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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