … and that means only ONE MARKET STANDS ABOVE THE REST,

and that’s gold.


Quite frankly, it’s happening faster than I thought, but that’s the way history is

at inflection points … directly below the 20 Day Range MA of selected markets

… gold this week going over $30, and I’d be surprised to see any pullback into

the low 20’a … we’re about to hit ATH is gold, it’s only a matter of time … and

from there, look at the roadmap of platinum & palladium, and you’ll soon realize

there’s an awful lot of room on the upside for price gains.


click on table to enlarge

Tonight sees me tackle the first part of the Asian session, skip most of the

European session for shut eye, and then be ready for whatever happens in

New York … it’ll be interesting … outta here … “The future’s so bright I need

sunglasses”!! 😎😎 … Onward & Upward!!


-vegas






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