iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,466 Blog Posts

Back on the Bean

Full disclosure: “The Fly” has been drinking coffee again, at a rate that cannot be described by a mere blog post. Courtesy of my Keurig single server coffee maker aka “The Best Invention since God” (thank you Green Mountain Coffee Roasters Inc. [[GMCR]] !), I’ve been “beaned up” 15 hours per day, for more than a week now.

Interestingly enough, since I’ve been geeked out on caffeine, I’ve had zero desire for alcoholic beverages, not even a beer.

Looking into the future, courtesy of my crystal ball and space aged portal devices, I expect [[TLT]] to trade up, as America forces treasuries down the throats of those who peg to the U.S. dollar (Fuck China!). I know you think China will “man-up” and cease financing our debt one day. ROFL!!! That’s just silly talk, especially since doing that would mean mutual destruction.

Betting on China taking its “wet tit” away is equal to those nuclear bomb bunker motherfuckers, back in the 50’s, promising “imminent nuclear war.”

Just like the old Soviet Union, China does not have the balls to start a financial apocalypse.

As a result, I’ve been buying [[TLT]] down at these levels, while guzzling preposterous sized jars filled with liquid bean.

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61 comments

  1. Le Fly

    Unsalted butter you rube

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  2. BWana

    @jake
    You dont need snow to kick americas ass on the ice rink.

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  3. Le Fly

    Canada has timber ans hockey. Let them have both.

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  4. Carsony

    Bought the Bosh tassimo. Fresh cup of coffee in 2 minutes, no cleanup and no mess. If you love coffee get one you will enjoy.

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  5. mhass33

    That’s well and good but we better start de-leveraging now so that we aren’t in this predicament in 10 years

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    • The Fly

      It’s too late for that. We must eat until we explode.

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      • mhass33

        Dammit… that’s probably true but tough to swallow. The global economy is one giant clusterfuck

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      • HuggieBear

        lol

        this is our fate…

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      • BernieCornfeld

        That reminds me of a Monty Python flick

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      • mrsbuttons

        and don’t forget you can stir your latte with a handgun at your local starbucks and nary a barista will say boo…but do those customers still feel bad when they don’t leave a tip while packing heat?

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      • Metro Mexual

        So, you are saying China will accept the fact that we are going to pay them back in dollars much less than when borrowed? Your thoughts, please?

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  6. The Fly

    Why don’t you try some of the dim sum? It’s delicious.

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  7. manuelstop

    That might be the 60’s – aka Cuban missile crisis; back yard fall-out shelters and the like (toward the late 60’s those musty places made great places to smoke yer herb and drop acid). Historically consistent with your thesis, though.

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  8. Working Man

    Does your Keurig allow for whole sticks of salted butter to be slowly melted into the brew — naturally, mine does.

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  9. HuggieBear

    So does this greece bailout mean a gigantic rally tomorrow or what? Or is it already baked in?

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  10. Swinging for the fences
    Swinging for the fences

    Fly, can we get a seasonality report for MON? It looks like April is a strong month for MON. Can you confirm?

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    • Dr Fly

      MON (march, nov and dec are the best months)

      Month Avg Return Years Up Years Down Days Up Days Down Days Unchanged Variance
      January 2.860% 6 4 95 105 3 -0.45
      February 0.288% 5 5 88 88 5 -0.16
      March 4.894% 7 2 88 104 3 -0.11
      April -1.186% 4 5 94 89 4 0.28
      May 3.004% 5 4 86 99 6 0.15
      June 0.078% 6 3 89 99 3 0.25
      July -0.481% 4 5 96 89 6 -0.12
      August 4.401% 5 4 91 104 4 0.19
      September -2.892% 1 8 96 83 0 0.25
      October 1.258% 5 4 91 105 5 0.68
      November 6.432% 8 2 80 123 1 -0.04
      December 6.215% 9 1 85 118 7 0.45

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  11. BernieCornfeld

    Canada Wins!! WOOT!

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  12. Gbest

    What are you septic tanks doing letting Canada win!
    Canada have also won, flag waving national anthem singing Gold medal and permantly pulled that of the USA, If US tv channels would pump US like Canada does up here, I would expect Iran would lauch along with North Korea it push them over the edge. I have never seen such flag waving from a nation.

    Unlike every other event in the Olympics, Hockey is just NHL guys who don’t have to qualify, you can’t be a Austrian down hill racer and show up for the games, you have have enough points from other turnies, to get into the Olympics. Hockey guys, just turn up play 6 games and make a big deal about a gold medal, what sham of a competition the olympic hockey one is.

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  13. Dr Fly

    Fuck your Tassimo. Long live Keurig.

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  14. dishobgyn

    Dr Fly
    Is GMCR your hidden message for today?
    Are you buying again.
    cheers

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  15. Milktrader

    I’ve increase my caffeine intake to dangerous levels of late and have experienced a similar negative correlation with alcohol consumption. But alas, I don’t drink coffee. Does the Keurig work with Tazo Awake tea?

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  16. Heaterman

    China may not have the sack to mess with currency to the extent that we would be screwed but these boys do.

    http://abcnews.go.com/Business/wireStory?id=9958995

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  17. Dr Fly

    AIG about to raise 35 bill big wins, via selling HK division to Pru.

    BIG news.

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  18. Teahouse On The Tracks
    Teahouse On The Tracks

    Stolen from the IBCNEWSBOT3000:

    How bout QE by Japan to put its’ deflation to bed for good ….

    http://www.businessinsider.com/the-yen-trembling-as-japan-declares-theyll-kill-deflation-in-one-year-with-ultra-loose-monetary-policy-2010-3?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29

    but possibly sparking hyperinflation there with a trashing of the $ as a consequence: A Primer (?)

    http://www.businessinsider.com/japans-hyperinflation-nightmare-2010-1#one-page-view

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  19. Diver Dan

    The problem with Keurig, while I have banked some coin on GMCR, is that Green Mountains coffee is horrible. Why do you think McDonalds signed a contract with them. Nespresso makes a much better product. I haven’t tasted the Tassimo. Frankly, I still prefer to grind my own beans and pull a long espresso on a real machine. It takes me less than a minute longer and the coffee is SOOOO much better.

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    • StockPickingChicken

      I disagree. That’s like saying Peet’s coffee is better than Starbucks. I don’t think so. Not at all. In fact, I dislike Peet’s so much I’d avoid coffee entirely if it’s my only choice. But that’s fine. People have different tastes. After my Keurig, I’m finding a new meaning to life.

      Add in ATT U-verse and I see no reason to leave the house anymore.

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      • JR

        My Keurig machine broke after a month. The issue I had seemed to be a common problem with their brewers when doing a quick google search. Keurig quickly replaced my brewer with a new one. Hopefully, this one lasts longer.

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  20. Unemployed

    VIX is higher and the market is higher,could be shorts looking for a top and may get burned but typically I have found higher vix and higher mkt equal sell off before end of day…hand granade juggling action today…Never was a coffee drinker,drink my first mountain dew of the day usually before 7am

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  21. No Secrets

    Fly wrote: “China does not have the balls to start a financial apocalypse.”

    China and Russia are in love with the pro-communist factions in our own US government. It’s no coincidence that Zbigniew Brzezinski, a known communist, is Obama’s senior foreign policy advisor.

    It’s also no secret that China is expected to the lead the Asian Union that’s already forming (similar to the European Union).

    It’s also no secret that the mainstream news media worldwide is dominated by pro-communist international central banking interests, and that they intentionally distract from what I wrote, above.

    You’re right – there will be no collapse of the US dollar or world economy. The reason is that there’s already a structure in place to immediately back up the system once it goes down — “down” will be a pure media construct and have little to do with reality — and down will be the catalyst for ushering in the new system the bankers so badly want in place.

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    • StratG

      Somebody is saying and wringing hands:
      “I love it when a plan comes together”

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  22. henryfool

    Like I said before the headline numbers on OSTK earnings will overshadow the slimy Byrne stories. No perp walk = no prob for the bulls. The season of thrift will have them blow away earnings.

    http://ibankcoin.com/henry_fool/2010/03/01/ostk-shorts-are-fucked/

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  23. TraderCaddy

    I see the Euro getting trashed but gold stocks holding up reasonably well and no major sell off one would expect so I am looking for a gold stock long day trade.
    And of course SMH is very strong and I have been in and out twice, buying on dips and selling strength.

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    • J

      That’s quite a bullish sign for stocks TC. gold and the buck going up is really a good sign.

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  24. J

    This AIG deal is a huge shot in the arm for the government and for the stock market. It now looks like the AIG will pay off the government the rest of its loans.

    If the Greek hole is plugged the market is heading to 11,000.

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    • TheArtist

      If the Greek hole is plugged the market is heading to 11,000

      ______________
      even If the Greek hole is plugged the market is heading to 1,000.

      fixed it for ya…… ha ha

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      • Metro Mexual

        Yes, 1,000. If were are lucky. Merkel said no bail out… Maybe the Greeks should holster that Nazi talk when asking their bankers for money? Great people, the Greeks…. Went to a lot of their parties while in College… I guess we now know their excesses carried over beyond their Fri/Sat liquor budgets. Can’t say I am surprised.

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  25. mrkcbill

    JAH….nice

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  26. pekoe

    Is that a real picture of The Fly, holding an ibc coffee mug?

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  27. Dirk Diggler

    Look at big STEC go

    Bot another 5000 VHC. If all goes well this could be a great Easter.

    http://tinyurl.com/meandmypeeps

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