MORE NOISE FROM THE FACULTY LOUNGE

 

“But … I don’t wanna be held responsible for the economy!”

Six FED Pie Holes speak today … markets don’t have a chance escaping the 

HFT algos … “are all of you going to be reading from the same script today? 

… any original thoughts, or just the usual drivel of bullshit we’ve seen over the 

last 113 years of negligence & incompetence”?

Gold, for its part, getting the “Comex Con Game” started, as they roll the rock 

up the hill, so specs can get stopped out on the way down … rinse, repeat, and 

it’s been like this for the last 7 years and counting … why should this time be 

any different?

Noon in New York, and the last 5 hours has seen … maybe … maybe $1.50 

rally in price for gold … otherwise, it’s like watching an ice cube melt on a 

sidewalk during the Summer … they just bleed price lower, with the 

occasional pop higher to trap shorts, and then it’s back to biz … how many 

times do I have to say this? … “this is a dead market walking … if I were King 

I’d shut it down, cuz in its present form, and the way it’s trading [if you want to 

call it that], it’s nothing more than a dealer Ponzi scheme … there aren’t any 

volumes, zero liquidity, the slippage is horrific, and the ranges simply suck 

… other than that, though, it’s fine [snark]”.

To ask the question is to answer it, but what happens to gold when VIX gets 

“Thelma & Louise'd” across the board? … “well, you’re looking at the 

disaster unfold right before your very eyes”. Unless of course, you’re willing to 

position trade it and send risk skyrocketing, this way they can rob you in the 

middle of the night when you’re asleep, so it’s not as painful.

Absolutely nothing good to say about gold at this point, here in the early part 

of 2019 … as soon as the FED disappoints, which it surely will and has for over 

113 years, specs in gold will get mauled, and it won’t take days or weeks for the 

damage to unfold … just look at last week’s $20+ dollar drop in a quick couple 

of hours, and a full 4 days later, this market can’t even get outside that range 

… pathetic … welcome to gold. So many traders have left this market over 

these last years, sick of getting screwed by scumbag LP bullion dealers, that 

when other markets slow, gold literally dies … “let me say it again … silver 

market here we come”! Which, if you don’t know by now you should, is exactly 

the way the 0.001% elites want it … nobody in government anywhere wants to 

see financial MSM headlines saying anything about gold [except that it sucks 

and there is no reason to hold it or own it.] … bullion dealer banks get all the 

“free money” they need, from the FED, to keep selling 100 lot after 100 lot, 

and feeding the futures market buyers all they want … and when the  

“buy fuel” runs out? … “thank you, come again”!

It’s been like this, going on its 7th year … I don’t see anything telling me 

bullion dealer “scumbaggery” is going to change anytime soon … I’ve been 

hearing for over 45+ years, how gold is going to [pick a number between 

$5,000 and $50,000] skyrocket to unseen and unheard of heights … sure it is, 

and I got beachfront property in Kansas I’d like to show you. What used to be 

a good trading market has turned to shit … all by plan, all by design. “I’ll 

trade it when there’s something to trade, otherwise what’s the point? … Even the 

FED Pie Holes can’t even bring this carcass to life … good grief”!

Another day, another day in gold most would like to forget … I’m outta here 

… until tomorrow mi amigos … Onward & Upward!!

  

Have a great day everybody!

-vegas

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WATCHING A DEAD MARKET TRADE

 

“Oh market Oracle! … what’s your outlook for gold?!”

“Well, the only thing that saved gold today, from the infamy of having a $2 range 

for the day, was the FED Pie Hole Bostic, who right from the start of the NYSE 

session, let loose with the interest rate chatter from the faculty lounge … of 

course, purely coincidental to the NYSE open, right? … could these asshats be 

any more obvious in their manipulations”?

And as I said yesterday, gold doesn’t trade anymore … all it does is move 

when somebody is in trouble from the wrong side … when they’re done, which 

the bullion dealers know and we don’t … that’s it, thanks for showing up, and 

come again soon. What a complete shitshow.

Cuz gold’s up a whopping $4 and change since the Pie Hole informed us the 

FED officially hasn’t a clue … not that the world didn’t know that anyway, 

cuz we all do … but the SP500 hasn’t really reacted that much to what he said 

… with a couple of hours to go to the NYSE close, the SP500 has a pretty 

anemic 25 index point range, not exactly gangbusters.

And so the mystery ticks, the buy stops, the increased bid/offer spread, and of 

course the “slippage  candy” handed out by Turnkey’s band of LP bullion 

crooks, sees gold with about an $11 range, but only $6 since Bostic uttered the  

“no more rate hike mantra” for a while … Oh yea, gangbusters here we come 

… what with the “scumbaggery” all around the market, I’m sure after paying 

up for the privilege, and then getting the slippage shiv stuck up your back, 

everything will turn out just fine if you close your eyes and HODL … given the 

news today, this market’s response is simply pathetic … this is a dead market.

No sense in being redundant, onto tomorrow … maybe at some point here in 

the future this market can actually “trade” and have a range, but I’m 

doubtful … we’ll see what tomorrow brings … I’m outta here … like most 

days recently, I can’t take another second of watching this dead market 

attempt to trade … quite frankly, this is the worst market on the board to 

trade … no volumes, no liquidity, crooked thieving scumbag LP’s with high 

spreads and slippage that would make Vito Corleone jealous … last but not 

least NO RANGE! … it’s pitiful & pathetic, but what else is new? … until 

tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

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DEAD MARKET = DEALER STOP HUNTS

 

“That look of exasperation … it’s almost as if he’s trading gold!”

The only time gold moves anymore, is if somebody is in trouble and their stops 

are getting run by bullion dealers … other than that, this market is toast 

… it’s nothing but a stop hunt, and when the stops burn themselves out, 

dealers turn the market around and take it the other way to eventually take 

out the other side … what a bucket of shit.

Another day of suicide trading … nothing lasts, and the “slippage candy” from 

this shit, along with wider spreads, makes it untradeable … really nothing 

more to say than that … if you’re willing to position it and take mega risk, be 

my guest.

When it starts trading again, I’ll trade it … but you can’t call what happening 

now “trading” … it’s got nothing to do with trading, and everything to do with 

bullion dealer manipulation … and they wonder why the market is dying. 

Watching these tiny dealer stop hunts, and the accompanying little tiny moves 

is dreadful … there isn’t any volumes flowing through to speak of, only stops. 

Pitiful. Nothing more to say I haven’t said before … I’m outta here … Can’t 

take this crap another second. Until tomorrow mi amigos … hopefully, this 

kitty litter box gets its act together one of these days … I’ll be there 

… Onward & Upward!!

Have a great day everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 

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THE HUSTLER’S YO-YO

 

“This just in … your bullion bank LP group photo!”

Well, it’s back to normal in the world’s deadest market next to dry milk 

spreads … seems Mrs. Wantanabe found some money under the couch 

cushions, and proceeded to ramp gold higher at the Asian open, but since then 

it’s been the usual “Comex Con Game” on display as we start the week.

New York trading action so bad, even the M1’s can’t stay near the close from 

one M1 to the other without some dealer gap in price to mess with somebody 

… not really a surprise to me, since today sees us wait for the next installment 

of the China tariff news … a bigger “hustle” I don’t think I’ve seen in trading 

since “Brexit”.

Trading action back to terrible, as gap moves in bid/offer spreads continue 

unabated, price movement wholly dependent on SP500 futures moves, which 

at some point will stop and kill retail specs … again! … and the now usual 

spread Vito Corleone would have if he were in the offshore brokerage biz, 

while telling you you’re getting the best deal in the world [cough, bullshit, 

cough] … add it all up, and it’s the same old bullshit, different day syndrome

… nothing to see here Sheeple … move along now.

In other words, “there’s no “here” here” … not much else to say, as all the 

adjectives I’ve used to describe this shitbox of a market, I’ve already used 

about 10,000 times … “I’ll trade it if it moves, but when it doesn’t, you simply 

have to leave it alone or the scumbag bullion dealers will take your money”.

Until tomorrow mi amigos, I can’t take another second of watching this crap 
… Onward & Upward!!
 

Have a great day everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

SERVICE.  DETAILS IN “DOWNLOAD LINKS” SECTION IN 

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SUNDAY UPDATE: SHTF TRADING

 

“Yea, you know who you are!”

The SP500 & gold charts directly below; “quite frankly, I don’t see how the 20 

Day Range MA in the SP500 can get much higher … it’s already at insane levels, 

which makes me wonder what happens to gold when it settles down some? 

… I’m thinkin’ we won’t like the answer”.

 

click on chartt to enlarge for ALL

 

Friday saw a “good news, bad news” trading session in gold … the good news? 

… the New York session range pops to $15 … the bad news? … once it goes 

down, hits off some sell stops, and then drifts back higher, that’s it for the day 

… there was one move down and one move up, and that’s it, cuz there was no 

trading in this market after that … nada … and all those looking at the SP500 

for correlation got stuffed. Trading conditions are so bad in gold, that even if 

you buy/sell at the right moment, the scumbag LP bullion dealers are just as 

likely to “slippage candy” you on your fill, as at any other time, and with 

spreads widened cuz they can and their pure greed knowing no bounds, there 

really isn’t any improvement I can see in this dying market. “I hate to be the 

bearer of bad news, but gold is going the way of silver as a “trading market” 

… everybody in the trading biz pretends it’s still relevant, but it isn’t … futures 

volumes suck and are a shadow of where they were years ago … the LBMA is a 

joke when it comes to XAUUSD, and they won’t even release volume totals 

… what does that tell you? … if your business in the real world was going down, 

would you raise prices? … hell no you wouldn’t, but in gold it’s the way the 

scumbag LP’s recoup lost revenue … in today’s shitshow trading world 

dominated by Pols & Apparatchiks, all that matters are interest rate futures, 

stock indices, USDJPY, and to some extent USDCNH … everything else is a 

sideshow”.

We will see if gold can continue what it started on Friday … I’m doubtful it 

can, simply cuz there are no volumes cuz there are no customers … Asia has 

almost completely abandoned it, and most days sees little interest from 

Europe … that leaves the trade up to Squid & the boys, and that mi amigos is 

a losing proposition every “Hoover Dam” time. Try and scalp gold, and what 

you’re gonna experience is you being the one getting scalped … the slippage 

and fills from these assholes is criminal, but since the regulators, Pols, & 

brokerage house execs are splitting the booty, there is no pressure from 

anywhere that matters to end the practice … they, of course, label themselves 

indispensable to the market as “liquidity providers”, which translated into 

English means “thief”, and everybody pretends they aren’t seeing what they 

actually see. And the amazing thing is, they can’t figure out why biz sucks and 

is drying up!

So, onto this the first full week of 2019 … if it gets crazier, then everything is in 

trouble … we’ll see what happens.

  

Have a great rest of your weekend everybody!

-vegas

OUR TURNKEY FOREX “PAMM/MAM” IS OPEN AND

OPERATIONAL, AS WELL AS OUR C2 OPTIONS ADVISORY 

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