Senator Gint (CH) is correct. The gold and silver bandwagon is a coveted one and he is the jockey. Watch him whip his Kentucky horses until they die, long a variety of precious metal stocks. I am simply moonlighting, here for the money then I am gone. My treu passion lies in other industries, separate from the homogenous thinking of the doom and gloom crowd. However, for now, I am emphatic about gold, long GSS—liking a variety of other names as well.
None of this shit means anything to me, considering my 80% cash position. As the market melts up today, I lie in the tall grass waiting for a small doe in a wheel chair to lose focus.
The stock action is great. Investors are buying the dips and selling the rips. Apparently, the Italian crisis is not important and the Bearded Clam is firmly in charge. At the same time, semiconductor names are missing earnings expectations by a fucking mile. Hat tip to Analyst Bomber for calling it. He was right and I was wrong.
In closing, I am not buying into this rally just yet. I am playing small and keeping my eyes fixated on CDS spreads.
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LONG AG and WNR!!
“waiting for a small doe in a wheel chair to lose focus”…You are one funny MoFo
Love that av.
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Just sold out of my DDM (partial) that I bought over the last coupla days.
I gotta say this PPT is fucking amazing stuff in this market.
Clam comes to the rescue!
nice homage to the resident senator
Oil should go supernova too. Yen strengthening against the dollar off of Bernanke. Tonight Japan will flush some more yen down the toilet to weaken the yen and it will end up in commodites.
Where’s the best place for someone whose never been involved with pink sheets to learn about CDSs? Between reading The Big Short and watching Inside Job, I’m afraid that the world is going to collapse as soon as I start thinking about those three letters.
i the fly, no wonder why. what’s the reason for the treason huh? I’m high post, higher than most, not from France, but I eat French toast…
The ‘Fly’ is one of the very few who is not only usually right, but actually points out the rare moments he’s wrong (rare indeud). All hail the ‘Fly’!
The wrap was wrong.
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