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
23,433 Blog Posts

The Cement Head Now Lives in the Penthouse of Decadence and Luxury

From sewer hole to penthouse inside of one month is the story of the once famed ‘Cement Head. (CH)’

Just one month ago, the good Senator was living inside of a box, outside of a sewer hole. Now, following a 20-50% run in his vast gold and silver holdings, The Cement Headed One is living high off the hog, rich beyond comprehension. I suspect his blogging activities were stymied due to his local SBUX restricting him from loitering around for free internet. But things have changed recently and the precious is back.

With that, very soon, it is possible that his internet service will be restored. God can only pray for these things to occur.

With war, and other such niceties, gold and silver are attractive. Attractive for hard currency lovers of course, not so much for me and people of my ilk.

One thing to focus on is the Brent/WTI spread. Should war occur, on a largess scale, I will buy the refiners, ad hoc, without even looking at their stock prices.

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7 comments

  1. casey

    GGS is having a great day. sometimes crap turns into gold

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  2. Hawaiifive0

    With all do modesty, I must say that I too have moved into a nice penthouse with 85% of the port chuck full of metals and miners. With stocks like GDX from 26.52 and NUGT from 61.58 or AGQ from 17.84 life is good indeud!

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    • The Fly

      Perhaps you should share the wealth and allow some of us into your penthouse, so we can eat your food and sleep in your bed?

      No homo of course.

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      • River Phoenix

        Rumor has it The Fly had a solid golden throne installed in his new home before allowing his family to occupy the premises. It’s not everyday that you see bathroom contractors arrive at the job site in a Brinks truck.

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  3. Ray Donovan

    How does the increasing brent/wti spread help the refiners?

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