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
23,471 Blog Posts

And it is the Very Best of Times

I cannot recall a more jubilant month of trading. More often than not, epic gains follow horrid losses. Hence the lesson to remember from all this is to remain optimistic, even in the face of harrowing losses.

Everything worked this week, even gold. The bond boars are back into their pens, being prepped for slaughter. Rickard Santelli is less vocal about his dire predictions and the market has its swag back, that sense of invincibility that cannot be quantified with a passing glance at the indices.

Believe you me, I needed this respite and have received it, much faster than I had ever expected. I am now in a position to apply risk back in the way that I am accustomed to. I am not concerned with repeating the Four Horsemen of financial instability because that was a one-off event, an outlier amongst outliers in a sea of confusion. I have my bearings about me again and intend to push the envelope next week, adding back leverage to the mix, in order to expedite my return to grace.

Have a great weekend.

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29 comments

  1. wayne

    fly time to buy 1000
    jan wnr 41 calls

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  2. Badduck

    My wedding song.

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  3. True Story

    Dude no one gives a french horn about the fucking facebook page

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  4. Dr Fly

    True story

    If you choose to ignore our Facebook page you only endanger your own well being. The choice is yours.

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    • True Story

      Endanger how? Miss out on the “let me spam you for likes” round robin from the 94 obese trannies who’ve thus far liked the page? Pray tell, how will I carry on?

      I read this site to hear you talk shit to your dipshit acolytes, not fag around like a preteen on a social networking site.

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  5. TraderCaddy

    Anybody know how to get rid of a couple of coyotes other than shooting them (which I will do as a last resort after talking to the Sheriff’s office)?
    We have had red foxes, black bears (I live in the area where a couple of people were attacked and made the national news), deer, etc. on our property (although 20 minutes from downtown Orlando I live on 3 acres of woods).
    The coyotes are becoming a problem and Florida Fish and Wildlife says oh well.

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    • snoozemr

      shoot blanks at them. they will not return to your vicinity if you scare the sh** out of them with something like a gunshot noise.

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    • I Am Jesse Livermore

      Get a paintball gun. You can fire lots of rounds of paintballs in a very short period of time and they hurt like hell and leave nasty welts but they won’t kill or injure the animal severely and cause it to die a slow painful death. You also won’t run afoul of gun laws by firing off real firearms. They aren’t very expensive either, under $250 or so.

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    • Moonshot

      How about rat poison with something like Brodifacoum or Warfarin, mixed with some ground meat? It’s an anti-coagulant, they will basically go to sleep and bleed out. I tried it once for rabbits, it didn’t work only because the stupid squirrels would eat it all first. Vets will give Vitamin K shots to dogs to save them if they eat it, so I imagine it’d also take care of coyotes if you can get them to eat it.

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      • I Am Jesse Livermore

        If you try poisoning them you run the risk of killing your neighbor’s cat or dog that may stumble upon the food and then you have a whole mess on your hands. And its a horrible way to die. Rat poison doesn’t put you to sleep, its a slow and painful death.

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      • TraderCaddy

        I like the paintball gun idea.
        I know where to borrow one.
        I pulled out an old Daisy Co2 BB gun and took a little practice- I did kill a few grapefruit with it but I suspect it will only tickle them.
        I will see if the paintball works before I get serious with a firearm.
        Chuckles on the rat poison by the way. I have a family of black bears in the woods and don’t want to spend time in wildlife jail.

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        • Sooz

          Cannot wait for the ‘Gator’ part of this story, TraderCaddy..

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    • True Story

      C’mon scout you’re better than this. If that’s true buy a varmint rifle.

      You either let them roam, or you don’t. Hunting is humane, poison and traps are terrible ways to remove pests.

      Or use google and do some research, what the actual fuck do we look like here? Your personal google fluffer? Fuck outta heah

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    • DisgruntledPharmacist
      DisgruntledPharmacist

      As a man who champions chemical warfare, poison does not seem like reasonable option. I have tried to kill many of patients with warfarin and they usually just bruise easily and keep coming back each month for refills.
      I am also not a killer of wildlife so shooting would be out of the question. I would most likely go out and buy two borzoi (Russian Wolfhounds) and keep them on my property. Should keep the wildlife at bay.

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  6. Dr Fly

    Just kill them

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  7. Dr. Fly

    Wtf is with the emergency vitamin k shots for the dogs? Are you nuts?

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    • Moonshot

      If there are other animals around that you don’t want dead then of course it’s a bad idea. I brought up the Vitamin K just to make the point that the poison would probably work against coyotes. In my situation there was nothing but rabbits and squirrels in a fenced in yard to worry about. After the rabbits decimated about $10K in landscaping, I wasn’t worried about their slow and painful deaths.

      A pellet gun proved to be a more effective.solution, although the rabbits are back in force now a few years later.

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  8. Whaler31

    NEVER bet against The Fly.

    as he said: “…. remain optimistic, even in the face of harrowing losses. Everything worked this week, even gold…”

    Yes, even GOLD, not to mention SILVER. Bank some COIN and buy SOME real coins, folks.

    This is a no-brainier. The physical metals will cease to be available when people actually desire to touch their investment in precious metals.

    The gig is up, and the world knows that the Fed has been jacking the markets through naked short-selling of BILLIONS of ounces to squash actual price action… for years.

    Manipulation is the keyword here,

    Are YOU being MANIPULATED??

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  9. mikegboca

    Tell Fox News the coyotes vote democrat and they will have them taken care of

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  10. BillieJones

    What happened to BlueStar? Is the removal of his blog an indication that the timing of his cycle-top call has been postponed? I liked his blog and found him very informative. I hope this is just temporary.

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    • True Story

      It’s an indication that the guy was a fucking joke, if anyone took him seriously (looking at you fly for buying his crap in the first place) then that’s just fucking sad. Retard humping a doorknob sad.

      If you think the market is bearish or that we’re topping, go find a bridge and end it.

      Guy was a regular ham fisted mouth breather. “Hey I worked for a billion dollar fund, and now I bloggy for fly”. Career moves game real tight. “I’m so bearish, valuations, blah blah blah”. cites anecdote. “Hey, here’s a well worn blurb about one or two overpriced tech stocks”. Overpriced? Random tech stocks? Gee fucking whiz.

      No wonder he got fired.

      Can’t even find the words for how clown shoes soft this guys is. Here’s a pro tip- if your avatar is Gordon gecko you’re a major poof about town and you don’t make fucking money.

      Also that his “content” (I use the term loosely) is not made for a site where quantity of posts trumps 2000 word essays of fucking garbage.

      Holy fucking shit what a loser.

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  11. Flicker

    My motto is that if the wild animals are causing a problem, take care of it. Otherwise, “LET IT BE”.

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  12. rahagar

    Regarding coyotes…get an Anatolian Shepherd or a Great Pyrenees. They are kept in my area for that purpose, though I use a guard donkey for the same purpose.

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  13. Jennifer

    There are so many retard gold bug inflationistas. Get a life and stop bugging people about your grande conspiracy theories. You been wrong since forever and will continue to lose money in the markets with your attitude. Your family deserves better than you.

    No gold for a trade is a different story

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  14. Jennifer

    Should have read…”now gold for a trade is a different story”

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    • razorsedge

      went long gold @ 585$ seems you need perspective on this trade. if you look at paper contracts, there isnt enough gold to cover. so in effect if it does pop no mater what side of the trade your on you will lose. however physical gold would be a better investment, not in a ware house because even there it could be assigned to many owners. so in a sense its a no win situation, because if you have physical gold and the worst happened who could you sell it to? so i invested in miners. and sold all gold a while back.

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  15. Sloop

    YOU ARE DOING GREAT Mr. Fly!!

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