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Sunday, October 15, 2023

SUNDAY UPDATE: THE WORLD DIDN’T END [YET]

“The Banana Republic is in such great & capable hands isn’t it!!?”

Well, the world hasn’t ended yet, not that it hasn’t been tried … war doesn’t

bother me … what bothers me is ENDLESS PROXY WARS THAT SEE PEOPLE

DIE SO ELITES CAN PROFIT FROM THE WARMONGERING … and nowhere is

this endless cycle of horseshit more prevalent than in the Banana Republic,

where profiting off of any war is more or less a hobby of POLS, Apparatchiks,

Idiot Libtards & disgusting RINOS … about right now people in Ukraine should

be a tad nervous … you had your chance and blew it … the wind has now shifted

to Israel … whatever else you might be feeling, just know that anybody the last

70 years that saw the U.S. as a “friend & ally”, has stab wounds in their back as

well, so don’t feel singled out, just get in line … there’s just too much money to

be made, pilfered & stolen, and shoved down endless rat holes to nowhere, for

the world to end … besides, it’s football season, and I think there’s a rule the

world can’t end before the next Super Bowl.


But from Friday’s action, you couldn’t tell it to gold, that saw one of the biggest

daily gains seen in a good long while … you gotta go back to March at the height

of the SVB failure that shook up the banking paradigm in the U.S. to see the kind

of range seen on Friday … and is “war” a good or dumb reason to buy gold? … I

think you’ll find that history says it’s dumb, unless it sets off an inflationary cycle

of MOAR! QE, and the infinite buzzing “BRRRRRRRRR” of the CNTRL-P machine

hidden in Spicoli’s basement, in one of Hitler’s secret bunkers he had in the U.S.,

now aptly & appropriately owned & run by the FED Lounge Lizards … I mean,

those weapons ain’t gonna just pay for themselves, now are they? … and what

happens next is a no brainer … the “warhawks”, “neocons”, “Libtards & RINOS

that wanna look tough”, they’ll all beg BiBi to go easy on the invasion of Gaza

and spread the misery out for as long as they can get away with it … of course

they will, there’s money to be made!


For us traders, it’s a different set of circumstances … IMHO, we’re gonna need to

see a melt-up in the gold price past $2100 to see the FED get obliterated on their

gold shorts, and have them lose so much fucking money that not even the

CNTRL-P machine can print enough of it to hide the fact they got destroyed

… that will end the “Rally Protection Team” [RPT] and allow for bigger ranges

and higher VIX … until then, the FED will not give up their efforts.


This past week saw much of my time in a “cloud” … a sinus infection started it

off, and I’m much better now … bottom line is I didn’t get much time in for work

on binary options or silver … that’ll come this week in my off hours … hopefully,

I’ll have it all finished by next weekend.


Directly below this week’s 20 Day Range MA values for selected markets.


click on table to enlarge

Onto the week! … 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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