SUNDAY UPDATE: CAN THERE EVER BE A “NORMAL” AGAIN?

 

“The “thought police” have you in their sights for extermination!!”

No, “normal” will never return to traditional financial trading markets … not a

snowball's chance in Hell … too much money, too much power, they’ll never

relinquish any of it unless forced to at the end of a gun barrel … the U.S. is so

financially corrupt, all that matters is the “skim” taken from markets by scumbag

banks to pay off POLS, Apparatchiks, regulators, and exchange lightweights

when necessary … so many people deeply invested in the Ponzi scheme of U.S.

finance, Hell is gonna need a new level to put them all into it … if everybody

“does it”, then it must be OK.

Fact is, there’s only one group of markets that are free from government

manipulation, and that’s crypto … sure, “whales” attempt to manipulate crypto

all the time, but in any market going back to the beginning of time itself has

always had this phenomena … nothing new here under the sun … and like

everything else that’s driven by technology & innovation, things change in

crypto often and nothing ever stays “static” … Bitcoin [BTC] of course is “KING”

… pseudo blockchain fiat with a definite limited supply, where nobody controls

the algorithm or has the ability to “cheat it” … in other words, no inflation! … and

in a world where EVERY SINGLE CENTRAL BANK CHEATS THEIR OWN

CURRENCY and debases its value, BTC stands alone to preserve its own integrity

as a “store of value” [SOV] … and like anything that’s free to trade up/down, it’s

value is subject to the whims of the collective marketplace, NOT some

Apparatchik’s wish pursuing an agenda … an agenda THAT ALWAYS sees the

globalist Elites gain, and the public loses.

You can love or hate BTC, what’s the difference? … does the market care?

… what’s between your two ears matters not! … what matters is that it’s a

tradeable market where you can make money … where overwhelmingly the

volume is spec driven, and banks are absent with their manipulations … and if

trading conditions are right, there is no reason not to trade it … the problem

with trading crypto has always been the “gas fees” [commissions] … these fees

are necessary, the industry tells us, to get the transactions on the blockchain

… depending on where you trade BTC, the fees vary widely … generally speaking,

currently the most common commissions are 0.06% of notional per side for

“market orders” [taker fee], and 0.01% for executed “limit orders” [maker fee]

… at current price for BTC, that equates to about $35 for 2 market orders [entry

& liquidation] … quite frankly, that sucks! 

Then along comes IQCENT, and they trade BTC with a 1 or 2 penny spread WITH

NO COMMISSIONS … and for a market that has a 20 Day Range MA of over $1,500

this week, there isn’t another market anywhere that can touch BTC for consistent

movement in price … not even close … any metric you want to name gets

destroyed when comparing that market to BTC at IQCENT … so, don’t sit there

and tell me you want to make money trading and then ignore BTC cuz you only

trade FX or some such bullshit … you’re either serious or not … if not, that’s OK,

just admit it to yourself and go do a crossword puzzle or something.

Gold for its part, caught between a world that demands more of it, and sell side

manipulator bullion banks acting on behalf of central banks who hate to see the

price go up … a gigantic tug-of-war … at times gold trades like a crypto pair, and

at other times it’s a nightmare of manipulation, especially periods of “chop”

… last week’s gold ranges never got close to its 20 Day Range MA, neither daily

or New York session … how long this lasts who knows? … but after strong price

gains, throughout golds history there is consolidation and pullback cuz the

bullion banks got to square their books first … it appears we’re in that period now

… it would be nice, though, to get at least some modicum of price movement that

justifies being in the market, cuz the risk is always there … always.

Directly below, this week’s 20 Day Range MA’s for selected markets.

click on table to enlarge

Onto the upcoming week … OUTTA HERE … “The future’s so bright I need 2 pairs

of sunglasses 😎😎, and my own Brinks armored truck” 💓!!

… Onward & Upward!!

-vegas