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
23,436 Blog Posts

Lots of Fucking Fuckery

Holy ape shit, I can’t keep up with all of the news flow. It’s egregious.

Let me try to recap:

Libya -fucked
Egypt- fucked
Bahrain- fucked
Yemen- fucked
Israel-fucked
Palestine-double fucked
Portugal- fucked
Ireland-fucked
Greece- fucked
Japan-fucked

Did I miss one? I mean, who in their right mind wants to be fully invested with all of these headwinds. Look, it’s nice to be a positive person, without worries or brains. But some of this shit has to stick. Don’t you think all of this shit is a bit much for a global economy trying to recover from a banking disaster?

Who the fuck knows?

All I know is that commodity prices are lifting off. Everything from rice (Thailand is cutting back from 3 harvests to 2) to gold to oil is going up, despite dollar strength. People want to believe in something tangible in a world of lies and deception. You can touch corn, but not the lying face of Obama.

I am fully invested for my standards, until the world cools off. I will keep my 25% cash position reserved for a rainy day.

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113 comments

  1. TheV.King

    Fly remember that French lady with the mouse?

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  2. drummerboy

    there all gettin in line for the 13 virgins they were promised…… like 40 acres and a mule,or,paying 600 hundo a week in taxes then dying a week before you can collect so-sec.

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  3. Yabollox

    You missed– US fucked.

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  4. bloomberg

    Welcome to the beginning of World War III

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  5. WTF

    So who’s that Casanova who has fucked everyone?

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    • The Fly

      Bush did it all

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      • TraderCaddy

        Actually, the Jerusalem bus bombing was Palin’s fault.
        She was there yesterday inciting violence again, no doubt.
        Waiting for confirmation from he NY Times and MSNBC for this.

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        • WTF!

          You”ll be waiting a long time. Might want to check CNN, BBC or Al Jazeera for an even bigger wait. The left-wing media has no interest in attacks on Jews, only attacks on “Palestinians.” Case in point, did you read about the butchered Fogel family 2 weeks ago in which the father, mother, 3 month old baby girl, 4 year old boy and 11 year old boy had their throats slit and/or hearts stabbed while they slept.? Of course not. I think the story was contained in one sentence on page 37 of some paper that made a point of stating that they were “settlers”, essentially justifying this heinous atrocity.

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          • TraderCaddy

            I should have added (with sarcasm) to my comment.
            Agree with you.
            Except the 3 month old baby had her head severed so I guess technically it was a throat slash.
            Came in through one of the used to be checkpoints that Obama pressured Israel to remove.

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          • Jakegint

            Animals.

            How can they expect sympathy? Their allies in the press can only do so much.

            ______

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          • WTF!

            You just missed a memorial service for the Fogel’s held in a Manhattan synagogue last week, which my shiksa wife and I attended. It was very moving and, believe it or not, a Baptist minister from Harlem received the most applause.
            Fuck the Obamination and the worthless Netanyahoo and Barack. Elect Lieberman.

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          • WTF!

            For those of you just finding out about this massacre here for the first time, the 12 year old daughter who had been out that night came home to this horror and to her 2 year old sibling ! of 2 little kids the murderous scum missed) trying to wake up her father. The 12 year old said that she”ll be a mother to her 2 younger siblings. The “pals” in the “West Bank” shot off fireworks and the Gazans handed out candies in celebration for these “heroic” deeds. I can’t imagine anything LESS heroic and more cowardly—killing a 3 month old while she slept.
            Google or Youtube this Fogel massacre to see the horrible pictures.
            Of course none of this surfaces in the main stream media, but the “Fakestinian” al Dura matter, Jenin “massacre” and all other daily/weekly lies and bullshit make the front pages each and every time.

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          • koshuu

            From the Guarian: “The Israeli government has pledged … that hundreds of new homes will be built in West Bank settlements in response to the killings.”

            Seems like the most reasonable response! Better yet, lets go in there and butcher a baby ourselves! Eye for an eye right?

            I thought the Israelis were supposed to be the adults here…

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          • WTF!

            Oh yeah, forgot about The Guardian. One of the most obsessively anti-Israel rags out there. Any article about the brutal Fogel massacre, the ongoing daily missile and mortar attacks v. Israel, etc. ? Any word about the fact that one of the mortars landed on the roof of a kindergarden but fortunately did not explode?
            Glad to see that where you get your info from kosh.
            Jews/Israelis don’t butcher babies or anything of the sort, we’ll leave that to you kosh and your terrorist-loving, Jew-hating friends at the Guardian.
            The building in what you call the “West Bank settlements” which is all Israeli land biblically, historically and as a result of defensive wars to which Israel is entitled by International Law, should have never stopped and should be increased as opposed to butchering “palestinian” babies.
            Why don’t you use your influence and tell the “pals” to change their charter which calls for the elimination of ALL of Israel and have them stop murdering/attempting to murder Jews non-stop.
            Israel gave back the Sinai and pulled out of Gaza, etc. for peace, but they clearly have no peace partners.

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          • Fido

            you are a stupid fuck. even as the Jews destroy your currency and throw you into another war.

            go watch some more Jew tv

            ROFLMAO – “biblically theirs”. every past empire should start claiming this also.

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          • drummerboy

            just like the genocides of 1915-18 where hopeless women and children were driven in the desert and brutally raped and murdered and a whole race left for forgotten. that was less than 90 years ago.NOTHING has changed in the mena countries since…….oh, the beginning of recorded time. you can shuffle the pieces on the backgammon board,but the game wont ever change.

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          • WTF!

            Hey Fido,
            Go fetch another swastika.
            Typical brainless Jew-hater claiming that Jews are responsible for our wars. Genius, how exactly are Jews responsible for destroying my currency and getting us into our 3 current wars which are all in arab countries/Muslim countries trying to save arab/muslim from being slaughtered by arab/Muslim? Don’t strain your pea-sized excuse for a brain trying to explain it.
            “Biblically theirs” is funny? Read the Bible or any history book not written by your arab friends who have only been around since the 7th century, you dumb, ignorant fuck. How is it that the “palestinians” and all people have a right to self-determination, except the Jews who have been in Israel/Palestine for thousands of years longer that the “pal”s?
            Or simply check recent history and Israel’s legal right to all of Gaza and the “West Bank” which you conveniently fail to contest.
            BTW, what is Jew Tv? Is that any tv that doesn’t spout non-stop anti-Jew propaganda? Go back to reading your well-worn and semen-stained Ist edition copy of Mein Kampf you stupid piece of shit.

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          • WTF!

            Drummerboy,
            Those were the Armenians slaughtered by the Turks who are still currently doing a job of it with regard to the Kurds as well. Also they took over half of Cyprus and are occupying it without any legal right to same unlike Israel’s right to all of Judea and Samaria (the “West Bank”). But of course the world ignores all of this, the genocide in Sudan of hundreds of thousands and the ethnic cleansing of millions, murders of protestors in Iran and Syria, etc. and concentrates on Israel and its “occupation” of its own land. At best the land is “disputed” not “occupied” but that isn’t stopping the Israel obsessed UN from issuing another 6 resolutions condemning Israel this week or next.

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  6. Surplusdroids

    Housing – fucked. (again or “still fucked” whichever one prefers.)

    Perhaps it is time to build another sewer/steam pipe bunker.
    Ugh.

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  7. Bullish

    Bernanke has the power of 10, which basically offsets the 10 issues. Now we are back to even.

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  8. alphadawgg

    welcome to Armageddon?

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  9. The Big Ragu

    Forgot…

    USA fucked.

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  10. TheV.King

    Hammer

    I still have 500K shares…
    sold 750K on the way up

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    • Bullish

      Did you buy any creatine with the proceeds?

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    • Hammer

      Thanks. I have a small position, haven’t seen any news and the selling seems rather anemic. I’ll stick with it a little longer.

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  11. TraderCaddy

    Leaving for NYC tomorrow, so you New Yorkers please make sure the manhole covers are properly secured.
    And what is this snow I read about?

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  12. kedzilla

    Canada – awesome

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    • Raul

      Canada – Can you put any more taxes on your goods? Meinkia! Buy buying power was tapioca in Toronto last weekend.

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      • kedzilla

        Well NAFTA includes the “America is always right” clause

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      • tgarfield

        The taxes control consumption and ensure foreign products are taxed.

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        • Raul

          Well that explains the hobo demeanor or ~80% of Toronto’s inhabitants and the $5.25 gas. They put a lid on consumption. Regardless, Toronto is boss.

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    • go2mars

      USA owns us and you know it. But yes. Still Awesomer than most.

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  13. Bill Johnson

    Winning…

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  14. Malanko

    You forgot Syria, is also almost fucked!

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  15. Yabollox

    War powers act… very effective law. I guess the UN runs our shit now.

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  16. j

    Someone this year will use a nuke. I’m almost convinced of it.

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    • go2mars

      When they do, and uranium stocks drop dramatically again, go buy Uranium jrs.!!

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    • WTF

      The Mayans. They have a crazy Chief. Chavez, if I’m not mistaken. But they scheduled it for 2012. In May, most probably.

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  17. Linda

    Succinct. I love it.

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  18. Jakegint

    I want everyone here to have at least 20% of their port in silver, gold, precious metal miners, or their related ETF’s.

    No joke.

    Please report back for confirmation.

    PS — I am almost 100% out of “reg’lar” stocks.

    _____

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    • drummerboy

      thats why i’m all green today,,thanks senator. the writing has been on the wall, ,but i’m doin more than 20% F it

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    • TraderCaddy

      I had 25% at 9:40 (GDX etf)
      55% at 10:01. (some GDXJ etf)
      70% at 10:15.
      Sold it all at 10:20.
      Put it in SMH @10:21.
      Out SMH 10:50.
      Done for day and packing for NYC trip.
      The life of a degenerate day trader.

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    • go2mars

      About 80% here.

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  19. bduz

    And BOOM goes the WNR bulls.

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  20. chris

    I’m a little more ape shit that that sir. I had been sitting on an egregious amount of soon to be worthless dollars upon joining PPT. Gutless to move into a market I do not understand. I have since deployed into better than 50% gold and silver across the portfolios. I hope everyday for a decline in the usual prospects so as to pick up more cost friendly shares. I just do not see how all this fuckery ends well. And I am happy to report my stash is pleasing.

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  21. thewife

    LOL

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  22. ogma107

    WNR blowin up like nitro. Price target?

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  23. ruggyup

    The whole deal depends upon how much pleasing one’s self takes precedence over the exercise of power in the pits.

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  24. alphadawgg

    The pessimism is getting a little thick.

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  25. tw

    ..the one you missed: United States of Obama…fucked.

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  26. The Zombie

    Where’s Taco and all his clones now?

    The Fly is God.

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  27. The Fly

    Wnr

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  28. TheV.King

    Hammer

    Do it! LMLP will settle with EBAY and JPM end of the summer…look for 10MM each company already has a buck in cash…Then phase II lawsuits start kicking in. My point? Stock core value is higher than where it’s trading now…close your eyes and BUY every share you can…when done…set a limit price of $6.55…while you wait for the trade (by end of spring) start a high protien low carb diet…and for V.King sake start lifting arm and back weights

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  29. Zeus

    This isn’t mount olympus… What is this strange and wonderful place?

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    • drummerboy

      the planet is named, i bankola, where the “FIZ” never ends.

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  30. jringo11

    Per Fly’s post, would someone like to articulate why the fuck the VIX is in the red today…come on really? shit is hitting the fan, yet it as if all these issues were expected and baked in. I’m baffled.

    Have at it…i’m frustrated

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    • trashed

      because vix and especially vxx are pieces of shit and should never be trusted

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      • drummerboy

        i’ll take a shot………………………GET OUT……………..

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      • jringo11

        awesome, b/c i got into tvix yesterday at 44. so im not hurting that bad and can ride it out.
        so what was the warm, cozy feeling that changed sentiment?
        honestly, share your wisdom.

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    • Random

      Government Intervention.

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    • WTF

      Don’t mention VIX or VXX on this blog. They are banned here. Since last summer.

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  31. go2mars

    http://www.bloomberg.com/news/2011-03-23/china-to-build-nuclear-plant-using-fourth-generation-technology-in-april.html

    Unless Americans, Europeans, Japanese, Canadians, etc. start to have kids again, China global hegemony in <15 years is certain. Global reserve currency by then will be Chinese too.

    Generation IV reactors!?

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    • drummerboy

      buy yuan,put it under your pillow,and after you wake up from the long nap, the feathers from your pillow will have been plucked from the golden goose………….jimmy rogers told me that in a dream……….and he was wearing 2 bow ties one was red,the other was blue with white stripes

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    • Yabollox

      China gov’t still doing the 1 child/family policy?

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      • go2mars

        Yes. But only big cities within its borders. I don’t know about your town, but Calgary seems about 1/3 Chinese now.

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        • go2mars

          They work pretty hard at menial jobs with pride, and I’ve never seen a Chinese pan-handler. It’s not all bad. Ol’ Jack Burton likes em so I do too.

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  32. Colonel von Ryan
    Colonel von Ryan

    WNR – nuff’ said…thanks for the pick Mr. Fly…

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  33. Dr Genius

    Following the grandfathers of ibankcoin here and becoming filthy rich.

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  34. alphadawgg

    Copper and copper stocks are probably one key to this market going higher. As long as we don’t breakdown under $SPX 1275 and copper holds $4.15, I believe we go higher. In addition to the buildout of Japan, perhaps the market is also pricing in war and more war, which requires more brass for ammo, of which brass is 67% copper, 33% zinc.

    I plan to deploy more cash if the markets test the lows, or we have a significant breakout above 12,000. Either way, I’m looking to buy as long as copper stays above $4.00.

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    • Trading Nymph

      Alpha, I didn’t see your copper post before I posted…it came up when I was typing. Copper is being bought by Japanese Traders so imho not strong hands at all, esp with the pumps not working yet in the reactors.

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  35. Trading Nymph

    I am a bit bummed…I posted a quicky on IBC News regarding Portugal being the biggie today late last night and it never came up here at this site. Anyway…news on whether Portugal is fucked will be at 4 pm est. For commodities, spot Ore was down again today but Japan Spec Buyers are in Shanghai buying copper, China Govt hasn’t had the balls to stop this yet…China has enough copper. The “Oh Japan has to rebuild after we wipe all this nuclear radiation off us” bunch is just pissing me off.

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    • Trading Nymph

      and FLY great call on WNR and FORM

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    • alphadawgg

      I’m sorry that it’s your time of the month.

      Be well.

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    • go2mars

      Hasn’t Portugal been officially fucked since their expenditures massively exceeded their income? Now it’s just a question of when and how this will unravel.

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      • Trading Nymph

        Go2Mars….Very True, but now we may get to see what a mess europe really is. Alpha…lol, that was so sexist…you have any chocolate?

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  36. alphadawgg

    The contango on crude (WTI) has really narrowed. WTI looks like it could very well go into backwardation at some point in the near future as demand draws supplies out of storage.

    WNR

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  37. TheV.King

    Trading Nympho your post are really interesting…Not as good as Depissy and CT but still interesting…i’m surprised you’re not “tabbed” yet…..

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  38. Geomancy

    Anyone know the chatter on WNR? Have heard “takeover” and “BS” but nothing more…

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  39. checklist

    “Fucking fuckery”. Good one. Maybe not the greatest ibc cursing innovation, though, as “clown raped in pleasant afternooon trade”, “cocaine gorilla rally”, and “full retard style” remain my top 3.

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  40. checklist

    The entire upper midwest is fucked, blizzard style

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  41. checklist

    Via the excellent ibc news service, I can now get caught up on all this fucking fuckery quickly and easily, after spending my morning driving around the neighborhood in my extremely large american truck pulling my asshattish neighbors and their lame lexuses and bimmers out of the snow. All the while mocking them in subtle ways.

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  42. Wilco

    Fly – Bill Miller is on CNBCso I really don’t have time for anything you got going on right now

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  43. Trading Nymph

    OK fwiw at F/X live a seasoned trader is saying his gossip is that Portugal president is ready to accept resignation fwiw.

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  44. go2mars

    A friend of mine just had his jet turned around instead of landing in Tokyo when the onboard radiation sensors registered > 320.

    For comparison:
    http://wattsupwiththat.com/2011/03/17/live-real-time-monitoring-map-of-radiation-counts-in-the-usa/#more-36112

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  45. Market Manipulator
    Market Manipulator

    Commercials want your puts- Squeeze baby squeeze!

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