IT’S ALL ABOUT CHOICES

                                            Life In Amerika

If you are relatively young, maybe your ice cube is a little bigger than the old folks, but it doesn’t mean your financial survival is any more secure. Every demographic in Chalky’s Amerika faces a very difficult road ahead and it is going to get much worse than it is now.

Older Amerikans who have played by the rules their entire lives, who have saved money for their later years, wake up each day to the criminal enterprise known as The Fed. They have no place to safely place their funds because interest rates are near zero. If this describes you, your government has sacrificed your life’s work for a socialized national debt that pays little interest so they can subsidize their “takers” voter base at your expense. You are forced to search for yield in an environment you know very little about.

Young people, who were totally lied to about college and sold a defective and corrupt educational system bill of goods, face no job prospects upon graduation and staggering student loan debt that will keep them indentured government slaves for most of their adult lives. It’s great to live in Mom and Dad’s basement isn’t it?

And just wait until Chalky’s Soviet style medicine hits in the weeks to come; how do you live any kind of life with high taxes [federal, state, and maybe even local], FICA [the ponzi scheme known as Social Security], sky high health premiums and deductibles, rent, food, and car payment [because how can you afford to pay cash for a $40k car]?

“Ummmm ….. excuse me …..  where’s the disposable income for a life and a future?”

Do you believe in magic or math?

For all of you who think you can achieve your goals and dreams through your labor, I’ve got bad news for you; it ain’t gonna happen. There aren’t enough hours in a day, week, or month to come even close. Choose to believe me or not, but your entire life has been an exercise [by government and big corporations] to train you as a worker bee. 

Money lives one way, you live the other way. [Guess who lives better?]

If you treat trading as an entrepreneurial business, there is no reason you can’t escape the tyranny of government and corporate Amerika. There simply is no other business venture that comes even close to funding your dreams of a FREE, secure, and better financial future; I could literally spend the next 6 months posting all the advantages. The disadvantages; sorry, I don’t see any.

However, you do need to master 2 extremely important items; 1) a money making algorithm, and 2) a business structure that makes you invisible and immune from government and lawyers.

                               The World’s Smartest Businessman

This past week saw WTI Crude Oil post numbers that put the week in “tail risk” territory. Six months from now somebody will look at the weekly candlestick charts and say about last week, “kind of a small spindle here, it must have been a loser week”. No, it wasn’t.

While you probably wouldn’t have achieved your goal of 200+ pips for the week, if you followed the algorithm, you would most likely have made in excess of 100 pips for the week before it ended on Friday. And yes, there are a few weeks that take trading into Friday; not every week can be a 3 day workweek.

But my point here is that even with a “tail risk” week [6% of all trading weeks], where 94% of the time it doesn’t happen, the algorithm still made you money. You literally have to have a small spindle where the high value for the week is below 80 pips for the probability of loss to grow. And how often has that happened in the last 8 years? NONE. ZIP. ZERO. NADA.

The one question I got all through September, when I had some speaking engagements, was, “How much do I need in an account to make a decent living from this”?

On average, you will need a minimum of $3,000 in your account to make about $1,000 per week. Obviously, if you can deposit more that is better and gives you more breathing room. Now, I don’t pull this number out of thin air; it is supported by the historical data.

So, the first item I got covered for you either through your OWN trading AND/OR via Replitrader at Forex-Metal.

I’m not here to give tax and/or estate planning advice. Everybody is different and has different objectives and risk tolerance. There are literally thousands of places you can incorporate offshore and use IBC’s [International Business Company], Trusts, and PIF’s [Private Interest Foundations] to your advantage.

The current Treasury Secretary of the U.S. [Jack Lew] has “offshore entities” [he has reported on his government disclosure documents] in the Cayman Islands. So, for you uninformed socialists, who think this is somehow illegal or immoral, guess again. If it’s good enough for government officials who have money, then somebody explain to me how it’s not for you [chirp…. chirp ….. chirp].

I would encourage all of you to do internet research [through the Hide My Ass proxy of course] and check out the offshore links I have on this blogsite. One way or another, you’ll find what’s right for you and your family.

So, the second item I have you pointed in the right direction.

You can either stay in the “pudding business” or do something about it. So you can make intelligent decisions, if you have questions or concerns about trading [or the algo], I encourage you to contact me via email at vegasalgo@yahoo.com and tell me what’s on your mind. I reply to each email I get [as fast as I can] and respond honestly to what you tell me.

Have a great day everyone.

-vegas

EVERYTHING IS FIXED NOW, RIGHT?

                                         Europe In A Nutshell

For you grown-ups out there, this is like watching your kids get a free credit card from their grandparents; not a pretty sight. But not to worry, because everything is now fine in Spain because the smartest-guys-in-the-room have just thrown a check their way to the tune of a “1” with “11” zeroes behind it. Where this money comes from nobody has a clue.

But we are all smart enough to know by now that politicians solve a problem, not by actually solving anything, but by talking about it. Because you see, talking about it to them means it’s on their radar now, and not to worry, we are on it. Uh huh.

The Germans, natch, are expected to lend their AAA credit rating to this hair-brained scheme, but in all things like making sausage and passing out 100 billion Euros, the details are gonna get a bit sloppy. For one, nobody in Germany, except the Pols, are for this. Second, it ain’t gonna matter because on June 17^th, the Greeks say adios to the Euro. And third, as if we need another reason, every other deadbeat sovereign member of the PIIGS gang now wants the same deal as Spain.

“Hey, where’s our hundred billion with no strings attached?”

I swear, it’s enough to make you think the Pols are really in the biz of herding cats. A tough gig no?

                                         Politicians Take Note

Of course, with record spec short positions via the Crimex CME in EURUSD, it’s not really a surprise that we gapped up 100 big ones on the opening in Asia last night. Did you hear the big – WHEEEEW !! – whoosh out of Europe last night? But sadly, with all Ponzi schemes the half-life on this “solution” hasn’t even lasted 12 hours.

And gold? Firmly in control of the Central Planners and weakening as I write.

“But QE3 and QE4; c’mon man, money printing, ya know?”       

Yea, I will make sure and tell that to the prop desk over at JPM that is selling with both hands.”

And so, we find ourselves on countdown to next Tuesday, when we know for sure the Greeks are deadbeats, and the newly emboldened leftists tell Europe to go pound sand with their debt.

 Anybody want to make book on this?

Have a good day everyone.

-vegas

THE 800 POUND GORILLA

                                         The Key To Victory

Q: The 800 lb. gorilla is very hungry and wants to eat. What do you give him?

A: Anything he wants.

With Europe about to go off the cliff, what with the new “austerity” in the PIIGS zone, bond yields climbing, and economies diving into recession, of course the Euro (EURUSD) must be manipulated by the ECB; we simply can’t have a currency crisis right now. 

[ http://www.zerohedge.com/news/bis-fxgold-intervention-profiles-and-after ]

Before I ask this next question, please don’t think it is rhetorical. Is there any financial market not being manipulated by some government?

Seriously, I think the answer is no. Which brings me full circle back to gold. I wrote in the updated algorithm manual [which you can download for free at the link “Get It Free”] that there are 3 main objectives to government manipulation of gold: 1) keep gold out of the news, 2) hurt as badly as possible all retail speculators [long or short], and 3) make the manipulation count [on the charts].

Since the middle of 2011, the stakes have been seriously raised by the “central planners”. Things are spinning out of control on the fiscal and monetary fronts; trillions of dollars have been thrown down the proverbial rat hole, and don’t think for a minute these guys are going to back down: the manipulations will get bigger and bigger as time moves forward.

Today is a perfect example when you look at gold. Smacked down hard very late in the day on Friday (over $10 / oz), together with another $15 on the down side in Asia to start the week, you got about a $25 move lower on the lowest volume imaginable. So how is that possible?

But wait, the game isn’t finished for the day yet; oh no, they have to destroy some retail specs first, and that comes with the allowed rally to a new high for the day to drive the shorts out of the market with their buy stops. OK, we get a new high by a few pennies, the shorts have been squeezed, now what?

Easy peezee. You smack it down hard to near the low in the next 50 minutes. And from there very little happens; trading dies for the day, as the market limps into the close, the high finally safe from assault in their view. This is how a “normal” market trades? [Ha ha ha ha]

Remembering what I said earlier, ask yourself if the 3 main objectives have been accomplished? Sure have, and in spades.

The difference between all of us traders and the manipulators is the fact that we are in the market to make money and they could care less; they are here to wreck havoc and target a price. It doesn’t matter if they lose billions, they just print what they need, and besides it is chump-change compared to what the objective is; keep the current U.S., Europe, and Japan financial ponzi schemes alive.

Trading can be simple, but it is never easy. Guessing what the central planners do [with JPM front running the whole process] can be tricky, but never think they aren’t there.

Have a good day everyone.

-vegas