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
23,455 Blog Posts

Reversal From the Reversal From the Reversal…

You cannot pay me enough to do this job. Stocks are up now, as people finally realize that the ECB is dead fucking serious about inflating their shit filled economies. The world is in one giant ‘fag-box’ and it wants inflation now. Why does it want inflation?

Because they fucked up and burdened their people with an unseemly amount of debt, an amount of coin that can never be paid back. Under normal circumstances, these countries would fold and restructure the debt, then get to enjoy true inflation, true growth. However, everything is inter-connected these days. Banks in Germany can’t sneeze without a bank in NYC feeling the breeze.

So, we find ourselves in a situation where central banks desperately attempt to keep the party going. Scott Bleier called it years ago: We are all Japan.

The silver lining in all of this is we are not in the dark ages. Quite the contrary, since we are in the midst of the greatest advancement in the human race ever, both medically and technically. These things have a way of working out and I invite you to keep the faith–because that’s the most valuable currency in the world. It always has been and always will be.

Biotech stocks are now at the lower end of the hybrid score range, a level that has resulted in sharp upside reversals. This of course is data found in The PPT.

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10 comments

  1. bruce keller

    This ECB stim should be good for a while! I’m bullish until Fall I think. If there is a Grexit, there might be short term volatility, but it will be better for the euro.

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  2. bwana

    $SYN

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  3. surplusdroids

    FIG.
    And SFFC (Scott for Fed Chariman.)
    We are all Japan was his mantra.

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  4. zuul

    ECB just said “Have fun in 2015, God bless.”

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  5. Marc David

    Buying more index funds.. going full invested. See you guys/gals in 15 years on a yacht.

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  6. pyromonoxide

    craziness. Good time for hobbies.

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  7. og

    At least the bears can always short GPRO.

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  8. biffer

    Bio selloff is a gift.Stalking KERX and CLDX

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