Zero Sympathy From Kong

They can spin this in the media that “China is the reason” – Ridiculous!! China is the only thing “right” in this entire mess.

You all have read and followed along…..and for the most “dropped off” around about the time that I suggested that things where going south. You don’t want to here the truth, you want to believe in a system that is currently “systematically” wiping out your entire retirement.

At this moment I’m about as close as I’ve ever been to completely shutting this blog down, short of putting a big fat price tag on it that none of you can afford.

It’s ridiculous. Shut off your T.V to start…..as the same morons running your countries have long ago bought the television view in front of you. Debate the levels…..consider the “dips” – seriously…..gimme a break.

I’m pissed.

I’m pissed at you – actually……and totally disappointed to say the least.

Good luck – we “may” see you soon.

Kong…………………………totally “gone”.

 

 

 

The Hard Truth About Market Reality While Everyone Else Lives in Fantasy

China’s Currency Strategy vs Western Delusion

Let me spell this out for those still living in denial. While Western central banks have been printing money like it’s confetti at a New Year’s party, China has been methodically positioning the Yuan for long-term dominance. The PBOC isn’t playing games with endless QE nonsense – they’re building real economic infrastructure while your precious dollar gets debased into oblivion. When I see traders still chasing USD strength based on some fantasy Fed pivot story, I know exactly who’s going to get crushed when reality finally hits.

The USD/CNH pair tells you everything you need to know about where this is heading. China’s been accumulating gold, reducing dollar reserves, and building alternative payment systems while your mainstream media feeds you garbage about “Chinese economic collapse.” Wake up. The only thing collapsing is your purchasing power while you keep believing the same tired narratives that have been wrong for years.

Why Your Retirement Is Getting Systematically Destroyed

Every time you buy another “dip” in SPY or chase the latest meme stock rally, you’re playing right into their hands. The correlation between equity markets and currency debasement isn’t some academic theory – it’s the mechanism they’re using to transfer wealth from your pocket to theirs. When the DXY eventually breaks down past 100, and it will, those equity gains you think you’re making will evaporate faster than morning mist.

Look at the EUR/USD, GBP/USD, AUD/USD – every major pair screaming the same message if you’d just listen. Central bank coordination to destroy purchasing power while propping up asset bubbles. Your 401k might show bigger numbers, but try buying real assets with those inflated dollars. Try buying energy, food, or shelter. The purchasing power destruction is already here, hidden behind manipulated CPI numbers and media spin.

The Television Lies and Market Manipulation

Turn off CNBC, Bloomberg, all of it. These aren’t news sources – they’re propaganda machines designed to keep you on the wrong side of every major move. When they’re telling you to buy the dip in tech stocks, smart money is rotating into commodities and alternative currencies. When they’re fear-mongering about China, institutional players are quietly accumulating Asian assets and currency exposure.

The forex market doesn’t lie like talking heads on television. Currency flows show you exactly where the smart money is going. The Yen carry trade unwind, the Swiss Franc strength, the persistent bid under gold – these aren’t random market movements. They’re systematic positioning for what’s coming next. But you’d rather listen to some suit on TV explain why this time is different, why the Fed has everything under control, why American exceptionalism will save your portfolio.

Reality Check: What Happens Next

Here’s what’s going to happen, whether you want to accept it or not. The dollar’s reserve currency status is ending, not tomorrow, but the process is already underway. Every BRICS meeting, every bilateral trade agreement that bypasses the dollar system, every central bank diversifying reserves – it’s all part of the same trend. When the USD finally loses its bid, your domestic purchasing power collapses overnight.

The EUR/USD breaks above 1.15 and stays there. USD/JPY collapses below 130 as the carry trade unwinds accelerate. Commodity currencies like AUD, CAD, NOK outperform everything dollar-denominated. Gold breaks $2500 and never looks back. These aren’t predictions – they’re mathematical certainties based on monetary physics that central bankers can’t repeal no matter how hard they try.

You can keep believing the fairy tales, keep buying every dip, keep trusting the same institutions that created this mess to somehow fix it. Or you can face reality: the game has changed, the rules are different now, and most people are positioned exactly backwards for what comes next. China isn’t the problem – China is the solution, at least for anyone smart enough to see past the propaganda and position accordingly.

11 Responses

  1. kevin1959 June 20, 2013 / 3:31 pm

    I don’t know what caused that rant, but I find your posts informative and except for a couple of times have enjoyed reading them. Hope your day gets better

  2. Deano June 20, 2013 / 4:02 pm

    Hey Kong, what brought this on? So many great opportunities yesterday and again today, I’m up over 600 pips on a couple of trades based on USD long positions. The AUD is tanking as expected, along with the NZD (hehehe) and now the CAD, and looks like Yen weakness may have resumed.

    The expected overreaction of the market to Ben’s comments brought some great trading, and now I think the USD will settle a little and allow the index currencies to play a little catch up even, with the poor EUR data.

    Stuff what others might be doing – so chin up, chest out, smile and keep on punching – you’re too good a trader and blogger to go away!

    Cheers,
    Deano 🙂

    P.s. how much do you want for the blog! lol

  3. Terry June 20, 2013 / 4:06 pm

    Just started reading and have already learned so much from you. You are great at explaining advanced topics in simple terms.

    Don’t let the trolls bother u, they are only bitter since they are jealous of your success!

  4. Devil Yell June 20, 2013 / 4:28 pm

    Kong!!!???? Why hast thou forsaken us????!!!!

    Most of the comments I’ve seen since tuning in have been in agreement, and if not in agreement, courteous at the least.
    Maybe you also get feedback and comments elsewhere?

    I appreciate your analysis and humor as I have stated many times. I trade bravely, but not foolishly, when your analysis jives with mine. Au$$ie is the most recent example.

    I dunno why you feel we are against you? However, it is a volunteer army on both sides of the modem so you call your shots.

    One address I use is [email protected]. I would be delighted to hear from you or any of the savvy folks that subscribe to your thread.

    Meanwhile, I urge you to reconsider bailing out. You will be missed by any/all of us!

    Sincerely,
    Devil Yell

  5. ervoner53 June 21, 2013 / 8:10 am

    Kong……I read ur comments on a regular basis…..has been very informative…..and a great learning curve.
    Keep…at it….u have become an inspiration to many.

  6. Superpositron (@superpositron) June 21, 2013 / 8:19 am

    KONG, while there are thousands, you are one of two forex traders i follow. (No menage a trois). Sit down, relax and eat a banana and avocado smoothie with chocolate coated crickets sprinkled over it. You arent going anywhere. You are the difference between noobies making a breakthrough and noobies blowing up their rent money. You are making a difference!

    • Forex Kong June 21, 2013 / 6:05 pm

      Much appreciated Super P! You nailed it – not goin anywhere.

  7. Devil Yell June 21, 2013 / 3:48 pm

    Superpositron,
    Amen and amen.
    Thank you for your suggestion and comments.

    I drank the banana & avocado smoothie with cricket sprinkles and I’m feeling much better!
    Kong, PLEASE DRINK ONE TOO.
    My rent money hangs in the balance.

    • Forex Kong June 21, 2013 / 6:02 pm

      You people are nuts – I love it!

      Hey…..I can’t get back to each and every comment here on an individual basis but do want to say thank you – TO ALL OF YOU! for the show of support and positive feedback. This “blogging thing” is by and large a completely fruitless labor, and at times “taxing” to say the least. In all – the frustration often lies with the “blogosphere” in general and not any one individual. A guy spends weeks cracking charts, suggesting direction offering macro analysis that plays out on point..only to have the entire planet making excuses / runnin around with their heads cut off like – “what the hell just happened?” – hello!

      In any case…..back atter gents!

      lets get back at it!

  8. Power Corrupts June 22, 2013 / 8:21 am

    Kong! “Hear now this, O foolish people, and without understanding; which have eyes, and see not; which have ears, and hear not:” Yours is a common experience among true prophets…

    • Forex Kong June 22, 2013 / 8:23 am

      Hey Power Corrupts!

      Nice seeing you kicking around. I’m back in the saddle here – and will continue to soldier on!

Leave a Reply