Friday, December 9, 2016
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
14,876 Blog Posts

The Darkest of Clouds Condense Overhead

I don’t want to make this about me–because we’re all intertwined. But I have a certain ‘galactic presence’ here on the planet earth. For many years the sun shined on my face, as I typed fast–consuming unhealthy amounts of rib eyed steaks and monster energy soda. I could throw all of my money into the sea, then recover it all in an afternoon fishing expedition.

I do remember the pangs of misery, seeing my short positions get obliterated in late 2007, only to be vindicated and baptized in the blood of my enemies in January of 2008. But all of that is gone now. Although I am up for 2012, in the range of 16%, the fun has been sucked out (no blowjob) of the game, leaving me to edify myself with the memories of yesterday, trying to convince myself that they will come back.

I’ve been inured to dealing with halfway retarded CEO’s and coxcombical hedge fund managers intent on manipulating share prices for the purposes of self-aggrandizement.

The industry of stocks and bonds is as stupid as ever. Bear witness to analyst coverage sashaying (extra homo) in and out between the absurd intertwix with felonious profligacy.

I only remain in the markets to see it through, escutcheoned by owlish wisdom, accumulated by participating in 20+ years of stock market sweepstakes.

The luxuriant life of Le Fly can only be sustained, mind you, by the trail of tears provided by his enemies.

No more shall be said.

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  1. Steve Place

    >unhealthy amounts of rib eyed steaks and monster energy soda

    No such thing

  2. acehood

    Nothing an extra dose of $PPC can’t fix.

  3. Mr. Cain Thaler

    Your use of “escutcheoned” makes me think;

    iBankCoin needs a coat of arms for itself. With an inescutcheon of an owl, perhaps?

  4. Rollo Tomasi

    Will trade my silver coin collection for a Mark Sanchez rookie season card.

  5. Bullish

    Translation in english please?

  6. rogue wave

    ‘Shedder’s pretty good on that
    pop classical:

  7. mad_scientist

    This is called foreshadowing, gentleman. Vhc shorts falling into the sea today.

  8. The Plumbers Crack
    The Plumbers Crack

    EXK near a bottom?

  9. Mr. Partridge

    Come to the dark side ๐Ÿ™‚ (insert evil laugh here)
    The greatest bear market in PMs is upon us โ€ฆ
    Seriously people have misconception who gold bugs are – they simply traders who can FEEL gold ๐Ÿ™‚
    Stay safe and prosper…

  10. Rollo Tomasi

    Indeed, I’m calling 800-GOT-JUNK to come and remove the silver and gold off my property.

  11. TraderCaddy

    “…by the trail of tears”
    Cherokee style.

  12. razorsedge

    iran to get missle defence system from syria. this is an exchange for help from iran in there war. assad donts know he lost …FUCK, let the games begin . will isreal attack, will the u.s. respond? this sucks(imo)

  13. ramrod

    You have a VERY LARGE AH, AH, AH, vocabulary-coxcombical, escutcheoned, profligacy


  14. Bearish on Ag and Au
    Bearish on Ag and Au

    Is the PPT flagging OS for PM stocks?

  15. Leo

    This post should be part of the SAT verbal exam.

  16. bobbin4apples

    $VHC is getting the life choked out of it.

  17. dztrading

    The composition is sublime. Thank you Fly

  18. Mr. President

    Stop dancing around the issue.

    As soon as you switched from coffee to Earl Grey (extra homo) your golden touch began losing its luster.

  19. The Bernank

    Frothy silver and gold prices will not be tolerated at year end.


    • The Eye-Talian Stallion
      The Eye-Talian Stallion

      Look at last year – silver lost 14% in December. Folks were forewarned of this event, but they bought AGQ and NUGT anyway.
      This is a very healthy correction so one can buy with confidence but let’s shake lose the late comers first, they will sell at the bottom as usual and then we can get on with the rally.

  20. noodleboy

    Here it comes – the irrational panic dip to -13%, then fuck you you’re dead shorts. That’s my guess.

  21. Quint

    Did the Mayans come out with a stock call on VHC?

  22. Mr. Cain Thaler

    Precious metal shorts will be given the black card before long.

    Current QE obligations from the Fed, assuming unemployment stays elevated, equate to $960 Billion by the end of December, 2013.

    Current notes outstanding (I’m using M1 + M2, since that’s readily available) at $3.5 trillion.

    You’re looking at an approximate 30% devaluation of the currency in 1 year. And oh yeah, quarter over quarter, YTD 2012, consumer credit has been expanding.

    I get the market has the jitters, and there are definitely threats. I expect a selloff in equities, non-safe haven bonds and most industrial commodities in early 2013.

    But stand against silver and gold, and you will be castrated.

  23. TraderDR

    Looks like Chuck was smart to sell $VHC when he did

  24. Mr Boulders

    VHC halted?
    news pending?

  25. Mr. Cain Thaler


    Take that, you sell-spiking assholes

  26. Cascadian

    Judge asking for updated iphone 5 sales. I think the judge is estimating damages….

  27. The Plumbers Crack
    The Plumbers Crack

    VHC will hold AAPL for ransom for
    one millllllion dollars.( with pinky finger held at corner of month)