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Sunday, December 31, 2023

SUNDAY UPDATE: THE BANANA REPUBLIC CANNOT SURVIVE

 

“Does it all die in 2024, or is the hoax carried on a few more years!!?”

I doubt things were worse for the Roman Empire, and the parallels between the

current Banana Republic and the Roman Empire are strikingly similar in scope

and magnitude … political corruption, rampant inflation, inability to control

borders and protect citizens, spiraling debt and last but certainly not least a

complete breakdown of moral imperative … if Trump wins in 2024 he absolutely

must “clean house” and destroy the “deep state” and prosecute Libtards

responsible for “open borders” … if he doesn’t and appoints lukewarm RINO’s

like his first term [Sessions, etc.], the country is over … and if Biden steals the

election once again, the country you think you know will be nowhere to be

found within 1 year … markets as we know them are nothing but propaganda

tools and one giant manipulative HOAX … it isn’t a question of “IF”, but only

“When” critical mass is reached and the country fails … it will happen out of

nowhere, come quickly, and many “experts” will say in retrospect it’s a

“Black Swan” event nobody could have foreseen … BULLSHIT! … all the signs

are there, not the least of which is spiraling debt and interest costs that only

keep going exponentially upwards … POLS & Apparatchiks cannot stop

spending and borrowing, nor do they have the will to do so … it stops when

nobody will lend any longer, and when the ChiComs get enough gold and turn

the Yuan into a gold backed currency pair, the end comes quickly.


Who knows if the U.S. has the 8,000 tonnes of gold it says it has … there has

been NO AUDIT IN OVER 70+ YEARS TO VERIFY, cuz the FED won’t allow an

audit … what are they afraid of? … well, we know the answer … the gold ain’t

there and hasn’t been for a very, very long time! … how does $32 TRILLION

DOLLARS OF DEBT [AND GROWING EVERY DAY!] GET PAID OFF?

… Easy Peezee: “it doesn’t, it gets inflated away into nothing!” … no country

in the history of the world has ever repaid debt, they all have inflated it away

into NOTHING OF VALUE BY DEPRECIATING PURCHASING POWER! … the

Banana Republic is no different, and will join Weimar, Venezuela, Zimbabwe,

and others when the time comes … maybe it happens in 2024, who knows?, or

maybe it goes a few more years … point is, IT’S GONNA HAPPEN!


In the history of the world, there always has to be a place where the monied Elite

can park capital and be reasonably assured it can thrive there … markets are

already shifting emphasis to other parts of the world, OR going DEFI

[decentralized] like crypto, to escape the clutches of greedy government to

control and cheat markets like they always have … and that trend is only

growing stronger into 2024 and beyond … you can feel the pure panic every

time they bash crypto, or accuse Dubai of harboring money laundering … what

they can’t control via manipulation, THEY SEEK TO DESTROY … another 10

years, and the U.S. will be lucky if there are ANY PRIMARY MARKETS LEFT TO

TRADE IN THE U.S.! 


Nobody wants or needs all of the bullshit the U.S. brings to the table, and traders

are already fleeing in droves, but you won’t hear about it from state run

Dumbberg or North Korean Biz news CNBC … they’re too busy spewing state

run propaganda for the Sheeple … they absolutely know what side of their

bread is buttered and dutifully toe the line … and when Saudi Arabia starts pricing

oil in Yuan, what then for the Banana Republic? … well, that’s easy to figure out

… if by chance Libtards are in charge, your wealth gets confiscated, and if not

consider “capital controls” … what then Skippy? … I’ve said it before and I’ll say

it again, “it’s better to be 10 years too early, THAN 1 DAY LATE! … diversified

crypto [held by you in a DEFI wallet in your possession] and PHYSICAL gold

held outside the reach of the Banana Republic … they confiscated it once in

1933, why would you think they can’t do it again? … I recommend “BullionStar”

in Singapore, the best place IMHO to hold physical gold, or other precious

metals … [HINT: take trading profits from your offshore account in Bitcoin, and

then buy metals at BullionStar via Bitcoin … a great way to diversify your

holdings and build wealth over time!] 


Like last week, the upcoming week will be Wednesday & Thursday [maybe Friday,

but I doubt it], and the world comes back on January 8 … not expecting a whole

lot of movement given the calendar, but we’ll see … directly below, this week’s

20 Day Range & Median values for selected markets.


click on table to enlarge

MATICUSDT & SOLUSDT continue to set the crypto space on fire, and one look at

their respective session ranges, and you’re looking at monster values in terms of

tick ranges … For the PAMM, I’m gonna start the year out in gold, although I’m

somewhat disappointed in NY session MA & MEDIAN ranges … hanging under

$20 with gold up at 2070 or so is embarrassing … that isn’t even a 1% range!

… we should be seeing 1.5% - 2.5% session ranges, which would be appropriate

given the price … there is the possibility it’s running lower cuz of the Holiday

season, so we’ll have to see how things shake out … still, gold is acting better

than FX, which I find like watching paint dry on a wall it’s so “Hoover Dam” slow

in terms of moving anywhere and in terms of corrective activity, which is

abysmal to say the least … for “The Syndicate” trading in MATICUSDT is about

as good as it gets … SOLUSDT as well … I’d be surprised if range values grew

substantially from here, but the good news is that we don’t need that … these

crypto markets act EXACTLY HOW YOU WOULD EXPECT THEM TO ACT IN A

FREE MARKET ENVIRONMENT … plenty of “pump & dump”, excellent

corrective activity, and a trading algorithm that models price behavior as GOOD

AS I CAN MAKE IT! … if you can’t make money trading these crypto pairs, then

you can’t make money PERIOD! … onto the week, I’ll be posting again on

Tuesday … HAPPY NEW YEAR EVERYBODY! 


… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” πŸ’“!! … Onward & Upward!!


-vegas





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