The market is not well. Technology stocks are in the pits and people somewhat apprehensive about the cohesiveness of our government. Because of these headwinds, AND MORE, I’ve opted to sit on the sidelines, for the most part. Even so, I’ve taken the liberties to steal treasure from the hands of JAKEGINT, in an effort to “out-gold” him. Thus far, my largest gold positions are GSS and GORO. It’s worth noting, the great Senator from Kentucky has vast fortunes tied up in the yellow metal, as well as silver. He’s been Mr. Robotico for as long as I know him, delving into miners for sport.
ALL GOOD THINGS MUST COME TO AN END.
Starting several days ago, the iBC Construction and Demolitions Company (IBCCADC) started burrowing tunnels from my residence to his. Granted, we are talking about 650+ miles of tunneling. However, the job must be done. Upon completion, we will empty his stores and transfer it via underground railways to my garage.
Having said that, I am about to venture off for the day, at the urgent requests of a Mrs. Fly. It appears there is something of great urgency plaguing her, which can be remedied at the local shopping centre [sic]. To be honest, as opposed to flat out lying to you, I have nothing better to do. I am 70% cash, long GSVC, GORO, GSS, ANR, as well as a few others, and that’s it. I intend, if I might be so bold, to purchase your margin liquidations.
Should the market dive to 12,000, I will get aggressive. Until then, “The Fly” is all about burrowing tunnels, playing defense and spending money and stupid shit at the fucking mall.
[youtube:http://www.youtube.com/watch?v=xrpqMr5ch-c&feature=youtu.be 616 500]NOTE: If you are not reading The Analyst Bomber by now, you are doing yourself a great disservice. One of my favorite reads anywhere. Sharp as a tack.
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723 miles actually. Nonetheless, I shall have spotters hanging at Mile 650, for when your moles surface in Cincinnati somewhere.
Needless to say, they will have “grenade belts a-dangling.”
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Jake’s poodle is guarding the bullion.
Poodle has passed, God love him forever. He was 13 (a big white standard like yours in the pic), and he just laid down next to my youngest’s chair at dinnertime and was gone. No muss, no fuss. Like he always had been.
We now have a schnoodle, God help us. Much different personality.
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Sorry to hear Jake. I know the kids must have taken the news bad.
They took it better than Mrs. Jake and I did!
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@Jake – Sorry to hear about the standard. My favorite breed hands down.
They are just the best, hands down. Those golden doodles are not bad, though. Great personalities, a little dumber, though. Give me the real thing.
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Jake – Condolences from my family to yours. I love dogs and am on my second.
Thanks man. It was a while ago, so we’re all good.
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Jake, I thought you were smarter than that. When traveling via tunnel one goes in a straight line (no longer bound by idiot conduits aka roads), thereby being well south of Cincinatti. You’re welcome.
OK, straight line would actually dump him somewhere in Georgetown, KY. Still wouldn’t make it all the way there.
He’d come out at the Toyota plant and I would get him w. a butane powered forklift
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I got your back Jake. Love ya Fly but don’t mess with KY. We have more guns than sense.
Should be an old Underground Railground linking south to north someplace between Kentucky and Long Island, why build another one? This sounds like another wasteful project headed up by the government.
Underground RR end- hub was actually at Cincy. Didn’t need to go much past the Mason Dixon line.
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Thanks man.
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Kentucky has more chicken than guns.
We have so many guns and so much chicken, we’ve decided to arm our poultry.
The wild turkeys get blunderbusses. Sounds weird, but it’s really cute around Thanksgiving, if they keep the little pilgrim hats on.
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Say hello to my my Uncle in PA as you work your tunnel South.
I am sure Uncle Arnie will let you use the shower.
And while you are in Cincinnati you can get some good 3 or 4 way chili.
Be careful of Twitter and some bloggers out there including some from this site like Scott. It’s just noise respect price its the only thing that pays. We are almost at the all time highs and all they tell you is everything is bad. Ask yourself are you better off than you where 10 years ago. Have you ever gone to sleep hungry? How many of your friends are unemployed? If the market tanks there will be QE3 no matter what happens buy these dips. Happy thanksgiving.
I’m guessing you weren’t around when Scott was buying stocks on the cheap. It makes sense to unload when they’re high. That’s kinda the point, yaknow?
I’m better off than I was 10 years ago because I work my ass off.
I have many friends who joined the 90-week unemployment train at the end of June, more than I knew since the recession ended in fact. However, friends who work in the industrial sector tell me business is booming, especially in the middle east. And, my father-in-law who lives in Tennessee tells me the foreign auto makers are hiring like crazy.
And they are moving here in droves. Audi will be the next to set up shop. In a non-union area, you can bet.
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Scott is Great…even though I think he thinks I am a bit off. QE3 can’t happen with CPI moving up, the Clam has lost his power, any wiff of QEing and Inflation moves up. China has the same problem, any wiff of rate hikes being done and commodities rally..therefore they are stuck raising.
BTW, You mess with Scott, Jake, Chess or Fly…you mess with me.
Hi Susanne, you Californians can sure get feisty, lol.
Flyaway…LMAO…Grrrrrrrrrrr!!!!……. Subcomandante if I could find Bjork in a Black Swan it would be the best Advatar ever. Go2Mars…lol…hey were you talking to Subcomandante regarding “bearing” it all?
You’re packing white swan – defensive strategies too easy to defeat. Suggest you start wearing black swan, or get totally nekkid and fight like an Amazon.
Hi Bare Bear,
Define “mess”.
Can they be bypassed?
Hmmmmmm. The possibilities are intriguing.
any wiff of QEing and Inflation moves up
That’s the fucking point. The Clam wants inflation, he’s said it many times. That you fail to listen is your own fault.
He does not want the kind of inflation he’d get if he eased here.
Duck Tales is the best TV cartoon ever invented. The closest thing the great unwashed will ever get to financial education.
I know you have been asked this before, but what are our parameters on WNR? I know you sold out above 20 and I did as well, but the earnings should be killer, and we might need to get back in at some point in anticipation of that. Let us plebs know what you are thinking.
You’re always thinking about your WNR.
Aug 4th, WNR qtr….Aug 2, Debt ceiling deadline….Position accordingly…..
they will still be arguing about it
Never met a guy who didn’t think about his WNR, it’s just a guy thang.
think about the taco all day,what you talkin bout willis
LMAO man, then what?
Ok, DO NOT answer that here as I know you…
I will be in before earnings.
ConocoPhillips To Split Into Two, Shares Surge
Finally! I wonder how their JV with Encana pieces in with this. i.e. Upstream assets for downstream production capacity.
Encana needs funding, great assets but CF shortfall and could come short of divie payouts – this b/c the JV with China fell through.
GSVC, GORO, GSS are all good. Forget the ANR. Get some GOOG instead. Numbers are gonna be great! Make yourself some G’s.
Geo, unless I am sadly mistaken, a short while ago Fly issued a severe threat and warning of great bodily harm to anyone electing to give him investment advice. Don’t know the status of your stones but I would not fuck with Fly.
I’m just say’n.
Gonads–
http://funnyjunk.com/youtube/20372/GONADS/
Gonads–
http://www.youtube.com/watch?v=BorQ_ULcvss&feature=player_embedded
same thing, less commercial
GOOG +$50 AH.
I am on the GOOG train as well. Facebook is a dead social network walking. Android, Apps, GoogleTV, Music, Search and now +. GOOG *is* the Internet, people just don’t know it yet.
MS was talking down GOOG due to their aggressive expansion plans and hiring compressing margins. Laughable. MS doesn’t know shit.
I was on the GOOG campus a few months ago. They are expanding like crazy but rather than the ridiculous dotcom vibe I got back in 2000 from so many companies I got the “we’re taking over the entire world” vibe.
Their synergies can’t be beat and they don’t have any of the legacy problems of MSFT. AAPL’s stab at building a cloud and datacenter is cute, but a huge money loser. No one can compete with Google. Don’t bring an iPad to a gunfight.
Spot on.
Good call!
no one shall put his mitts on the precious of GOLDFINGERS’ stash
TVIX Cha Ching! I’m selling it!
Hmmm… what should my next gamble be…
TNA $85 calls.
July expiration.
Sir Fly,
if you need any help with that tunnel, I have a ditchwitch that i use for sewer work,
yours for the asking.
WNR looking solid
One has to respect a solid WNR.
BTW, a video out at thestreet.com this morning about GNVC.
http://www.thestreet.com/_yahoo/video/11184166/want-facebook-stock-buy-this-fund.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA&s=1#1053393570001
I meant GSVC
Youse guys think small. Fly will “borrow” one of those big ass “moles” the sand hogs use under NYC. He’ll be in Kentucky in no time.
Fly, why not find a $50-million market cap stock to hype? Would not the readers buy ample quantity on your mention to push the stock higher?
Hmm, are you short gsvc? Let me know because I have $3 million in spec cap to spend.
The mawl, long island accent, is the most depressing place on earth in my opinion. The Roosevelt Field Mall, which is my guess for whereabouts of Mr. Fly, is represented by the inner most ring of hell.
Be careful out there burning chicken dinner.
http://chicago.cbslocal.com/2011/07/14/police-man-slashed-friends-face-for-burning-chicken-dinner/