Let’s get this DEPRESSION started! … very unhappy there are still banks that
aren’t insolvent, and that Jamie Dimon would like to buy ‘em for pennies on the
dollar, the Lounge Lizards meet today to most likely raise rates some more, in
their fairy tale battle against inflation … “wouldn’t it just be easier to bribe the
math whiz kids over at the Department of Unicorns & Fairy Tales to pump out
more-er-er-er bogus inflation numbers, than to wreck the U.S. economy? … or, if
you bribe one of ‘em you got to bribe ALL of ‘em? … asking for a friend!”
It’s a tough job but somebody has to do it … keep gold DOWN, “Stock Bellies”
propped UP, the dollar sharply unchanged, and then with a straight face tell the
Dictators, Thugs, & world Misfits who pump oil that everything is “fine” … at
some point, even the dumbest of the dumb will abandon U.S. financial assets,
first in a trickle, then a tsunami as it becomes readily apparent the U.S. is the
world’s latest installment of a Grade A+ “Banana Republic”.
And what happens when the world finds out there’s no gold at Fort Knox? … you
know, the gold that was illegally confiscated by FDR back in 1933 by executive
order [E.O. # 6102] AND STOLEN FROM PEOPLE IN THE U.S. … and you
somehow trust these Skunks? … why? … nothing has changed in 90 years and
only gotten worse! … you somehow don’t think your wealth, your IRA’s, your
gold, your bank account, etc. isn’t seen by the government as a source of
revenue? … just remember, they will do it again and they will use a manufactured
“crisis” to take it away from you … “never let a crisis go to waste!” … bottom
line is simple … get your wealth “out of the system” NOW, while you can, NOT
WHEN YOU HAVE TO! … own physical gold OUTSIDE THE U.S. [I recommend
BullionStar out of Singapore], and have at the ready crypto [mix of Bitcoin &
stablecoins that are well diversified], either in a DECENTRALIZED WALLET
[Atomic and/or Exodus are excellent] OR ON A COLD STORAGE THUMB DRIVE
… under no circumstances leave crypto deposited in a centralized exchange in
the U.S., or subject to U.S. jurisdiction … they can be seized in the blink of an
eye by crooks like Biden and his communist crew of bandits that run
Apparatchik alphabet soup agencies.
And so another Lounge Lizard meeting begins, and will end with the screwing of
America’s middle class, just like always … everything they do is for the bidding of
their masters in the Rothchild’s group … who do you think owns the FED? … who
set the FED up? … and as always, come 2 PM EST, all Hell breaks loose as
scumbag banks rip the shit out of everything, and steal more money in 5 minutes
than they have all month [so far] … but, the Lounge Lizards are losing control,
especially over the gold market, as repeated attempts to drive the price down is
repelled by insatiable physical demand from other world central banks.
Most notably those in Africa, Eastern Europe, and of course the Ruskies &
ChiComs, along with India … the world is ditching U.S. financial hegemony, and
the drive towards full de-dollarization is underway at a heightened pace … what
will send gold to the moon? … how about a bullion bank going down? … quite
frankly, if gold were a “free market” like Bitcoin, it would be trading like Bitcoin
and have a price like Bitcoin … slowly but surely, it’s coming!
Well, that escalated quickly didn’t it? … ain’t even to the Lounge Lizards, and
ADP with a mild surprise on private job numbers … well there yea go, simply an
excuse for a good old fashioned fuck job from bullion dealers as a $9 per OZ
“Thelma & Louise” hit job takes out “protective” [bwhahahaha!] sell stops … the
only thing a resting sell stop gets you is the low price for the move … thank you
come again! … of course, if you had a buy order down there it would have been
filled up top, cuz limit orders ain’t limit orders they’re “market if touched” [MIT],
and since they aren’t gonna fill you where you want to be filled, you get screwed
royally … nice work if you can get it.
Other than that, gold slowly crawls higher to hit a reversal high [natch], while
Bitcoin slowly going lower, and don’t look now but crude is at the 68 handle
screaming DEPRESSION INCOMING! … same old bullshit going on in gold, just a
different day … how many reversals does gold get in a day? … price action as
bad, if not worse than yesterday, as I’ve seen an awful lot of “mystery” bid/offer
ticks in the quote box … meaning of course, somebody somewhere got screwed
by a bullion dealer … and they call this shit a “market”?
I’m posting early today, before the Lounge Lizards dazzle us with their brilliance
… no trades in gold today for the PAMM, I’ll pick it up again tonight in the Asian
session if warranted, otherwise if everything is pretty much “baked into the cake”
and nothing much happens, I’ll be back to it early tomorrow AM … and btw, if I
do something after I post and before the Asian session, I’ll do an update blog
“P.S.” … over in crypto land, a very difficult day trading BTC for “The Syndicate”
… trading action was just plain weird … way too many very narrow m1’s and a
chart that looked like it was closed half the day … and then followed by some
price explosions both up & down … very untypical of BTC, and the range was
OK but not great … took a shipload of BTC algorithm buy signal trades, got a
couple of “false positives” that were losers … no big deal, it happens … overall,
though, “The Syndicate” finished UP APPROXIMATELY 0.2% … had to work for
this! … what a grind, what a grind … at some point in the future, it would be nice
if gold could trade freely, without the scumbag bullion dealers manipulating the
shit out of it for the FED … I can dream can’t I? … 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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