The March Forward, Gold Breaks 1326, Trump the Dollar, The Emperor with no Clothes.

January 14, 2018

Dynamictrader.com/12/01/2018/ Daniel Mankani

Last year GOLD Break at 1226 was based on the trump inflation trade, tax cuts and infrastructure spending boost, unleashing a call for revolution, “Lets Make America Great”, lets march on to even greater heights. The march forward, gold breaks 1326, Trumps the Dollar at 52 week lows, telling us “The Emperor is with no New Clothes”. Gold targets 1400 and even higher levels. Dollar Yen is back in “Safe Haven Play”. Expect Risk off traders to begin momentum. The bursting of all Bubbles and the Melt Up nearing its end.

GLOBAL WORLD STOCK MARKETS HEAT MAPS.
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EYES ON THE BALL: Gold bottomed in December 2015, similarly its around the same time many other major commodities bottomed as well. This break today of 1326 is making higher highs.

Friday’s high of almost 1340 is now approaching key resistance levels. In the manner and the strength of the rally, in my mind the momentum is strong enough targeting highest highs. A MARCH ON has began.

1400 is on the cards.
In 2017 alone gold settled 10% higher and dollar slumped the same. Whilst most of this gold gains coming in the last week of the year. On December 11th, we called the lows and here is why; In 2015:Gold Breaks 1226| This in itself was the first announcement gold rallies of highest high has began. It is notable of what a week change can do to personal annual portfolio’s. Just a week before December 11th 2017, Gold traded near 1237 lows. But it never did threaten 1226 again. You Know Why!.

Since that Gold Breaks 1226 report the Stock Market has marched on even higher. It feels a long time since then, but stocks a year ago and today have the greatest change as well as no meaningful correction for a very long time.

What’s going on? its was 43 days back then without the S&P having a meaning full correction. Now that period will be almost a year. { Gold Breaks 1226 }.Stocks and Gold have rallied even after the Federal Reserve Last Interest Rate Hike, both have marched higher!.

ANIMAL SPIRITS are ongoing, the melt-up continues and nearing another area of potential peaks. But how did we get here. fear of missing out as demonstrated in the fraud and a ponzi called crypto-currencies of which is also Bitcoin.

TRUMP the Emperor who has no Clothes.

Laugh and Know
But making fun of the high and mighty is what we do here at the Diary.

“Laugh and know,” said the Roman poet Martial. You can understand the pretensions… the foolish contradictions… and the absurd fantasies… only if you’re able to laugh at them.

Specifically, we were laughing at the way The Donald has bamboozled his own base. He talks their talk. But he walks the walk of the Deep State.

Mr. Trump is a showman.

quoting Frank Zappa, “politics is basically the entertainment arm of the military/industrial complex.”

We would add that it serves the social welfare/Wall Street complex, too. Trump – veteran reality TV star and professional wraslin’ fan – distracts the voters while the insiders pick their pockets.

An Emperor With No New Clothes.

Its a great wikipedia story; What happens to Bullion Banks? What happens when those excessive contratual agreements which are more than the physical underlying begins to chase for the Physical, where none so exist as much as they have loaned out. What happens when the short covering begins? The unravelling of the 30’yrs low and lower low only, directional trade of Treasuries Bonds. What happens then?

Major FX Rates Changes

Dollar Closes at 52 weeks Lows on Friday.

Your guess is as good as mine!. Watch where the dollar is going? Its down 10% at the 52 weeks low and closing in to break in even lower. The last time this happened was in 2003. Look-up what happened in 2003! Also a republican and the start of world wars!

Gold Hits Highest High! “December 2012”. End of the World Rally!.

Last week Wednesday market reaction to “China may diversify send dollar tumbling and yields on the 10 yrs spooked at 2.63 highs. Since December 2015 gold has consistency made higher highs. Recent mining industry reports also suggest while demand grew in Asia, especially India and China for gold imports, gold annual production is in decline, additionally; China has become the highest gold producer in the world and do you see any external China Gold Exports???.

What happens? When contractual obligations are greater than the underlying?

Caveat Emptor in what you believe in. Complacency is at play across every society.

World Dollar Forex Heat Maps

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Watch where it is Green and Where it is Red. Look at FX Maps Above. When we break below the 90”s, dollar drops with momentum.

“Quoting from the dollar collapse blog.

Looking at just this one indicator, it would be reasonable to assume that gold’s all-too-brief run is about to end. But on the other side of this equation is the certainty that physical demand will eventually swamp these paper games and send gold and silver up in a bitcoin-worthy arc to their intrinsic values of $5,000/oz and $100/oz, respectively.

Therein lies the gold-bug’s dilemma. Precious metals will bounce around aimlessly – until they don’t – but the phase change won’t be obvious until after the fact. With that in mind, here are three possible approaches:

Avoid this asset class until a sustained uptrend is clearly established. That means waiting for, say, $1,500/oz before jumping in. So you give up a few hundred dollars an ounce in return for avoiding the pointless back-and-forth, but in the end still triple your money. Not bad.

Keep adding a little at a time. Each month buy a few silver coins or a few more gold mining shares and tune out the noise (such as this article), safe in the knowledge that eventually the dysfunctional global monetary system will come undone and capital will pour into the relative handful of safe haven assets like gold and silver, making the highs and lows of the before-times completely irrelevant. This is the best way to deal with incomplete knowledge of the future, and is therefore what most people should do.

Assume that this is it — that the current uptrend will soon go parabolic — and jump into precious metals with both feet. If it works, it’s one of those life-changing bets that everyone wishes they had the guts to make. If not, well, at least the downside is limited at this point.
The longer this goes on, the more attractive the third option becomes.

Trump the Dollar.

The March is on, your guess is as good as mine!.

LINKS
Disclaimer. http://ul3.com/L30qH
Back to the Beginning. http://ul3.com/aeVUG
BTAMSC – http://ul3.com/vAqdH
BITCOIN – A Fraud and Ponzi in a Disillusioned World: http://ul3.com/35fH1
The Greed: http://ul3.com/pUDgd
The Hope: http://ul3.com/CuC7d
The Ignorant, Zombies: http://ul3.com/PP8Ez
Perception vs Reality: http://ul3.com/UcYb1
History: http://ul3.com/1rCFA
Chart Patterns: http://ul3.com/ate6A
Introduction to Technical Analysis. http://ul3.com/kcYCE

Writings.
INTRODUCTION TO FINANCIAL MARKETS & TRADING OPPORTUNITIES IN COMMODITY, CURRENCY, & FINANCIAL FUTURES. http://ul3.com/dAFWj

Revolutionary Transformation Ongoing. http://ul3.com/kcYCE
– Global Economic Collapse January 18, 2016

BITCOIN – A Fraud and Ponzi in a Disillusioned World – Daniel Mankani

November 5, 2017

First things first lets understand this “The World is Disillusioned with Social Media Imaginary Lives” Ongoing Economic and Monetary Systems Transformation and there is indeed a whole lot of confusion on how the world tomorrow will evolve.

There are many questions and many responses to this but one thing for sure, its Bitcoin is not money nor its a stored value of an asset, it will never replace currency nor its has any of the attributes of Gold or Currency.

In the midst of all this Bitcoin has emerged as the best performer across various asset classes to which its compared against and now been told it will replace the means of transacting across borders and its value to continue increasing in a case of be it all and end all.

Human Greed knows no bounds especially so if its a subject out of disillusioned minds.

In the era of Fake News and Deregulated markets where accountability takes backstage coupled with a over educated under utilized millennium generation, Bitcoin is more of Fraud and a Ponzi and you may call it the revenge of the nerds.

Driven by fear of missing out and with various superior looking scientific yet false justification of “i know its better but I don’t know how, this has fueled Bitcoin’s Market Valuation and Price.

Its Greed and Fear Combined, Perception of disillusioned minds. A fraud of no other kind and a Ponzi at the same time.

In 2017 alone. Bitcoin meteoric rise has seen its total market value rise to over 100 billion dollars. Click to enlarge.

Bitcoins 100 Billion Dollar Valuation obtained in a shortest period of time. Click to enlarge.

For any asset to remain as a stored value and become one as a currency, it needs to have three key attributes without which its just another Fraud and a Ponzi at the same time.

It needs to have an UNDERLYING to give its stored value, It needs to have a UTILITY without which there is no demand to hold and lastly it needs to have LIQUIDITY which is non volatile.

Attributes which Bitcoin doesn’t have.

Underlying Resource: An underlying resource of some kind is necessary to give any derivative its value against which the derivative is bench marked, US Treasuries and even Fiat Currency for example have an underlying asset class to back them up, Government revenues and Taxes are the underlying for every currency where economic growth and monetary management defines the currency value.

Gold is the perfect hedge in an stagflation environment in which we are currently in and Bitcoin is not gold, It has no underlying of its own to compare with to gold or to a currency and such perception is very much flawed.

It is wrong to say that Bitcoins Energy Consumption gives its underlying. It does not. Click to enlarge.

It is wrong to say that Bitcoins Energy Consumption gives its underlying. It does not.

Just cause someone found out a water front property and build on it an exclusive luxurious home, spending huge sums of money to make it beautiful and comparing its construction costs as input of value and then comparing it to the prices in demand and further speculating that if just a tiny bit of demand comes from there, the prices will escalate to those levels in a fancy of disillusioned minds.

You can’t compare an sparsely populated island in the pacific to that of one which has demand and it’s no matter on how much money you spend in making it luxurious, its a waste of effort and time.

Bitcoins hash rate, efficiency of mining determining input costs. Click to enlarge.

As the difficulty increases in mining of coins in order to make it a finite resource, more energy is consumed as efficiency drops and it then becomes scarce, this is the mathematical equation behind bitcoins miners and developers illusion, assuming that the input costs are part of the underlying, when its not.

Bitcoin Energy Consumption to determine underlying replacement costs. Click to enlarge.

Bitcoin uses more electricity than Uraguay, Kyrgyzstan, and Paraguay, yet what is the productivity use or value created out of this?

Bitcoin-Energy-Consumption-vs-Ranked-Countries. Click to enlarge.

Gold is a finite resource with utility which makes it of asset of stored value of no other kind.

Bitcoin-vs-Gold-Total-Annual-Energy-Consumption. Click to enlarge.

While it only takes 1.4 barrels of oil equivalent to produce an ounce of gold, it takes 10.1 barrels of oil equivalent to produce one Bitcoin.

Bitcoin-vs-Gold-Total-Energy-Consumed. Click to enlarge

Therefore as per the Maths.

Bitcoin-Production-Cost-Bevand-as per May-31-2017. Which today is closer to 1800 per coin generated and rising. Click to enlarge.

Hence, anyone investing in Bitcoins needs to understand the total dynamics behind them and understand which asset if behaving more like a bubble.

Bitcoin-vs-Gold-Cost-vs-Market-Price, Click to enlarge.

Now if we are in agreement on input costs and the underlying just been a waste of valuable energy resources to output a single coin, lets look for the second most important attribute of that of Its value creating UTILITY and you will find there is none except for illegal money laundering, and stashing of hidden wealth from which Bitcoin has benefited enormously from the chaos and collapses of various economies across the world.

In fact Bitcoin founding and origination is mired in Mystery with rumors of the founder himself owning a million coins and we have various reports from a couple of years ago where sites which accepted Bitcoins in its infancy were gifted hundreds and thousands of coins.

First things first, If you are investing in either Bitcoin or Gold, it’s important to understand which asset is behaving more like a bubble than the other and Bitcoin is clearly a bubble and a Ponzi which needs fake news to thrive on.

Fake news, bitcoin is be it all and end all.

Bitcoin Flyer, more fake news.

Soon the USA Government

Bitcoin Bandit

Bitcoin will starve the banks fake news

Santa Claus is coming early this year.

Whipee its going up and up

bitcoin-money laundering activities.

Jimmy Loves Bitcoin. Jimmy needs to understand front running in unregulated markets leads to fraud and scam.

Listen to the audio file below to understand the meaning of front running, it happens a lot in bitcoin where the order fills are not in accordance to price. Exchanges and brokers are part of this scam, while people without any background and understanding are been suckered in.

More Fake News. Do you know Bitcoin is worth a Million and Why.

Bitcoin is still tiny, a sparsely populated island compared to the one in demand. If this is not scam than what is it?

More Fake News. Its going to a million and here is how?

For those who are unaware of a Ponzi which is also a bubble. Look up Tulip Mania.

Its unregulated and largely biased by the few who profit the most out of the high price. Caveat Emptor if you are invested.

Bitcoin needs a constant barrage of fake news and steady stream of new incomers into the scheme to justify high prices, if this is not a ponzi that what is? Its highly fraudulent by the misrepresentations occurring coupled with “Front Running” activities of brokers and exchanges in tandem with such activities.

Steve Wozniak misquoted, every statement is manipulated for higher price.

Bitcoin Fork. If Bitcoin is decentralized, then how come some minor parties, not majority, decided to create a fork and outputted a new coin? Isn’t decentralization on the basis that no single parties or minor group of parties members can control or direct outcome without the consent of the many.

Who benefits. The multiplicity of money. A revolution of no other kind.

In Conclusion, Fools and their money part always fast.

Gold breaks 1226.

February 6, 2017

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Most traders have just returned after the long Chinese New Year holidays.

Today, Asia

Is a force to reckon with, namely South East Asia, with Hong Kong leading, Singapore, Tokyo, Shanghai, Mumbai and Kuala Lumpur are increasingly becoming Financial Capital Centre’s and holidays here are often in tandem with quite low volumes in;

European

And America’s Market.

What does this mean? Your guess is as good as mine. – Daniel Mankani

In any case, Chinese New Year holidays always bring memories of Redpacket.com

China tweaked some of its short term interest rates to the upside and gold has now broken out of its top max resistance. In December 2016, we highlighted, that; if Gold breaks above 1226, it will be time to pay attention on matters of geo-political, deteriorating international relations and may provide clues of picked up momentum, massive confusion and chaos in global order and this will; also indicate the coming peak in the US dollar. The US dollar is indeed the greatest bubble of our time’s.

And Its not coincidental that the greatest bankruptcy expert reins leadership on the most bankrupt nation on the planet. It may seem to you, that this is a coincidence, but as highlighted in various other past postings of ours, its not coincidence, but by design. Historically, there has been no country or empire that has come out unscathed by engaging in useless, expensive, overseas wars, which add to it no added benefit, but just providing a feeling of benevolence. That’s America for you, today!.

What is Dynamic Trader, Trend Trading Dynamics & Disclaimer’s

Stocks are flashing RED.

Albeit, this chart is from 2013.

Stocks have been kept elevated by global central banks buying equities with both fists. This regular interventionist activities by such groups, is an attempt to create a misunderstanding and drive a perception, with the hope, that it manifests itself, that all is well.

Such is an experiment, that former Federal Reserve chairman, Mr Ben Bernanke undertook, in order not to let the economy hurt, as badly, as it did, in the great depression.

Dollar Yen Threatening Weekly Lows. Its not only gold. Flashing RED.

The equity market and its underlying is fundamentally driven, you can only create an illusion and as much so, only till, such a time, that the illusion can take hold by itself and manifest itself, but when you have multiple time cycles coinciding at the same time and they are against it, such an attempt can indeed lead to a much undesirable behaviour and a threatening outcome, which again, by itself, repeats itself.

Foolhardy, as it all seems now. Not only Stocks, debt and money too is manipulated at much greater levels.

Even back then in the roaring twenties, there was also a Mr; Bernanke back then, who also would have tried his hand at the shadow game of perception management. past charts are simply, reflective of those times, which again repeat itself with greater volatility.

./update.21:50hrs KL: Remember this; The down move will announce itself with a min of 2% move.
Additionally, US Stocks have not have had a 1% move over the last 43 days.

What does this mean? Your guess is as good as mine.

Key Stats.
Gold Key Levels: 1180.55 {Support}
1260 { Pivotal Resistance |
2017 Low: 1146.05 | High: 1244.76
2016 Low: 1060.54 | High: 1375.17
Historical High: 1920.74 {09/2011}
Recent Bottom: 1046.18 {12/2015}
Short Term Bias: Bullish / Peaking
Medium Term Bias: Bearish / Bottoming
Long Term Bias: Bullish.

When SPX breaks down, gold could be nearing 1243. A potential stopping zone within 1238-1243 region. If stalled, then 1218 needs to provide support, a move below here, opens up 1200 and 1185, fooled ya for X-Mas plays out. Am expecting two things at the same time.

A break of SPX as well as stalling of gold near 1238-1243 region. Now, although both markets are closely co-related, Ceteris Paribus; SPX down has seen gold bids at most times, this occurrence has been on a tick-by-tick basis and as if, GOLD is a safe haven / Trump INFLATION play.

With the current setup, there is now an even great possibility that gold break downs, as the fools rush in, setup completes in the stock and bonds markets.

Each and every time, right at the peak, first the stock market sells off and gold rises with noble intentions, once here too, fools rush in completes, the sell off begins, momentously driven further as the stock plunges takes greater hold. my speculative mind tells me, it may be right about this time the collapse hits, And we see gold too, sells off, this has happened at the apex of every peak. This coming sell off, could offer an even enhanced; buying opportunity.

No different this time.

./ We shall see.,

07:30 – 19:00

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+1.818.206.0181

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The March Forward, Gold Breaks 1326, Trump the Dollar, The Emperor with no Clothes.

TRUMP the Emperor who has no Clothes.

Mr. Trump is a showman.

An Emperor With No New Clothes.

Trump the Dollar.

BITCOIN – A Fraud and Ponzi in a Disillusioned World – Daniel Mankani

Attributes which Bitcoin doesn’t have.

Caveat Emptor,

Gold breaks 1226.