New levels of insanity inside the Banana Republic … criminal dictator
“Taliban Joe”, fresh off a bumbling / stumbling / “I didn’t get any shit done at
all” trip to Israel, has proposed another $100 BILLION in aid for Ukraine & Israel
… as if that kind of pin money is just laying around waiting to be pilfered &
stolen by the usual suspects in “The Swamp” … even without it, the Banana
Republic is on track right now to spend $1 TRILLION DOLLARS OF BORROWED
MONEY EVERY 6 WEEKS! … oh, and did you happen to notice that interest rates
are at 20+ year highs and going higher still?
No matter, no problem for Swamp creatures like Biden & the RINOS in the Clown
College, who never met a foreign aid weapons system program they didn’t like
… with top secret procurement no bid contracts given out to companies nobody
has ever heard of or can find information about cuz it’s “classified”, is it any
wonder immoral Fucktoids in both chambers of the Clown College are
“eager Beavers” to approve aid so they can get their kickbacks & commissions
‘el quicko mucho”?
How gold isn’t already the price of Bitcoin is solely due to the efforts of the FED,
and the Lounge Lizards there who manipulate it lower in price … but that gig is
about to blow sky high when the FED fails to control price and it goes to new
ATHs, and from there plenty higher … there will be hundreds of Billions in losses
they won’t be able to “paper over”, and a cataclysmic DEBT DEPRESSION will be
felt in every corner of the Banana Republic … in other words, the “house of
cards” financial system will be over! … it’s already started and it’s gonna get
worse, worse-er, & worse-er-er-er!
As if anybody with a functioning brain cell thought a 24 hour visit by Biden to
Israel would accomplish anything … who? … what would it be? … he didn’t fall
over walking? … he looked like a corpse on drugs … nobody but nobody takes
this Doofus seriously … he wastes tons of jet fuel for what? … a photo-op with
BIBI? … and just when you think it can’t get worse for the Banana Republic,
along will come the ChiComs and take Taiwan, when they determine the Banana
Republic is at its weakest and can’t do a “Hoover Dam” thing about it! … how
does the Banana Republic fight and PAY for war on 3 fronts? … they can’t even
shoot down a fucking weather balloon over the Dakotas and greater midwest
section of U.S. air space! … but no worries, thanks to Libtards & RINOS, our
military is “diverse” and can “out woke” anybody … wanna see the level of
interest rates in the Banana Republic if this happens?
So far today, inside the world’s largest corrupt casino, it’s all quiet on the
western front with ranges decidedly lackluster, awaiting rigged data from the
math whiz kids, and then later a speech by Spicoli at Noon EST, who’s on the
chicken luncheon circuit grubbing for free lunches and some kind of handout
… meanwhile, rates on the 10 YR. now at 4.98%, a level thought unthinkable a
few months ago … just wait ‘til 4.98% looks cheap! … no worries, you might go
broke and your business bankrupt thanks to Lounge Lizard stupidity &
arrogance, but the Swamp creatures will continue to live high off the hog on
borrowed money, right up to the revolution that sees heads get separated from
shoulders … I suppose “let them eat cake” is appropriate here, but it was
supposedly uttered long ago by Queen Marie Antoinette of France, when
informed by palace Apparatchiks that the peasants were starving for lack of
bread, who had the same mindset as Swamp creatures in D.C. have today
… what can possibly go wrong!? … [headless Marie could not be reached for
comment.]
Take what you will from make believe, fantasyland, fairy tale “election year
adjusted” numbers from the math whiz kids … anybody that believes or trades
off this bullshit deserves what they get from the scumbag banks … what did you
expect from a fully politicized / weaponized government, whose only job is to
perpetuate itself and seek total control over your life? … you will believe or else!
And if you’re sitting out there and completely confused of what to make of gold,
you ain’t alone … over the years it’s the “numero uno” account killer of all time,
where most specs spend their time “buying high / selling low”, rinse & repeat, why
the Hell am I doing this? … time for a quick vegas refresher course! … First, all
that matters is spec order flow to the bullion banks … nothing else matters
… when specs get too long and by proxy bullion banks are short, having sold it
to specs, gold is gonna go lower by hook or crook, it doesn’t matter … when
specs get too short and by proxy bullion banks are now long, having bought it
from specs, gold is gonna go higher by hook or crook, count on it! … Second,
use the weekly 20 Day Range MA values as a guide for trading … for example, if
the 20 D R MA = $20, and you show up in early New York and the day’s range is
only $10 or so, you know it’s gotta move one way or the other to reach its 20 D R
MA … if it goes higher, use the algorithm to buy corrective breaks, but if it goes
lower, wait ‘til price approaches the 20 D R MA before taking buy signals … if on
the other hand gold sits on its ass and does nothing [like today so far, no doubt
waiting for Spicoli to wax eloquent at Noon EST], and the puny range holds, sit
and wait … don’t get sucked in and chopped up like fish stew! … and quite
frankly, I don’t care if gold is at $600 or $6,000 when it comes to trading it … “IT’S
NUMBERS ON A FRICKIN’ SCREEN … THAT’S ALL! … don’t FOMO it and don’t
chase it … as of now, gold isn’t the best and most optimal scalping market
… maybe some day but not now … it is, though, a decent day trading vehicle
when CONDITIONS ARE PRESENT THAT MAKE TRADING IT WORTHWHILE
… so, you gotta be disciplined & show patience with gold or this market will
gut you like a fish for dinner!
Nobody BUT NOBODY has more experience in & out of a trading pit trading gold
over the years and decades THAN YOURS TRULY … I’ve been there from the
beginning! … I’ve seen everything that gold has thrown at the world over the
years, and I’ve seen the tears and vanquished souls that have been DESTROYED
BY GOLD, for the very simple reason that they ignored how gold is actually
controlled and traded … don’t be another one! … I’m sharing what I know about
gold so you can make money from trading it … if you think I’m full of shit, then so
be it, I don’t care and it won’t affect me … it will however affect you, but I won’t be
there to tell you, “I told you so but you didn’t listen!”
Today, gold is far more treacherous than in years and decades past … it’s always
had a history of fucking stops, so that’s not new … the rise of the “Rally
Protection Team” [RPT] at the FED since the 2008 financial crisis has definitely
been a paradigm changer, as well as the propensity of gold to rally in the Asian
session and get dumped in the New York session, as gold flows from West to
East and finds permanent homes in Russia, China, India, and other countries of
the now “BRICS Brigade” … this flow is intentional, and as long as the scumbag
banks make a dime from it, they got no problem selling western civilization down
the river to oblivion! … the main culprit, of course, JPM and their criminal
precious metals trading desks.
And what has really thrown gold traders for a loop over time is the nature of
session VIX and its INCONSISTENCY brought about by the manipulators … $60
range one day, $12 the next … $40 range another day, and then $11 range the
next day … “how the Hell do you trade that?” … and that’s the question posed to
you by the FED as they manipulate price on a daily basis for propaganda benefits
… and it’s why when ranges are tiny & puny versus their 20 Day Range MA values,
I leave gold alone … trust me, there is coming a day very soon where gold will not
only be a decent day trading vehicle, but also a wonderful scalping market,
assuming the 10 cent spread holds at Coinexx via the HFT … we need higher
price, and larger 20 Day Range MA values before that happens, but it is coming
… quite frankly, I think gold will be trading like Bitcoin before 2025.
Today’s manipulation feature fiasco, comes right before Spicoli speaks, where
over about 20 minutes the entire day’s range is mirrored straight up … then a
few minutes before Spicoli steps to the podium, gold breaks, as the manipulator
bails before SHTF … they did it cuz they could, with an order book that thinned
out as Noon approached … and once they ran it up to a new high for the day,
BOOM!, time to start selling before he opens his PIE HOLE … do they teach this
in B-School finance classes? … ummm, no they don’t.
As if markets fucking you weren’t enough with all of the casino “Scumbaggery &
Fuckery” going on second-by-second via crooked and thieving LP’s, here comes
Coinexx and their LP’s who shut the machines off 20 seconds before Spicoli
began to speak … and they kept them off for 16 minutes! … just another reason
why I never trade or hold positions over news events … “another MT4 glitch
fellas? [cough, bullshit, cough] … funny how “glitches” happen right at crunch
time isn’t it? … fucking amazing coincidence, huh? … what a bunch of
scumbags, but we already know this.”
And suddenly, with Spicoli’s comments, gold looks vastly overpriced if
mushroom clouds aren’t imminent … I know tomorrow is Friday, and there will
be weekend protection and all of that, but unless gold wants to be like gold
before it and see these rallies get monkey hammered into oblivion, price needs
to consolidate and some more longs need to get jettisoned, before real gains can
be made … if not, like in the past, there’ll be Hell to pay when everybody is over
positioned and the scumbag bullion banks come for blood! … still today, the
range sucks, even with marginal new highs now into the NY afternoon.
This is NOT what I want to see for gold, cuz it will only lead to disaster for specs
… betting on the end of the world via WWIII is a losing proposition, cuz even if
you’re right you got no place to spend anything as you’re vaporized … simply
too much too fast sub 2K, and I fear specs get mauled here shortly … we’ve
taken 5 months of gold trading and seen it go up in smoke after 8 trading days!
… it won’t be pretty if it doesn’t go through 2K, I can tell you that, and don’t
expect help via lower rates being long gold unless the FED throws in the towel
and goes full retard for yield curve control [YCC], which is a distinct possibility
… now, above 2K, and it’s a different ballgame entirely, and let the ponies run!
… but we ain’t there yet, and the FED is still in control.
No trades in anything today, as everything doesn’t do Mr. Jack “Diddly” Squat
‘til Spicoli speaks, then Coinexx goes dark for 16 minutes of LP bullshit cuz they
don’t wanna make a market in anything … even BTCUSDT over at IQCENT was
completely FUBAR … proving my point about scumbag LP’s whether they are
banks or HFTS, and the fact they’re all trading against their book and aren’t LPs
at all, simply scumbag “market makers” who are looking to screw us at every
opportunity … you not only have to fight the market, you have to fight the
fucking house, and that’s a sad reality we deal with far too often
… 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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