“One step closer to Venezuela!”
Only 8.5% inflation now versus last month’s 9.1% figure … there, inflation fixed
now, so move along Sheeple, nothing to see here! … good grief, what a frickin’
joke all of this is … and the “peak inflation” propaganda goes out across the
fruited plain … Dr. Goebbels please pick up the white courtesy phone!
Let’s see, 400+ index point up move in about 2 microseconds in the DOW30
… spreads blown to shit to a completely laughable 20+ index points after the
CPI release … then 2+ hours into trading after the criminal, money laundering
NYSE open, and we can barely get 100+ points from the tips … if you ever wanted
“speed of light … crickets”, here it is … gold not much better, seeing the spread
there go to about 80 cents … now somewhat back to normal just after the London
Fix, although it’s still approximately 15 cents higher than SIMPLE FX, for the
EXACT SAME XAUUSD … AND ONCE THE DUST SETTLED IN GOLD, IT’S BEEN
A CHOPFEST INSIDE A SMALLISH APPROXIMATE $4 - $5 RANGE, as the world
versus the scumbag bullion banks rages around the $1800 per Oz. level,
up / down like a frickin’ yo-yo on steroids at times … all-in-all, not a lot here to
chew on for gold … lower interest rates helps, a BS report showing slightly less
inflation not helping, and thus the battle lines being drawn inside a very tiny
“Flying Wedge of Death” [FWD] … I will say, though, gold seeing better trading
action than the DOW30, and responding better to the 10s Netdania candlestick
chart with alligator indicator.
And of course, the London Fix sees highs for the day in just about everything, and
then it’s “screw Europe” once again with a sell-off … another amazing
“coincidence” we see play out via the manipulators, as they have no worries
about consequences or repercussions from anybody in power … as long as they
get their skim cut, the “Three Bind Mice” [POLS, Apparatchiks, & regulators] see
nothing, hear nothing, and sure as Hell won’t say anything … nothing like
“Banana Republic” markets [cough, bullshit, cough] for the masses.
Having blown order books to pieces, once Europe closes and we’re into the New
York afternoon, it’s nothing but drift and “scumbaggery & fuckery” from the usual
suspects on Wall Street … we go from bat shit crazy [BSC] to “snoozefest” in
literal minutes … gold not much better.
Post CPI report, there was only one decent sell-off that saw any kind of good buy
signal in the DOW30 … TURNKEY PAMM UP FRACTIONALLY … and I might add,
with a 3 index point spread, Turnkey’s LP’s saw fit to add slippage of 2 index
points OVER AND ABOVE the spread, thus making the effective spread 5 index
points … good grief, do you think that’s enough of a cushion to insure making
money? … what a bunch of thieves … and after that, seeing the kind of bullshit
I’m facing today with these scumbags, I threw the towel into the ring and basically
said, “F OFF fellas, I ain’t playin’ your 5 index point spread slot machine!” … what
a frickin’ joke, and as I’ve said before, when they feel “threatened”, meaning
somebody might pick them off for a quick scalp profit, they fight back with
TRIPLE “F YOU” MAX SLIPPAGE to make sure the scalp is yours, not theirs
… and if you go along with this idiocy, by continuing to trade, you might as well
just hand them money.
Gold no bargain today post CPI report, as once again Turnkey’s thieving bullion
LP’s blow the spread out and keep it there, well above 30 cents [I saw an 80 cent
spread at one point] for way too long after the report … meanwhile, SIMPLE FX
sees a gold spread consistently in the 20’s [cents] and sometimes LOWER, thus
making Turnkey at least 12 - 20 cents ABOVE for their spread … “sure, let’s hand
out money to scumbags, right?” … and once the CPI report came out and buy
stops got triggered above 1800, and then quickly retreated back below 1800, with
a widened spread and nothing but “chop suey” for price action, gold quickly
became another slot machine in the casino with a lousy payoff … quite frankly,
that’s what “speed of light … crickets” is all about … you get killed with the
lightning strike, and then can’t make anything back when the “Loser Formation”
shows up and the market goes “snoozefest” sideways leaving you sitting there
and mumbling to yourself, “WTF is this, why can’t you frickin’ move!?”
Still, it’s better than the bullshit over in FX, where again today the Japanese Peso
[a/k/a YEN] puts in another multiple hundreds of PIP move, with of course vastly
higher spread & slippage … you’d be better off trading the Mexican Peso … now
into mid afternoon, there simply isn’t any interest in either gold or the DOW30 as
it drifts aimlessly … signal parameters are on top of each other, there’s no
separation, and whatever price you get stuck with [buying or selling], good luck
getting out of the spread plus slippage … ugly, just plain ugly any way you want
to slice it.
I do feel like we’ve finally got 2 markets the algorithm can work with for excellent
profitable results, which in and of itself is a victory, but there isn’t anything I nor
anybody else can do when SHTF and you get 6+ sigma M1’s that blow the shit
out of anybody on the wrong side of the equation, and end up not like any kind of
“market” where there’s actual trading, but instead it’s just a roulette wheel to get
burned at … unfortunately, we have to deal with scumbag LP’s and/or HFT’s to
trade, and when they change the rules there isn’t anything we can do about it
… on the other hand, most days don’t see the kind of bullshit we see today
… onto tomorrow.
… outta here … “The future’s so bright I need 2 pairs of sunglasses 😎😎, and
my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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