There’s a part of me that says BIBI is getting rolled by Biden and his ilk of
Communist parasites … and the reason IMHO, is what I have said before,
namely the purpose of any conflict is to enrich the Elites … it’s a veritable flea
market of free weapons systems with kickbacks & “commissions” galore … I
know it’s early yet, but appeasing terrorists NEVER works, just ask
Jimmy Carter, Bill Clinton, George Bush [you pick ‘em], & Chalky Sotero, with
Biden being the worst of the lot … you don’t negotiate, YOU EXTERMINATE!
And since the world didn’t end this weekend, thanks to football season being in
full gear, it leads to the Sunday night open where most likely the FED came in
and pummeled futures in precious metals … nothing to serious, just an
approximate $10 haircut in gold that got bought up “el quicko mucho”, but
enough to satisfy some scumbag banks who bought the spec sell stops … some
things never change!
But what is happening under the RADAR screen, is that the rest of the world,
notably the “BRICS Cartel”, are selling U.S. Treasuries across the board, with
both the Ruskies & ChiComs leading the way, and buying gold … and since gold
has been reclassified as a “Tier 1” asset by the BIS [Bank of International
Settlements], and carries ZERO counter party risk and threat of sanctions by a
despotic U.S., more and more central banks are ditching fiat paper and
demanding gold for their reserves … in other words, the world can see right
before their very eyes just how bad the U.S. has become, being the financial bully
if you don’t adhere to the U.S. agenda … and the middle finger salute
shines bright!
Another milestone reached today, as the 10 YR. Treasury goes past the “Maginot
Line” of 5%+ … whether it stays there or not, gold ain’t breaking cuz people are
starting to wake up to the fact that 1) the entire political system of the Banana
Republic is broken beyond repair, and there is neither the desire nor will to reign
in spending on the “Free Shit Army”, which now includes foreign governments,
and 2) the Banana Republic is borrowing $1 TRILLION DOLLARS every 6 weeks,
whether to replace existing debt or for new debt, in the infamous words of
Cankles Clinton, “what difference at this point does it make?” … nothing says
bankruptcy better than paying the highest interest rate on your debt in 20+ years,
at the exact moment your debt load is its highest, which is $33 TRILLION AND
GROWING! … meanwhile the drunken sailors inside “The Swamp” will continue
binging cuz they see no reason not to … and I’m left wondering, “does Ft. Knox
really have the 8,000 tonnes of gold they say they do? … neither the FED nor the
Treasury will allow for an actual legit audit … what does that tell you? … and if
the gold has been pilfered away by LIbtards & RINOS over time, guess what
happens next? … and now you know why there won’t be an audit anytime soon!"
We come into today again, with another almost $20 range overnight in gold
… will skyrocketing rates hold it back? … can the “Spoos” hold the 4200 level,
and can rates stay above 5% on the 10 YR., or does the FED do some of its
“trickeration” via yield curve control [YCC] and manipulate it under 5%? … and
finally, when does BIBI take the gloves off, tell Biden to fuck off [after he gets his
aid?], and end this bullshit once and for all? … my guess is he won’t, and he’ll
“blink” and shit goes “part time” again and off cable news ‘til next time
… meanwhile, the weapons systems are delivered, and the all important
kickbacks & “commissions” get received by the POLS & Apparatchiks that are
connected to the process … “quite frankly, this is morally disgusting and
reprehensible, but since POLS & Apparatchiks control the MSM, you won’t ever
hear about it cuz they’re all in it together!”
Turning to today’s fun filled manipulation adventure inside the world’s most
corrupt casino, another near open decline near the criminal money laundering
NYSE open sees the “Plunge Protection Team” [PPT] show up after a mini
meltdown to rescue “Stock Bellies” … seems 4200 is one of Spicoli’s “puke
points” that needs to be protected, but can it last the rest of the day? … gold for
its part hitting some more sell stops as “Stock Bellies” melt down … “dude,
where’s the LOW!?” … and after a couple of hours, it’s apparent gold wants to
play “wait & see”, with nothing here but chop, although anything can & will
happen, but for now it’s “dullsville” … gold can correct in 1 of 2 ways, either
price or time, or a combination of both, but I would add that sideways chop for a
day or two isn’t gonna allay anybody’s fears about a moonshot over 2K … quite
frankly, the FED is trapped and the world knows it, and they ain’t in the mood to
let ‘em off the hook IMHO, and maybe consider it doesn’t correct and blows up
again while nobody is looking? … absolutely nothing surprises me anymore
with respect to gold.
What does somewhat surprise me, is the everlasting battle between “Stock
Bellies” BTFD-ers and reality … cuz what the BTFD-ers have on their side is
history of the “88/6/6” trading paradigm regardless of what you think the
economy or political situation is, and the PPT along with the North Korean
financial MSM, who never saw an uptick they didn’t like … as a result, we got a
pretty active “Stock Bellies” complex, where IMHO the “Spoos” offer the best
reward / risk trade of the bunch cuz of the depth of market, while the NDX100 &
DOW30 act more like penny stocks trading in Vancouver, and have higher
spreads along with slippage that can be “disturbing” to say the least far too
often … and while “SIMPLE FX” has the best bid/offer spread, which is 0.3 index
points when the NYSE is open, their slippage takes that advantage away in a
heartbeat … IQCENT has the “Spoos” with a 0.5 index point spread, no
commissions like Simple FX, but IMHO it has far fewer slippage incidents that
are gonna piss you off to no end … and lately [including today], with said spread
and thus cost to trade, the “Trading Ratio” [TR] is hanging between 5 and 6 on
a regular basis over the 6 ½ hours the NYSE cash market is open … that’s pretty
good, and can be looked at as a borderline scalp if this holds, or a decent
“day trading” vehicle.
Meanwhile, while the country burns down financially and Sheeple sleep, BTC
finally vaults 30K, and looks to hold above that level … with said debt and
interest payments in the TRILLIONS [and growing], somebody enlighten me
how the Banana Republic can keep fiat viable for much longer? … Bitcoin &
gold, what’s not to like here?
The London Fix over and done with, and it’s another “piss poor Monday” to
show for gold, it’s inability to trade adequately despite news flow that supports
both upside and downside potential … “so where the fuck is it then?” … good
question, ask the manipulators! … meanwhile, cuz Ackman says he’s out of his
short treasuries trade, a big outside day in the 10 YR., with yields going from
5.02%, down to 4.88% … despite Ackman’s call, I’d bet dollars to donuts the FED
has got a lot to do with this rally in price for bonds, all the while protecting
“Stonks” cuz of their propaganda value … all of this sees EURUSD put in a nice
rally, with the day’s range over 70+ PIPS, and some nice scalping opportunities
… compare it to gold and you wonder WTF is the matter with our favorite
yellow rock?
Quite frankly, I don’t know how to make it any clearer to those looking to make
consistent money from trading … 1) open an account through my link @ IQCENT
… 2) scalp EURUSD with a 0.2 PIP spread and no commissions … 3) use the
algorithm to trade … buy breaks and sell rallies … OR … sell rallies and buy
breaks … depending on your session time from the European open to the New
York close, you have so many scalping opportunities it’s ridiculous! … choose
leverage that makes sense for you, don’t go “ape shit” with leverage, even
though they’ll give you 500:1 for margin purposes … using the formula charts I
posted yesterday on the 2nd Sunday blog [storm? … what storm?], directly
below a screenshot of EURUSD FROM THE NYSE OPEN, for about 2 ½ HOURS
ONLY.
It’s all there in the algorithm, and all of the necessary components are either in
the MT4 library, or are available for download in “Download Links” … if you can’t
scalp and make money in this, then nobody can help you, it’s that simple … I’ve
already gone over many times how IQCENT makes their money from this market,
so don’t buy spikes higher and don’t sell spikes lower unless you are forced to
in the event of a “false positive” … if you’re trading from the long side [like me],
use spikes higher to liquidate … and if you’re a better short trader, then use the
spikes lower to liquidate shorts.
Let’s face facts, the E.U. is a “basket case” when it comes to managing anything
… right up there with the Banana Republic … their magical E.U. economy is a
wreck, and there’s enough uncertainty with politics, economics, war, and other
idiotic ideologies, that EURUSD when matched up with the Banana Republic’s fiat
fiasco, looks like shit thrown up against the wall on a chart … and that makes for
some nice long or short trades … pick a side, any side, and stick with it! … you
won’t get chopped nearly as bad as all of the analyst traders who think they can
outsmart the central banker scum and their BFF bank LP’s that manipulate the
shit out of this thing … in other words, most days it’s a perfect scalping
instrument when conditions are right to scalp it … and that spells IQCENT, cuz I
don’t know of any other place that offers EURUSD trading with a total cost of
0.2 PIPS … if you find one, let me know! … and for reference, Coinexx is not the
place to trade EURUSD … although they quote 0.2 PIP spread, it’s bullshit cuz
there are commissions to pay of another 0.2 PIPS PLUS SLIPPAGE, which if
truth be told can be anything from 0.2 PIPS to 1.5 PIPS when it’s moving … so this
is a non-starter cuz the cost to trade is significantly higher than IQCENT … don’t
be stupid, money is money, and over the course of time these added costs
mount up “el quicko mucho” and hurt your account … and I’ll just add to sum
things up, I find EURUSD cuz of the available leverage is a better scalping
vehicle than BTC, even with a 1 penny spread.
No trades today in gold for the PAMM, simply a wasted day of chop bullshit and
no range whatsoever … over @ IQCENT shiploads of scalps in EURUSD, and
“The Syndicate” is UP APPROXIMATELY 0.7% … I’ll be raising my volumes here
shortly, unless we happen to go under 1.05710, where I remain cautious
anywhere near the 1.05 level … 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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