Historians have noted, that a caving FED Chairman [Bill Martin] did the same as
Spicoli, when in 1965 he caved to LBJ, cuz LBJ wanted the FED to print cheap
money to finance the Vietnam war … the inflation that caused lasted a little less
than 20 years and didn’t end until Reagan became Preezy … how many hundreds
of times bigger is government now than back then … this new inflationary cycle
will be many times worse than anything you can think of, and may end the
Banana Republic as you know it … my prediction? … “Within 5 years that $100
bill will only buy you a loaf of bread! … you keep returning the “Uniparty” to
the Clown College, and voting for Marxist Libtards for Preezy, and somehow the
laws of money will remain the same? … Keep dreaming!”
Well now, that escalated quickly didn’t it? … the Lounge Lizards playing
“good cop / bad cop” … Spicoli the “good” cop, now comes Williams the “bad”
cop saying March is too soon to be cutting rates … and down goes Frazier!
… what a bunch of fucking nobody LOSERS who haven’t a fucking clue what
they are doing, except to create unnecessary chaos … retarded kittens on meth
could run monetary policy better than these Assholes! … EXIT QUESTION: “so
why didn’t Spicoli say this shit in his presser on Wednesday? … why the
good cop / bad cop bullshit? … who benefits from this game you’re playing?
… they need to be called out by the financial MSM hacks on North Korean run
CNBC, or Dumbberg, BUT WON’T! … call out the FED and you lose your job!
The phone lines must have been burning up with major banks screaming at the
FED to do something to stop this freight train higher in pretty much all markets
… remember, what is bought is sold to you by scumbag banks … Spicoli’s epic
“flip flop” has left the banks mucho short … well, trot Williams out for the splash
of cold water on everything that is hot, and it ends “el quicko mucho” … this is
how modern markets work, and it being a Friday with record history OPEX
[$3.1 TRILLION worth], and gains from Wednesday at a minimum, it’s a perfect
recipe for corrective activity to the downside … no need to ask who benefits!
And once he opened his mouth and said exactly the OPPOSITE of what Spicoli
said on Wednesday, it’s look out below … Cable gets monkey hammered of
course, gold gets battered of course, and given the dynamics of his comments,
who wants to buy anything now? … the problem? … these Assholes have no
credibility left … LESS THAN ZERO! … by next week, Williams will have changed
his mind about 15 times, and echo Spicoli as ALL of the Lounge Lizards get the
hymnal in the choir … simply looking at a daily Cable chart. It’s easy enough to
see it needed a rest with some corrective activity anyway, but the FED PIE HOLE
decided to give it a push off the cliff just to make certain his buds at JPM, Squid,
and all of the other virus scum on Wall Street got their correction and their books
squared away before the weekend … what a crooked pile of dinosaur shit!
And this is how things are done in the modern era of central bank manipulation
… “If I went back to B-school, any chance they’d be teaching this?”
… Bwahahaha … and once it became patently obvious of what was going on,
there’s no way I want to be on the buy side of Cable today, or buy cheap gold
that’s gonna be cheaper still in 5 minutes … none of this shit has anywhere to
go on the upside today … No trades for the PAMM today in Cable.
Especially now, when we know with 150% certainty that these shit weasels will
change their mind at the snap of their greasy fingers, and end up screwing you,
that you have a reliable schedule of when they are to speak … Market Watch is
just the place. Directly below the link at Market Watch [MW] for the most reliable
calendar for FED speakers.
https://www.marketwatch.com/economy-politics/calendar
I always check them to see when these shit weasels are gonna flap their PIE
HOLES … forexlive.com is good for econ data, but often times they miss FED
speaking engagements … today a perfect example, cuz they missed Williams
appearance on North Korean state run CNBC. If you’re trading ANYTHING,
before you start your day, ALWAYS check the schedule and make sure you are
out of the market when these Dipshits speak, CUZ NOBODY KNOWS WHAT
HORSESHIT THEY’RE GONNA SPEW FOR THEIR MASTERS ON WALL STREET!
So going into his appearance on CNBC I was flat … Cable looked to be
bottoming after Europe took it lower, but I didn’t bite minutes before he spoke
cuz I know the damage these Ass Clowns do to any market that is highly
sensitive to interest rates, and Cable is near the top of the list! … and once it’s
over, it’s the “Loser Formation” until the London Fix, and then when JPM and
the boys take over, it’s pretty much right down the stairs … I want no part of this
as a buyer.
“Arb Scalps” have disappeared … over in crypto, looking at MATICUSDT, light
premiums all day long in the “Basis”, but nothing you can “hang your hat on”
as they are to skimpy … ranges in crypto from early AM simply awful
… MATICUSDT with an approximate 300 tick range … you know interest is
lagging when MATICUSDT is quoting a 1 tick bid/offer spread at Phemex when
it’s usually between 7 - 12+ ticks normally … whew, this stinks! … and so, no
trades for “The Syndicate” today cuz nobody in crypto really wanted to play!
… blog update on Sunday.
… 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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