They give us “proof” every single day, pandering to the moneyed Elites of their
base … simply view the “debt ceiling kabuki theater” going on as proof … and
while the Idiots in “The Swamp” send hundreds of billions to shit boxes like
Ukraine, where it’s siphoned off faster than Biden farting after his pudding and
diaper change, millions of Americans suffer from their delusional policies
… and yet, the Sheeple Dopes inside the U.S. keep voting for the same
Corruptocrats election after election … you were expecting a different result
this time?
And the cumulative effect of all of this is starting to erode traditional markets,
where nobody sees or uses the term “fair & honest” in the same sentence cuz
it’s so ridiculous on its face … only when one of the Goebbels Apparatchiks
appear on state run, NORK biz channels like CNBC or Dumberg will you hear
the official party line about markets, particularly “Stock Bellies” … it’s come
to this.
STIRS going orbital this AM on 1) debt ceiling talk collapse, and 2) jobless claims
[yes, it’s come to that level of stupidity] were much lower than consensus … as a
result, gold gets monkey hammered down to support at the 1940 level “el quicko
mucho”, and of course when this type of shit happens it’s the Loser Formation
that takes over and gold can’t move anything but sideways as the scumbag
bullion dealers will not allow anybody who got caught in the waterfall to make
money back, at least for today … in other words, you’re screwed if your long
position got butchered on the sell stop underneath … cuz here’s the deal … when
the HULL204 is pink, algorithm buy signals from the Supertrend and the Fisher &
volume weighted MACD are short and don’t last long on average … and the
spikes lower are killer if the trend continues … who thought jobless claims
sends gold $20 lower into sell stops? … and that’s problem #1 with gold when
Hull is pink … and lately, corrective activity when HULL is blue has been few and
far between … it doesn’t correct, it just keeps going lower turning the HULL pink
… and so when gold starts going lower you have to be cognizant of not taking
the buy signals when Hull is pink.
Some movement in BTC, but so far only about half of what we had yesterday
… still, some decent movement inside the range up / down, and while it could be
better, it is what it is.
No trades today for the PAMM in gold, as the too often familiar “speed of light
… crickets” on jobless claims [what a joke], and then the Loser formation for the
rest of the day … all too typical … multiple trades in BTC, where “The Syndicate”
is UP APPROXIMATELY 0.3% … just a grinder day with a subdued range … 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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