It’s September, so get ready for a government shutdown come the end of the
month, unless of course Uber RINO Uniparty House Speaker McCarthy wets his
pants and agrees to all of the Libtard Dem demands for the sake of
“the children” … a distinct possibility … but there are 2 “bigly & yuge”
reasons Libtards need a shutdown … 1) of course, like they always do,
Libtards will blame REPUBS for any shutdown, the “in the tank” state run MSM
will spread the talking points, and Libtards will have a campaign issue for 2024,
whereas now they got NADA except all of Biden’s FUBAR policies … and
2) a shutdown throws a monkey wrench into the investigation & impeachment
of the crime family boss himself, cuz without the money, they can’t do
anything … of course, Libtards are trying to “run the clock out” for Biden,
hoping beyond hope that delays will benefit them.
I don’t see how that’s possible, but in this world of upside down logic and
state run news, if governments have learned anything from the Nazi’s and the
end of WWII, it’s how to effectively control people via propaganda in all its many
forms … and this was clearly proven with the assassination of JFK in 1963, by
among other evil actors the FBI & CIA who were most assuredly involved, and let
the third rate coverup begin and end with complete apathy among the Sheeple
… and when it was apparent they got away with that, along comes MLK & RFK
in short order, followed by decades of wars, assassinations, & coups … and of
course, WHO BENEFITS & GETS RICH OFF OF ALL THIS EVIL SHIT? … why
RINO’S & LIBTARDS IN “The Clown College” & “The Deep State” intelligence
cottage industries, who get kickbacks & commissions on weapons sales
… when you add it all up and spread money & power over others, the hidden
“Little Joe Stalin’s” inside of EVERY LIBTARDS beating evil heart, come out of
the closet in droves and line up down the street to join no matter the eventual
consequences … “in the Godless & immoral society that exists today in the
Banana Republic, there is no shortage of rationalization, and “grab the money
& run”, then hide!" … simply open your fucking eyes and look at the level of
corruption, treason, and destruction of the middle class via inflation, and ask
yourself how the Hell did this country get to where it is now, with a complete
Assclown like Joe Biden & his crime family running the political circus, who
has spent over 40% of his illegitimate Preezy gig on vacation … meanwhile
the disasters pile up! … what if they shut the government down and nobody
gives a fuck, what then?
Meanwhile in August, the BRICS added more members, most notably Saudi
Arabia & Iran, and now control over 50% of the world’s oil reserves, as well as
most of the world’s rare earth elements! … within the next few years, they’ll add
many more country members, create a BRICS gold backed currency, and
completely bypass the once mighty hegemony of the bankrupt U.S. and the
dollar … this is what happens when you weaponize world trade and try to bend
it to your own selfish interests … remember the unofficial motto of the U.S.,
“If you have the oil, we have the democracy!” … quite frankly, after “stabbing
every ally in the back since the end of the Korean War”, should it be any kind of
a surprise to witness the entire globe turning their collective backs on the U.S.?
… tired of the “double dealing”, stealing of resources, and lectures on high from
Dopes like Bush, Clinton, Obama, & now from the biggest evahhhh Dope Biden,
it’s a big middle finger to the U.S., and “we’re going our own way and you can
GTFO now!” … and what that ultimately means for crude oil & gold should
present a very rosy trading future!
Already, the Saudi’s [soon to be Iran as well] are taking payments from the
ChiComs for oil in Yuan … the Saudi’s in turn are using the Shanghai Gold
Exchange to take delivery of gold futures contracts with payment in? … you
guessed it! … Yuan! … EXIT QUESTION: “who needs the U.S. for any of this”?
… and so it will be for much of world trade going forward, while the U.S. can
stew in its own juice of its own making … and whenever the BRICS decide to
float their own gold backed currency, there goes the U.S. dollar down the toilet to
oblivion, on par with the Venezuelan Bolivar or the Zimbabwe Dollar, as there is
NADA backing the U.S. Dollar except the “ALWAYS running going Brrrr!”
CNTRL-P machine at the FED … the first approximate 140 years of the U.S., with
gold backing, saw ZERO INFLATION … since the FED was created in 1913, to the
end of June 2023, 3,000% INFLATION … the Global Elites LOVE THIS! … and
they love it cuz they own & control FINANCIAL ASSETS that grow like weeds in
financial bubbles … the lower classes who have to work for a living? … well,
they get royally FUCKED cuz their labor is worth less & less each passing day
with the creation of more & MOAR! Dollars via the CNTRL-P machine … think
about this on “Labor Day”, and realize it’s all PROPAGANDA FOR THE
SHEEPLE! … they placate & buy you off so cheaply with bullshit Holidays & the
UTTERLY LAUGHABLE “STIMMY CHECKS”, all the while Elites plunder the
living shit out of the system right underneath your stupid nose!
It’s “Holiday” Fun-O-Rama inside the world’s largest, most corrupt casino ever
devised by man … how the Soprano’s let this opportunity slip through their
sticky fingers is beyond me, other than the fact they don’t dream this big like
true financial Elites do … overnight can best be described as, “what market?
… there were markets open? … who knew?” … more excitement at the
"Shady Rest Retirement Home” in Biden’s basement, and with U.S. markets
completely closed for backyard grilling festivities, ain’t nobody doin’ nothin’
… except of course, local law enforcement & DOJ Swat teams, on the lookout
via drones in the sky, for any domestic terrorist activities, like church picnics
or little girls selling lemonade curbside … and that doesn’t even count FBI
informants on the loose anywhere / everywhere looking to justify their pitiful
existence by entrapping anybody who falls into their net of supposed
wrongdoing … Gestapo types never rest, not even on Holidays!
Gold & crude oil resting nicely today, thank you for asking … directly below, first
the m15 for XAUUSD [SPOT gold], then underneath that the m1 for gold … the
m15 vegas support / resistance “zones” are on RM=3 and RM=4, respectively,
and the SuperTrend has parameters of 4, 1.3 … AQUA FOR UPTREND, WHITE
FOR DOWNTREND … the m1 has RM=1 & RM=2, respectively, and the
SuperTrend has parameters of 8, 1.3 … AQUA FOR UPTREND, WHITE FOR
DOWNTREND … I’ve replaced the timing oscillator of Uniform Fisher
TransForm [UFT] with the “RSX OF MOMENTUM” indicator, with parameter
settings of 7, 7 … it’s a tossup which is faster and therefore better, but overall
IMHO the “RSX OF MOMENTUM” indicator is better and easier to read than the
UFT, and is color specific [LIME UP momentum, RED DOWN momentum] to
any uptrend or downtrend you’re looking to trade.
Analyzing gold, 1 PIP = $0.10 per OZ., so the current 20 Day Range MA for the
New York session is ~ $14.35 per OZ. … that equates to 143.5 PIPS range … quite
frankly, I can’t envision this going much LOWER than it is now, and we’re
scraping the bottom of the barrel as is, and in the weeks / months ahead I fully
expect this value to rise from here … that being said, it is what it is now so let’s
go with it “as is” … that 143 PIPS for the NY session is still better than any of the
FX pairs, and with better movement UP / DOWN than anything FX has to offer
with maybe the exception of USDJPY … spreads have behaved well over the
Summer, and total cost to trade = ~ $0.25 per OZ. … and while that’s higher than
comparable FX pairs, gold has “easier movement” relative to seeing market price
move up/down 10 PIPS than anything in the FX sphere … gold can move $1 much
faster than anything EURUSD, GBPUSD, USDCAD can do in the same time frame,
and do it more often … and quite frankly, that movement is what counts … gold
going up/down $20+ STRAIGHT doesn’t help us as traders, much like USDJPY
going up/down 200+ PIPS in a straight line either … if you get down 10 PIPS
trading EURUSD, it’s harder to make that back than it is to make back $1 in gold,
and that ultimately matters a lot, cuz we want and need to have VIX in a market
cuz it helps us, not hurts us!
Directly below, first the m15 for WTI CRUDE OIL, then underneath that the m1 for
WTI … the m15 vegas support / resistance “zones” are on RM=3 and RM=4,
respectively, and the SuperTrend has parameters of 4, 1.3 … AQUA FOR
UPTREND, WHITE FOR DOWNTREND … the m1 has RM=1 & RM=2, respectively,
and the SuperTrend has parameters of 8, 1.3 … AQUA FOR UPTREND, WHITE
FOR DOWNTREND … again, like in other markets like gold, I’ve replaced the
timing oscillator of Uniform Fisher TransForm [UFT] with the
“RSX OF MOMENTUM” indicator, with parameter settings of 7, 7 … it’s a tossup
which is faster and therefore better, but overall IMHO the
“RSX OF MOMENTUM” indicator is better and easier to read than the UFT, and
is color specific [LIME UP momentum, RED DOWN momentum] to any uptrend
or downtrend you’re looking to trade.
I’m only interested in trading crude from the long side … here are just a few of
the reasons … 1) the U.S., through the utter incompetence & stupidity of “energy
expert” Joe Biden, has allowed the Strategic Petroleum Reserve [SPR] to get to
40+ year lows of crude oil … we got nothing in reserve thanks to this Dope
… 2) Biden’s policies towards energy has stifled capital investment in crude oil
by U.S. energy producers, thus CAPEX is lagging badly to the tune of hundreds
of billions of dollars … even if they started today to change their mind, it would
take 2 - 3 years to see any improvement in oil supply … therefore, oil supplies
ARE EXTREMELY TIGHT AND GROWING TIGHTER … unless demand falls off the
proverbial cliff, and that only happens if world governments allow a worldwide
DEPRESSION, which will remove them from power and is a low probability, the
only way to ration supplies is through HIGHER PRICES … and on top of this,
OPEC+ member heavyweights Saudi Arabia & Russia are putting the screws to
the Idiot Biden by cutting supply production … but by all means, sell the short
signals if it’s your desire.
One of the big advantages of trading either gold or crude on the MT4, is the level
of small orders you can trade … with minimum trade levels of 0.01 lots, that
comes to 1 OZ for gold and 10 barrels for crude oil as minimum size trades
… even very small accounts can trade this … with oil, the key is the spread, and
at 1 or 2 cents the trade can be justified, but at 3 cents or higher it can’t … if the
spread blows out, just sit back and relax ‘til it comes in again, that’s all you can
do … ditto with gold if it climbs over 30 cents … you can’t give money away and
expect to win … onto the shortened week!
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
