From the same people who invented the twist and the running man, I give you “the robot.”
To do this dance, you must first open up your bullshit online brokerage account. Then, once logged in, you will sit back on your “piker-esque” swivel chair and just click buy orders. That’s it. Everyone can do it, even Grandma.
In summary: lean back on your bullshit swivel chair, then click the buy button.
You will find, much to your delight, that by doing “the robot,” you will become rich as fuck. You can steal your neighbors wives and even buy their sloppy homes in foreclosure. Everyone is doing it and it works. Look at our biggest and finest banks: Citigroup Inc. [[c]] , JPMorgan Chase & Co. JPMorgan Chase & Co. [[jpm]] , Bank of America Corporation [[bac]] and Goldman Sachs Group, Inc. [[gs]] . They do “the robot” every fucking day, and as a result, and have made money every single day this year.
As for me: I’m feeling my GMX Resources Inc. [[GMXR]] , [[CBD]] and Eastman Chemical Company [[EMN]] positions, right about now.
NOTE: I bought 2,000 Ctrip.com International, Ltd. (ADR) [[CTRP]] at the open.
At least my chair swivels (unlike that busted ass GLOBAL INDUSTRIES, INC pos you’re riding). heh heh
WTF is global industries? putz.
It’s that chinese made thing your boss bought for you from amazon:
http://www.amazon.com/GLOBAL-INDUSTRIES-Pneumatic-Midnight-Fabric/dp/B001MXQPFI
no arms even. breeheehee!!
He’s talking about the overpriced office chair…like mine…But I have the top of the line. It is still a POS
word.
OOPS! Wrong chair. Here’s Fly’s chair:
http://www.bizchair.com/rut-eo1-bk-gg.html
What do you guys think about BIDU?
Fly, when are you going video?
GMXR – Only wish I had a full position, rather than 1/3… PPT Rocks. Thanks Fly.
Fly instead of forcing people into treasuries could the plan be force them into the market? Seniors are looking at another year of no return on their CDS.
I think the world’s bankers are in the process of moving the decimal one space to the right.
I’ve stopped worrying and am learning to love inflation bomb.
Nice Tampa– move the decimal one space to the right. Gov’ts would rather do that than take tough action.
Inflation and devaluation of the currency is really their only option. Higher inflation will initially be party on–housing will go up and unemployment will decline.
If they go with inflation they are choosing the younger generation over the older one. Why wouldn’t they? The older generation should bear responsibility for their overspending and leveraged lifestyles.
And from a domestic unrest situation, I’d rather have seniors rioting that they can’t hit their Holland America cruise and have to sell their Buick than a bunch of UFC inspired, Amp drinking twenty somethings who can’t find a job and are crushed by deflation.
WWLP is my thesis and I’m sticking to it (at least in the short-term)
Exactly Tampa. Nice rant.
How exactly does inflation benefit a younger generation over an older one?
Inflation will kill those on a fixed income. All these seniors who are buying fixed annuities because they are protected against losses will get crushed.
As the Fed monetizes the debt through inflation, deficits can come down and less of the federal budget will go to interest on the debt payment.
I saw a study that an increase in inflatiton to five percent would drop unemployment by 2% points.
I’m not saying it’s a boon to the younger generation, but they will be much better off in an inflationary versus a deflationary environment. Without inflation to monetize the debt, the younger generation will be on the hook to pay the deficit back for decades.
It’s either monetize the debt thru inflation or make the following generations pay for it. With massive inflation, the burden to the next generation is lessened. But the inflation will kill Seniors on fixed income.
They may try to keep up with inflation with CDs that move up in rate, but I don’t think their returns will keep up with inflation.
That’s my best quick answer to your question. I hope it explains it.
I guess it depends on what your definition of “old” is, but I would say that inflation does not benefit the young at all. More like it benefits baby boomers getting ready to retire.
Firstly, boomers who are wrapped up in real estate have an opportunity to unload those bad investments to younger generations at higher prices, which certainly isn’t in the younger generations best interests.
Second, most retirees on “fixed incomes” like SS are already guaranteed adjustments to counter inflation (although it’s measured in such a poor way with the CPI, I guess they do lose out).
Third, I’ve been looking at hiring at the moment and most companies are taking in younger workers because the older generations are less likely to have a college degree.
And finally, there’s an anomaly that’s going to come to light in the next decade which is more or less untalked about at the moment, which centers around IRAs. My understanding is that, as retirement kicks in, retirees are required to liquidate some ratio of their holdings each year.
So that being said, I think you’re completely right, in that we are being (or will be) forced into the market place. But I’d maybe suggest it’s for the benefits of the soon to be retiring baby boomers, as opposed to any other generation.
Mmmmm……..how does interest on the debt of the Feds go down if inflation is driving interests rates up? Maybe I don’t understand………..
On the 5% inflation driving unemployment down 2%, I would argue that the opposite is treu. A decrease in unemployment creates more demand thereby driving inflation rates up. Which is the cart and which is the horse?
Agreud that inflation sucks for those on fixed incomes.
Heat
Interest rates will go up under inflation, but the real cost to service the US debt will go down as the value of today’s dollar in real terms is eroded. A billion dollars in ten years will be worth a lot less than a billion today under high inflation. Inflation bails out borrowers and penalizes savers. The US is the king of the borrowers.
Interest rates don’t necessarily have to go up even in the face of inflation.
Not only that, but higher CD rates for the Old Fucks, while Federal, State, and Corporate pension funds are being bailed out.
Inflation is GOOOOD!
The big banks do the robot with free money from the Fed.
Tits
N
Ass
Ripping nicely for me. And yes I am a piker.
Out of TNA 4% day trade. Sit back and play with my Silver Eagles I bought yesterday.
On Eagles, you are 10 years too late. I bought mine for under $5.50 each.
TONS of them.
Silver coins are a losing proposition unless you are a hobbyist.
100 oz. bars are where you want to be. Liquid, and as a bonus, you can chuck them quite easily at a trader servant’s head.
Got mine at $4.50 an oz.
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I like the industrial grade stuff myself. It’s not investment grade in the sense of liquidity, but it’s cheaper and still .999, which means investment grade is a furnace away.
My latest order was composed of bars, though.
Never seen industrial grade… how does it differ from bars?
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My first purchase was of pretty cheap quality, composed of ingots and a mish-mash assortment of other forms.
The more standardized form of industrial grade silver is usually pellets or beads. Basically, it’s designed for silver smiths or jewelers to melt down with ease.
But, ironically, the pellets come in sealed bags which, for quality insurance purposes, satisfy most invester needs. They just are harder to sell second hand.
Going video? I imagine after he gets several Sam Fries to keep out annoying advice seekers. And a jug of hot, scalding coffee, to pour on elevator rush patrons.
With 2 cubes of sugar, of course.
Fly,
Love ya man, but get rid of the lame ass, incredibly distracting OptionsXpress ad that’s right in the middle of your text… it cheapens your site, looks terrible and clutters your content, aren’t the ads on the right margin enough??!!
Yeah, get some good ads:
http://www.smartfurniture.com/products/Embody-Chair.html?gclid=COySpa3ozKECFRdSagoduyGkcw
That would be about one of the few things that are done correctly here in Michigan. Herman Millers stuff rocks. Pricey, but it can’t be beat.
Ads?? What’s an ad???
If you don’t have Ad Blocker, AdSubtract and Adsgone running, you’re a luzer.
I haven’t seen an ad here for years, unless Jeremy buries it in the Header across the top of the page.
just added adblock to firefox, no longer a “luzer”, ad is gone, thanks, i think.
Jeremy’s sales commissions for the month just went down. Pay-per-view, ya know.
Thanks to a friend who mentioned this today…
It’s as simple as the movie “Office Space”
When you can place an order in front of your clients – you can make millions a day skimming a penny from every transaction.
If only we could do the robot too!!
As for the in text ad: it will likely be gone by monday
Thank God. I’m all for advertising, but the obnoxiousness of flashing ads cutting through the middle of coherent lines of thought is enough to give a literary critique ADD.
Maybe you should start incorporating advertisments directly in your writing, like Paul Harvey used to do?
Thanks mr mccain
Ouch
Just made a sizable bet against gold….
Brilliant move. Any other secular bulls you are shorting?
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are you by any chance working with Abacus?
LOL. Against them, for most of the decade.
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Jake,
Was asking the first guy who said he was betting against gold. Reminded me of Abacus betting on housing against Paulson in the GS transaction.
I know you roll with the secular trend.
OK this is what I am seeing, tell me if wrong, German stupid GDP was higher then analyst estimates and Europe just went crazy over it and having party which we are joining, BUT, germany biggest partner is China, Germany is just the whore to Daddy Pimp China…so if China in Bear Market…future German GDP’s will be where?like no one is saying that at all, just getting drunk on Tech and Global Growth Plays today……..but Robots don’t think, they just play same old tired algo patterns off of FX/Commodities/rates…
FLY- with the the move up in GMXR today would you take the profit , or do you see alot more upside. The PE looks like there is room for it to move up, with driving season around the corner that should help oil stocks. It looks like it at it’s low point for the year, and trending up. Just wondering.
There is another reason for the robot trade. A massive carry-trade unwind. Oh ye market sages, look into that crystal ball, and you shall SEE!!!