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
23,474 Blog Posts

A Lesson Learned in Blood

As you can see, Ben Bernanke has seized control of Washington D.C. and has enacted a policy of perpetual stock market increases, whilst encouraging rapid commodity inflation in order to overthrow rogue regimes, worldwide. This plan is working wonders in the middle east today, as their stock markets melt-the-fuck-down and their governments crumble, under the weight of expensive bags of rice.

Back home, here in the U.S., cowards with small dicks sell short stocks and/or buy leveraged ETF’s that go lower, all the time. They claim to have timed the top, yet again. But, there is no such thing, especially since Ben Bernanake removed the ceilings.

With my money, I am concentrated inside of a few positions, namely BORN, EXK, KEG, GTE and AMKR. I intend to allocate some of my cash today, but not just yet. In the big scheme of things, there is no rush. Money will be made, all in good order. The important aspect of the winning process is to savor it, drink it slowly. Your enemies will run around like jackals in the night; but they are stupid and do not have GPS tracking devices.

Young plebs, volatility is collapsing and your name will be remembered, etched in granite, blood removed and limbs dispersed to the darkest corners of the earth.

If you enjoy the content at iBankCoin, please follow us on Twitter

30 comments

  1. WTF

    Stagflation seems like a good outcome. Ben B. will get his inflation, and Obama will have his unemployment (pun intended).

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Woodshedder

    Isn’t there a tabbed blogger holding said inverse ETFs?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. chuck bennett

    I dont know why my short march calls on ZSL are only .40-.60. these fuckers should be ZERO because this bitch is NEVER going back to 13.00 .

    regards

    chuck

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. panamaorange

    $DRYS , $BALT and $DSX are looking interesting

    The Baltic shipping index has priced in the apocalypse for many months. Even if the market can just stabilize sideways, they should offer good bounces

    http://stockcharts.com/h-sc/ui?s=$BDI

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. J Livermore

    Nice set up on KEG, followed you in today. Late, I know, but it looks to have plenty of upside. Nice strength on Friday.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Trading_Nymph

    So all of this, is just to destroy EM, China? In the end, We default on our Fed Funny Money and go all protectionist??….pretty darn interesting plan, I don’t think Washington is able to think of something as creative. Wonder if it would start a war when China gets that screwed? Thank you Fly, you have mentioned this before, but it is fun to shift my focus to how it would all play out if you are correct on Washingtons Plans of Global Power.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Bullish

      Please don’t quit your day job.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • WTF

      Default. Default? Default!? START THE PRESS!!!

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Trading_Nymph

        lol…we could wipe out a lot of debt. Sort of like people that max out their Credit Cards before they file for Bankrupcy….lol….but USA better wait for a reasonable time before filing so allegations of fraud won’t be an issue……………. Bullish, actually you would want me here vs my old day job….I use to practice Criminal Law and was darn good at getting very bad people back on the Streets…IMHO I do less social harm becoming fustrated with a Copper Bubble here.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • WTF

          All right, on a serious note. I am a recent convert to the MMT. True ReligionTM. Hence my sarcasm regarding US default. It’s impossible. Plain and simple. “Maxing out of credit cards before bankruptcy” would be a clever thing to do for the Government. At least that might make 9.4% unused labour force to do something useful for the economy and move GDP up.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • Trading_Nymph

            Of course the USA won’t default. But nothing is Impossible, History shows us that Global Powers come and go in time…but that is just random thought. Right now I am watching the SPX on the minute chart trying to hold the 377MA fibo support at 1282.19ish so my mind wanders…if it can’t hold…timber.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • Po Pimp

            Right now I am watching the SPX on the minute chart trying to hold the 377MA fibo support at 1282.19ish so my mind wanders…if it can’t hold…timber.

            You’ve said some pretty dumb shit over the last year or so, but this is right up there.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • go2mars

            MMT (Mart Resources) that I think is a good buy right now?

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • WTF

            Modern Monetary Theory. Macroeconomics. But I like the way you think, Mars.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
  7. Aristotle

    savor – enjoy slowly and richly, Fly with a rib-eye!

    savior – Barack Hussein O’Bama elected president of these here United States

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. JTU

    PWER moving up ahead of earnings after the close.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. Barack Hussein Obama

    Mr. Fly, please be civil. Please stop your rancorous ribald rhetoric. Just lower the decibels.

    • 0
    • 0
    • 0 Deem this to be "Fake News"