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
23,419 Blog Posts

Futures Open Down Triple Digits, Pound Pounded Again, Gold Higher

It looks like another arduous trading session lies ahead for global markets. DAX futures have swung lower and continue to swing (extra sweet chariot), now off by 1.5%.

Dow futures are down 100, and the is getting hammered v the dollar, off by 1.6%.

Gold is the preferable safe haven, along with fucking Bitcoins and bonds, now higher by almost 1%.

It’s real early and the traders clad in their pajamas haven’t even had supper yet. Prepare for a long night of pain and misery, as the NIKKEI moves towards the edge of the cliff, into the fires of hell.

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23 comments

  1. Dr. Fly

    Exodus members: Special Post Up Behind out garden walls up now

    https://exodus.ibankcoin.com/blog/post/10478

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  2. xxxhuggiebearxxx
    xxxhuggiebearxxx

    I have been looking forward to this for a very long time. People buying these “dips” are literally going to get their teeth knocked in. All of them.

    This pain is going to unfold over the next couple of years, as Europe literally disintegrates. There will soon be an “all clear” call….”its not that big of a deal, believe us!”

    Don’t buy into that.

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  3. JakeGint

    Barclay’s at 5%? Yes, have some.

    ____

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  4. JakeGint

    Do you think maybe they are Lehman bound?

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  5. roundwego

    China should be feeling the pain. I am thinking they let it go to do some summer cleaning before more printing. tvix to the moon, glencore will need to liquidate soon.

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  6. roundwego

    VXZ, midterm vix looking real attractive.

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  7. roundwego

    sqqq leading in my longterm hedge account.

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  8. roundwego

    I think euro is going to test 1.00 soon.

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    • ironbird

      The Gods are always watching. Be careful when gloating. Even when right.

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      • roundwego

        fuck, dont I know it. I am very conscious of trade going to my head. That is why now I only trade longterm in my hedge account. the lotto tickets on vix is on a gambling account to keep the gambling addict in me on a leash.

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        • roundwego

          and on que looks like japan is printing tonight to fill the gap. may be a whipsaw night.

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        • ironbird

          We will see. That Yen has been saying otherwise for months. The Japs are fucked.

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    • btn

      +1 to Euro @ $1.00 .

      Maybe too easy? I’ll throw some money for a quick trade and take profits at 1.05.

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  9. probucks

    Dr Fly – Will there be a BREXIT discount for an annual membership to Exodus coming soon?

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  10. bruce keller

    Nikkei looking like it wants to get right back under 15000.

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  11. 99 lead balloons
    99 lead balloons

    Was expecting more of a pop from gold.

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