War, Silver, AUD, Putin, China = Fun

I feel I’ve gotten a little soft here during the past few weeks.

In not being as “overly thrilled” with the market as I normally am – the blogging has suffered as……if you don’t have anything good to say well……you know.

This tiny blip / risk aversion based on “at least two” of the black swans we spoke of last week restores some faith in the fact that markets are still markets, people are still people, and emotions are still emotions.

The Central Banks do all they can to lull you to sleep but in reality are relatively powerless against the “true forces” of fear and greed – where human emotion will always take the front seat.

Take for example the massive printing efforts in Japan – propping up the Nikkei. It’s all going to look pretty ridiculous as “only a matter of days” can erase “1000’s of points” in a heartbeat. Imagine when things really turn? ( as they will ).

Russia has put Obama back in his bunker with suggestion ( if not action already ) dumping U.S Treasuries as well US Dollar reserves alongside their good buddy China – essentially holding the capability to “level the U.S economy” without the use of a single missile. You gotta love that eh?

As suggested earlier Putin will not let these tyrants in Washington get their grubby little mits on Ukraine without a fight….and rightfully so (if you understood anything at all of the importance of Ukraine, and its massive network of natural gas pipelines that feed Europe).

Obama can kiss my ass. He’s beyond desperate, and essentially “toying with war” as Russia merely protects what it already has.

Me…..I’ve got important things to take care of over the next couple of days – “very” important things…so I will look for WWIII to start Monday at the earliest ………..and “never” at the latest.

Have a good weekend all – keep your eyes peeled late Sunday.

Short AUD – killer, and the long list of gold and silver miners entered “weeks ago” doesn’t hurt either.


31 Responses

  1. JSkogs March 14, 2014 / 2:20 pm

    Well while I’ve had a few risk off trades work well of late I have to admit I thought I’d see a lot more selling given market and news conditions. This doesn’t look like very aggressive selling to me so perhaps it’s just continuation. Boring!

    • Sachin April 3, 2014 / 8:07 pm

      I hope all this calms down soon, as it is not in anyone’s intsreet for it to continue. That, I believe, is why the French prime minister called Nick Clegg on Friday afternoon [to build bridges].

  2. ezyfx March 14, 2014 / 6:42 pm

    Its a game of chess…

    The main chess pieces are those who control power supply, business, unions… research will show about 6 or so players…
    Rinat Akhmetov… his SCM group controls about half the nation’s coal, steel and electricity.
    Igor Kolomoisky… he controls the majority of business in the Eastern Ukraine.
    Dmytro Firtash… President of the Federation of Employers based in Kiev.
    Serhiy Taruta… Chairman of the Industrial Union of Donbass.

    There are others, but these are the main ones.

    These people/organizations are normally at each others throats, but not now, no… now they are banding together trying to “protect” their money machines from the biggest player… Putin’s Russia. If and when Russia takes over, all their playgrounds will likely be “nationalized” in the publics best interests and their chess game will be over, and the money will flow to Moscow.

    However, in the meantime these rich players are being appointed by the new Kiev administration as regional leaders to try and hold Ukraine together… and when rich industrialists and union leaders take control of governments, they borrow up massively from the worlds banks to restablish order, rebuild infrastructure (and in doing so expand on their own wealth).

    … and whatever the outcome, whether they succeed or Putin succeeds, the massive new debts HAVE to be repaid… the Banksters of London, Wall Street and the EU etc are the real winners. Another emerging economy enters mainstream with it’s taxpayers for the next 2 or 3 future generations saddled with having to pay back stupid national debts.

  3. schmederling March 14, 2014 / 8:13 pm

    Sunday is the big day – come Asian open – London & then into the NY session….. What plays out overseas will be the trigger…. getting close….

    Cheers Schmed

  4. schmederling March 16, 2014 / 5:19 pm

    Jumping in short USD/JPY here – daily fires confirmed …. lot’s of set-up…. Aussie/USD set-up running some 11 days….
    Silver in a daily – DXY looking for further weakness…

    Cheers Schmed,

  5. Anonymous March 16, 2014 / 10:14 pm

    Shorting Aussie?

    This sounds like a big mistake Kong, wanna know why?

    • Careydina March 17, 2014 / 7:01 am

      Aud/jpy up 100++ today. It doesn’t break below 90. Tough games. Sigh.. hahaha..

  6. Careydina March 17, 2014 / 7:28 am

    There were few good data from the US. Is US economy getting better? That’s really surprised me when i saw the numbers today.

  7. David March 17, 2014 / 8:58 am

    AUD short is like holding a balloon underwater, it’ll go down but come right back up quicker. I’m getting short here anyway and don’t mind range-trading it.

    • Forex Kong March 17, 2014 / 12:53 pm

      You guys…..have a look at AUD/JPY on a 30 min….and grab a channel tool etc….

      Today looks like a typical Monday and a move to the high end of the downward channel.

      Text book to me.

      I’m on holidays and haven’t been posting much. I¿ll try to get something done tonight.

      • JSkogs March 17, 2014 / 4:05 pm

        Ya I’m sure the threat of war brought a lot of short sellers out and now that hell isn’t freezing over that will be a little fodder for short ride up. Maybe we even get past 93.40. Whatever it gets to I’ll be waiting in the weeds……again haha.

        Hope you are having a fun trip, Kong!

        • Forex Kong March 17, 2014 / 4:18 pm

          I wasn’t gonna let the cat outta the bag for another dayer two but……….

          I’m getting married on Wednesday!!

          Big news down here. Kong getting married Wednesday.

      • JSkogs March 17, 2014 / 4:37 pm

        Whoa man!! Congrats! The blogging can wait. Have an amazing time and of course all the best to your future!

  8. Fuzzybid March 17, 2014 / 1:44 pm

    I whent long friday on a lot of stuff so far i payed me nicely but those countertrend tuesdays could hurt so exiting to buy tommorow again if europe sells the shit and buying in the us session. lets see

  9. Q March 17, 2014 / 4:47 pm

    I hope misses Kong is going to be infinitely flexible when it comes to millions of hours you put in helping us out ? Seriously, congratulations mate. All the best.
    Ps. What the F@!K is the Pound daily futures doing?!

  10. John Wright March 17, 2014 / 5:01 pm

    Congratulations Kong!
    You have to share your returns now though. Loses are all yours lol.

  11. Careydina March 17, 2014 / 5:14 pm

    Congratulations kong! U getting married? Cool! Have a nice holiday!

    • Forex Kong March 17, 2014 / 6:08 pm

      Thank you all!

      I had no idea anyone was really reading / following !! He he he……

      Yes yes……Wednesday is the big day, a Mayan ceremony on the spring equinox ( close enough for us ) out on Isla Mujeres so…pics and info to follow..

      Thank you everyone! Chat soon!

      • Franky March 18, 2014 / 2:41 am

        Congratulations Kong!!! …You were not you going to dedicate some post to these news? Or at least a tweet? 🙂
        …Kong getting married…and short AUDJPY here and there…hehe….

  12. Fuzzybid March 17, 2014 / 10:14 pm

    Congrats kong!!!

  13. David March 17, 2014 / 11:03 pm

    Congratulations Kong and Mrs. Kong! Putting things in perspective, it’s a lot more important for one to develop meaningful relationships than to worry about what the hell AUD is priced at lol. All the best!

  14. Farhan Nasir (@FaniNasir) March 17, 2014 / 11:35 pm

    getting married ,, wow ,, so soon what are you like 25 ?? 😛
    Congrats man ,, hope you have a happy married life ,, Cheers ,,

    • Careydina March 19, 2014 / 12:45 am

      Anybody have seen NZD/USD? Good time to short now? If AUD down bIg time, NZD should be follow right?

  15. schmederling March 18, 2014 / 8:27 pm

    Hey Kong…. congrats…. now that’s a trade!!

    Cheers Schmed,

  16. schmederling March 18, 2014 / 11:18 pm

    Aud/Usd – daily in the process of posting a positive fire here – we will see into close…..looking very good here for the Aussie!

    Cheers Schmed,

  17. JSkogs March 19, 2014 / 7:40 am

    Going to start fading in yen longs again. Been holding USDCAD long for what seems to be forever because it just bears fruit daily at this point. Hope the wedding is going great, Kong! Live it up!

    • JSkogs March 20, 2014 / 8:50 am

      scratch that its too early for yen longs

  18. Power Corrupts March 19, 2014 / 11:28 pm

    Kong! No posts in a bit so reading these comments and voila it’s now clear why – congratulations!

  19. Careydina March 21, 2014 / 9:56 am

    Aussie up quite a bit. Time to short it again 😉

    • Careydina March 23, 2014 / 10:42 pm

      I have some aud/jpy. Long term short aud. Yeah i got a position-long aud. Haha…

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