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Monday, June 5, 2023

METAPHOR FOR A BANANA REPUBLIC

 

“I’ve fallen and I can’t get up! … WHERE’S MY CLAPPER!!?”

A picture paints a thousand words, and in this case I’d say it’s a Helluva lot more

than that … if I were in that graduating class I’d be considering a career

alternative, but then again I’ve never been a “drink the Kool-Aid” kind of military

guy … what a perfect metaphor for a country that is dead broke financially, and

has the collective morality of a nest of cockroaches, politically, socially, & most

importantly spiritually … moving right along to the math, directly below some

rather eye watering numbers concerning debt levels of the Banana Republic

going forward.


click on image to enlarge

If you take the time to examine this chart, and remember this is only a projection,

which means it will more than likely BE BETTER THAN THE ACTUAL NUMBERS

as time moves forward, you can see that Der Fuhrer Biden & his Communist crew

of “Hate America First” will drive ‘Murica towards Venezuela faster than him

falling down … however, the country won’t be getting back up! … too many

Sheeple in the “Free Shit Army” for that to happen … Sheeple don’t care about

freedom, they care about iphones, video games, porn, and sports to be

entertained … give them that and as we have witnessed over the years, Asshats

like Biden can get away with anything and everything, as long as the graft,

bribery, and “free shit” keep flowing … quite frankly, I dunno where markets will

be traded into the future, but it won’t be in the Banana Republic much longer!

… to get the full flavor of the chart above, see the link below from ZH.


https://www.zerohedge.com/economics/debt-ceiling-crisis-over-and-now-us-debt-

will-rise-31-trillion-50-trillion-2030


Moving over to the high powered slot machines inside the casino, a/k/a financial

derivative markets, there’s no movement to speak of outside of a little bit in oil

as the Saudi’s cut another 1 million bpd from the mix … rates on Treasury toilet

paper continue to be “sticky” high, meaning yields control the tiny movements

in FX … and as always, just remember we’re all interest rate traders now inside

the casino, especially FX … “Stock Bellies” drift this AM early, but it all depends

on where rates go today … so far nobody gives a shit.


I’ve had some reader feedback wondering why I’ve given up on crude oil

… simple … Coinexx can’t maintain a fair and honest market with the scumbag,

criminal LP’s they have, where they “game” the variable spread to screw people

blind … as I’ve said a million times, if you want to know where you’re gonna get

filled on an order with a variable spread, just watch the spread for 5 minutes and

take note of the highest spread amount … whatever that is, that’s what you’ll get! 


Most of the time crude has a 2 - 3 cent spread, but anytime you watch you’ll see

the 4 sneak in, and Bingo!, Bango!, Boom!, that’s your spread right there … on a

market that has about a little UNDER $2 spread FOR THE NEW YORK SESSION,

currently this week at $1.88, that 4 cents represents 2.13% of the entire session

range! … no thanks, that’s way too expensive and outrageous … no wonder

they’re in the LP stealing business, cuz that’s what it is! … if you trade this, you’re

giving money away, pure and simple.


Cable starting the day going lower on higher treasury toilet paper rates … so far

it’s been another straight down exercise in complete futility for pure traders

… Bitcoin dead to slightly lower, and “Stock Bellies” not caring about anything

… what a mess … now into the 17th hour of the trading day, and ranges so tiny

they aren’t worth mentioning without getting sick … this is truly pathetic, but

when the manipulators say “no go”, nothing moves as they literally kill VIX right

in its tracks … that is until it explodes and goes supernova in a microsecond and

some planned bullshit from bank positioning … and of course, it’ll come from

some POL and/or Apparatchik in “The Deep State” who got the call … EXIT

QUESTION: “Do they teach this yet in business school?”


Well, there ya go!! … some very shit econ numbers from Der Fuhrer’s regime

Apparatchiks that came at 10 PM EST, and rates go “Thelma & Louise” in a

heartbeat, Cable goes orbital, “Stock Bellies” go higher first then get beat up,

robbed, then raped as banks take specs to the cleaners … but hey, thanks for

showing up, come again tomorrow! … I mean, I’ve only been in this biz as a

professional trader for a lifetime, but how the frick do you trade this shit?

... some days I really wonder … you either laugh at it or you end up crying

… “speed of light … crickets” strikes yet again!, and outside of the usual

criminal banks, specs [us] get crumbs as usual … good grief, what a con game!


Meanwhile over in “Stock Bellies” it’s laughter all the way down … nothing like

a DEPRESSION ON THE HORIZON to lift “Stonks”, especially tech stocks

… ranges anemic and I’m being kind … the m1 charts look like somebody took

spaghetti and threw it up against a wall … good luck inside that shit … the bank

slippage meters raised to FULL THROTTLE SCREW YOU on mystery ticks

… champagne & little weenies wrapped in bacon after the close!


I would argue, that the only course for the U.S. is an engineered DEPRESSION by

the Lounge Lizards at the FED, as they jack rates ever higher in their phantom

fight against the inflation bogeyman … however, higher rates ain’t gonna contain

a federal government Hellbent on spending trillions upon trillions without regard

to anything but “drunken sailor on leave” hyperbole … when the DEPRESSION

does come, and it’s coming, the Lounge Lizards will panic like never before and

slash rates “el mucho quicko” and go full retard basket of kittens on meth with

CNTRL-P INFINITY, thus igniting the “Stonks” bubble and cratering the dollar

… and then it’s revolution time as the country breaks apart at the seams!


81 million of you Fucktoids voted for this and now you’re gonna get it good and

hard … just cuz you’re dumb asses doesn’t mean you escape the consequences

of being stupid … enjoy your losses! … this should in theory ignite FX dollar

pairs sharply higher, but IMHO the jury is out on this cuz of central bank swap

lines and manipulation between them all … in that case, though, there would at

least be a floor underneath pricing you could trade off of and take advantage

ANOTHER EXIT QUESTION: “what happens if Fuhrer Biden gets the U.S. involved

in a direct war with Russia, not this proxy bullshit we see now? … what then?”


Well past the London Fix for FX, and wasn’t this a day to forget? … “Stock

Bellies” about as lethargic as can be, as nothing fazes “buy MOAR!”, no matter

the economy going to the shit house … umm, excuse me, where are “earnings”

gonna come from? … who needs reality when you got fantasy? … meanwhile,

Bitcoin gets crushed $900 in 8 minutes of descending sell stops … now of

course going sideways … still, at least a range is there if you were short.


Only 1 algorithm buy signal trade today in Cable … PAMM UP SLIGHTLY … fills

should have been better, but it is what it is … a rotten trading day action wise

… pre numbers dead … post numbers bat shit crazy [BSC] for 3 minutes where

80% of the days range got put in … great, just what nobody but the manipulators

wants to see … meanwhile over at IQCENT, “The Syndicate” doing some Cable

trades, and it’s UP SLIGHTLY AS WELL … 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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