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Wednesday, October 4, 2023

THE UNIPARTY SHUDDERS IN HORROR

“POLS lie? … and are called out? … the Clown show continues!!”

RINO POS McCarthy is now gone … good riddance to a lying POS … will it be

enough to stop the juggernaut of wasteful spending, corruption, bribery, influence

peddling, and general “Scumbaggery & Fuckery” in “The Swamp”? … of course

not, but every 1000 mile journey begins with a first step … or will the Uniparty

prevail and with a new corrupt Speaker of Clown College, everything returns to

normal after a brief interlude on the way to fiscal ruin? … I’m betting heavily on

the latter.


“We’re all interest rate traders now” … with rates at multi-year highs and still

climbing, every little tick up/down in the 10 YR. Treasury yield sends FX pairs

& gold up/down on roller coaster rides … ranges in EURUSD doing better,

while gold is still somewhat lagging … and with EURUSD ranges [both daily &

NY session] expanding some, scalping EURUSD @ IQCENT becomes even

better than before … doesn’t matter which side you scalp it from, the pros &

cons are exactly the same … crypto disappointing on so many levels lately, it’s

hard to pinpoint the main culprit for lackluster trading action … gold @ Coinexx

sees the spread go out a few cents to 10 cents per OZ., which is only a few

pennies from the approximate 7 cents before the waterfall action that’s seen it

go down over $100 per OZ. … with the way gold moves, that shouldn’t

bother anybody.


No trades in gold today for the PAMM … a very lackluster trading session that

couldn’t hold a rally and then go for more … we got the quick moves up when

rates fell slightly, but that gets faded “el quicko mucho” with the dreaded “fat”

red spikes down … gold just isn’t ready for rallies that matter … and we’re

probably gonna need to see back & forth consolidation wherever the low is

before gold can go higher … whether rates drop with both soft & hard data

pointing to an economy going off the cliff remains to be seen … the FED thinks

so … I don’t at all trust the FED to do anything but FUBAR everything they

touch, so it’s not clear to me rates drop … every major government in the world

is on a borrowing binge … “who’s gonna eat all this paper?” … over at IQCENT

for “The Syndicate”, a boatload of EURUSD scalp trades on light volumes, and

we’re UP APPROXIMATELY 0.3% … 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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