Here’s a laugher … Joe Biden giving Israel advice on how to destroy Hamas and
play nice at the same time … from the guy, that in his entire time in
“The Swamp”, some 50+ years, has never been right on anything, particularly
foreign policy … if i was BIBI, I’d give him the middle finger and LMAO, and
thank him for validating NOT to do whatever it is Biden and his “student council”
of hack Libtard Sycophants are offering … and I’m pretty sure BIBI is well aware
of the U.S. stabbing every “friend & ally” since the end of WWII in the back for
political expediency, and is extra sensitive to anything Biden promises
… DEAR BIBI: “don’t try and cash any of those checks Biden promises you
… you are fighting for survival, while Biden is only a “political Shitweasel” that
could care less about your country and you … he plays both sides of the fence,
thinking he’s a genius, all the while being the “class Idiot” … whatever he says,
do the opposite and claim victory! … if you listen to him and/or his “Warhawk
Sycophants”, you will be the loser while they cash their cuts of the “skim” and
perpetuate another endless proxy war for the good of the Elites!”
And since the world didn’t end this weekend like planned, gold is lower this
Monday [so far] … seems Mrs. Watanabe & Gal Pals bailed on gold at the end
of the Asian session day and puked all over themselves … no worries, just have
your husbands work harder for margin money! … rates higher on all of us still
breathing, as governments still have the CNTRL-P machine going “Brrrrrrrrrrr”
… and as we get a newer version of another mideast war, the endless war
supporters in the Banana Republic cheer for more multi-Billion dollar weapons
systems that they get commissions & kickbacks on in the dark, more nameless
& faceless innocent people die … all for money of course! … life goes on with
the propaganda machine, state run MSM, pumping out bullshit government
“talking points” cuz they’re all part of the same “Swamp” … expert “experts”,
who are nothing more than political hacks with agendas & degrees from
approved Indoctrination Camps, and then picking up their cash at the end of an
interview, litter the landscape of Sheeple TV, and it’s non-stop wall-to-wall
propaganda 24/7 to convince you that Assclowns like Biden and his “student
council” clique of “advisers” know what they’re doing, when in fact you already
know they’re worse than clueless & useless … they’re DANGEROUS! … the
same class of Idiots & Morons that started off the 20th century [for you Biden
voters, that would be the early 1900’s … there, I’ve made it easier for you
… you’re welcome!], by starting WWI by “chest thumping” their grand alliances
& treaties, somehow polluted the “gene pool”, and a little over 100 years later
look at the criminals & intellectual LOSERS we got now … is it any wonder why
Vlad & Xi spend most of their time picking themselves up off the floor from
laughing?
And if BIBI is as smart as I think he is, he’ll play Biden & Blinken like a fucking
violin … he’ll get all the weapons & munitions he wants, then tell Biden GFY, I’m
doing what I want, and what I want is to utterly destroy Hamas … Iran? … fuck
Iran! … anytime they want, Israel can take out the goatherders pontificating from
Tehran … while Biden plays “footsy” and gets played, BIBI knows better
… all-in-all, it’s gonna make for interesting & sharp moves in gold … the only
good thing that can really come out of all of this, is for gold to skyrocket and
bankrupt the FED Lounge Lizards and their short positions, and make ‘em bleed
from their stinkin’ eyeballs!! … can’t hardly wait!
I would not at all be surprised today to see the “Rally Protection Team” [RPT]
come in early at the start of the New York session, or close to the criminal
money laundering NYSE open and monkey hammer gold lower … they’ll be
looking for sell stops from the spec collective long position holders … I don’t
think 1900 is in danger today, unless things get unruly & ugly, but a retest of
overnight lows near 1910 is probably doable … question is, what happens next
after a retest? … if gold goes nowhere, it’s trouble time … but a sharp bounce
could prove to be telling of the resolve of support gold either has or doesn’t
have … we’ll see.
And instead, we get gold moving higher “el quicko mucho” on nothing but
squirrel farts at the 8:20 AM EST mark, the old pit futures opening bell … looks
like the FED did some YCC [yield curve control] on the 10 YR., their latest
gimmick to influence markets … quite the dilemma for the Lounge Lizards
… take yields lower and watch gold explode higher so you can finance the fairy
tale land government borrowing binge, or let rates go higher and kill the
economy, but gold goes lower … mark my words, depending on the day they’ll
try to play both sides of the fence.
Meanwhile, over in crypto land, seems somebody at “Coin Telegraph” [I think,
but ain’t sure, but isn’t this outfit run by Elon Musk?] needed BTC to rally, so
they floated a tweet that the Blackrock ETF for Bitcoin has been approved
… BTC goes to 30,500 and then gets mauled lower by a couple of thousand
bucks back into the 28’s … Blackrock has since denied approval … well, that
was nifty wasn’t it? … I swear, the entirety of New York trading is nothing short
of criminal activity, followed quickly by money laundering … if the day ends in
“Y”, it’s happening somewhere in the Banana Republic … and it won’t ever end
cuz if it did guess who doesn’t get their “skim” from the moves up & down?
Biden to Israel? … quick, somebody send him to Gaza for ice cream … what’s
he gonna do there but embarrass himself and the country? … seriously, WUT!?
… this is the dumbest idea I’ve ever seen outside of betting on the Chicago
Bears to win this year’s Super Bowl!
I think “New York”, roughly translated from its Latin origins, is English for
“mounds of bullshit” … especially applicable to gold, since any day that ends
in “Y” AND has had any decent movement overnight in the Asian & early
European sessions, sees “mounds of bullshit” do absolutely nothing but drift
in price and get “yo-yo’ed” to death by scumbag bullion dealers that screw
[of course] the spec trading community … why should today be any different?
… for sure, the dynamics of EURUSD are far different than gold, but given its
trading logistics & conditions it’s the perfect scalping instrument … carrying it
over to gold, you need a little more than a $5 range over multiple hours of
trading to make scalping work, cuz if you don’t get it, you subject yourself to
rapid moves that could [read “will”] screw you with a bigger loss than you’re
likely to accept … what good does it do you to win 8 trades, lose one trade and
be down money? … and that’s what you’re staring in the face if you trade gold
with very tiny session ranges … the manipulators know exactly what they are
doing to separate you from your money, cuz they know the collective’s
psychology of scalping & trading … they know your “buttons”, and they’ll push
them when they’re positioned to 1) profit, and 2) impose the most pain on you
… don’t let ‘em!
The day almost over in gold, and a pretty sorry assed performance from a market
that put in a $20 range overnight … can’t rally, can’t break, thanks FED! … 6+
hours of bullshit with about a $5 - $6 yo-yo range, where the red spikes down
look a lot heavier and dramatic than anything on the upside, outside of the 3
minute “pump & dump” at the old futures open at 8:20 AM EST … other than
that, there’s nothing here but trouble … and unless hostilities start heating up
again, the FED’s game is to simply sell everything and wait … wait for the
inevitable liquidations that take price lower, which will eventually feed on itself
and they get their wish.
No trades for gold today … outside of the previously mentioned 3 minute “pump
& dump”, there wasn’t anything here … just another Monday circus shitshow,
with a side of crypto bullshit thrown in for a good lesson in how “Scumbaggery
& Fuckery” works in today’s financial markets … I’m sure they’ll teach this in
future B-School finance classes … Bwahahahaha! … however, some decent
2-way action in EURUSD, even if the ranges sucked … “The Syndicate” UP
APPROXIMATELY 0.2% on very light volume trades in EURUSD … quite frankly,
we keep hangin’ around the 1.05 level and the sell stops below keep building
… I’m not a fan of trading size off of some support level the entire world can see,
most especially the scumbag banks & HFT’s … when they go, they’ll go
“el quicko mucho” cuz they want no partners, and I got no desire to have to
liquidate into a big, fat red sell spike.
Yields near their high for the day above 4.7% on the 10 YR., and that’s putting a,
lid on rallies … like I said, the Lounge Lizards got a tough act to make markets
believe rates are going lower … just keep that in mind if/when you get bullish
anything going into year end … 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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