LESS THAN ZERO

                                        Absolutely Clueless

If there was any doubt before, it’s now official; Amerika is the butt of all jokes thanks to the “Hopey Changey” BS of one Chalky O-Bomb-A Soetero. The Syrians and Russians are playing him like a violin.

Seriously, between the present-day choom gang of Hillary, Kerry [IWIV], Biden, Reid, Pelosi, Rice, Power et al the chance of a serious thought solving any problem is lower than zero. All calculations are political with the sole goal of making Chalky look good. After all, Fearless Leader cannot fail or be made to look clueless.

 How’s that workin’ out?

Meanwhile, markets put a war premium in and then take it out.

Gold has some headwinds that bother me from a trading standpoint: 1) Fed tapering later this month or later this year, 2) continued Gobermint manipulation through JPM and the BIS [Bank of International Settlements], and 3) the continued effort of India to restrict imports.

The problem with gold is simple; when they “kill it” it comes quick and nasty and the stops get tortured with government WMD [free money to JPM]. From the 2^nd quarter of 2012, the manipulations get bolder and the down moves more exaggerated as the Fed is determined to hold the price down and, more importantly, hurt spec retail accounts who dare to remain long.

Currency pairs continue to offer good trading opportunities, with the Yen crosses drawing the most interest. Given the long term demographic problems Japan faces, along with wild Government spending dreams, and the needs of the importers and exporters, the crosses should remain volatile well into the future.

Of course, we can expect some days of lousy action while large accounts plan their calendars, but overall volatility should remain above average this year and next at the least.

How do you profit from this?

Easy Peezee; download the free “-vegas For Life” file in the downloads section and implement the “Vegas Big Bang Algorithm”. Everything you need for success is included in the file. You can sit and watch, or you can make money; the choice is yours.

Have a good day everyone.

-vegas

HUMPTY DUMPTY IS TEETERING

                         Red Line? What Red Line? Where? Huh?

In Lewis Carroll’s classic 1872 novel “Through the Looking Glass”, Alice chances upon having a conversation with Humpty Dumpty.

 "When I use a word," Humpty Dumpty said, in rather a scornful tone, "it means just what I choose it to mean - neither more nor less."

"The question is," said Alice, "whether you can make words mean so many different things."

"The question is," said Humpty Dumpty, "which is to be master - that's all."

And so there you have it; the norm for all things politic, all things behavioral, and all things financial. Reality is nothing more than a perception; until someone holds a gun at your head and then reality is what they say it means.

Exhibit A

“Basher Assad is a dear friend”. John I-was-in-Vietnam Kerry [2009]

“Basher Assad is a brutal dictator and tyrant”. John IWIV Kerry [present]

Exhibit B

The U.S. Constitution guarantees freedom of religion and free speech. [1776 or so]

U.S judge orders bakery to cater a gay wedding and make a cake. Couple that owns the bakery tells judge to go “pound sand” and promptly decides to shut the Biz down. [present]

Exhibit C

The Japanese Yen is a “safe haven” currency. [Conventional Forex mindset and endlessly repeated on financial cable channels ad infinitum nauseum.]

Japan’s national debt just passed 1 Quadrillion Yen, [For you Chalky voters that is a 1 with twelve [12] zeros behind it] and the nation’s birth/death ratio is below 1.0, meaning the country cannot sustain itself into the future. [Oh yea, sign me up for some Yen!!]

Meanwhile, back in the soft police state known as Amerika, look for the NSA to be reading your emails, the IRS to be visiting your house soon [2014] to ascertain your income and asset class for ChalkyCare, and the judicial system to force you to accept alternative lifestyles. Ahhhh, the joys of being “free”.

On the bright side, though, it’s that time of year when dumbed-down sticks of human cells worship at the feet of college and pro football. OMG, the Ravens @ Broncos opening night? Oh dude, catch me later.

Does Assad know it’s football season?

Have a great day everyone.

-vegas