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
23,445 Blog Posts

The Trump Storm Seizes Florida: Gold Soars, WTI Crude Collapses

Saudi Arabia is going to pay. This is a referendum of Americanism over globalism. Fox news is reporting Trump just took Florida, effectively leveling all of the gimps in the media and their idiot polls to nothing.

Markets are dislocating in a very big way, with gold up more than 3.7% and WTI crude off by 3.2%. The euro is higher by 2% and the yen is absolutely rocking — higher by 3%.

US 2yr yields are off by 15 bps to 0.71%. Holy shit.

Dow futures are off by 650 and the peso is down by 11.7%.

NOTE: NASDAQ FUTURES ARE OFF BY 210.

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21 comments

  1. bwana

    The big question now is do I sell my $UVXY Trump hedge tomorrow morning or hang on for the ride? Will there be a Brexit style bounce back? Thoughts?

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    • moonshot

      I’d say it’ll last more than a day, but ultimately will be a buying opportunity when people realize the president can’t really do all that much.

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    • roundwego

      Can lock in gains by switching to longtime frame and reduce risk. But if its a lotto ticket. Hold and play the big one.

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  2. roundwego

    Everybody please free to short the fuck out of nasdaq. Trump does not use computers.

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  3. Marc David

    Does the Ark float?

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  4. aeropush

    The Blue Wall is coming down. Buy Michael Moore some Pie !

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  5. aeropush

    extra #NIGEL

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  6. joyous__ending

    Cover any short position tomorrow.
    I guarantee you some bad ass MFs from Goldman Sachs are calling DT right now saying ….let us run the SEC and Treasury..and he will say yes.

    This sell-off will not last.
    DT is old school Merrill Lynch..bullish on America

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  7. sethster99

    Tie coming. They are now starting to talk about it on CNN. I told you folks this is going to be a tie!

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  8. fryguy15

    God Bless America!

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  9. fryguy15

    Our country has spoken

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  10. cancel19

    Dr. Fly “…I win a lot!”

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  11. cancel19

    Truth, Justice, and the American Way!!!

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  12. heaterman

    The party elites on both sides as well as the vast majority of talking heads in the media have severely underestimated how discontent and generally pissed off the denizens of mainstream America really are.
    They are beginning to understand tonight.

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  13. roundwego

    Ha ha fuck off newsweek. Now print the true cover assholes. And then. Nobody buy any and put them out of business.

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  14. roundwego

    Fuck vix is looking very interesting on the weekly. Bankers especialy DB will be fearful. Glass segial is coming back bitches. Bankers will go back to be nerds.

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  15. heaterman

    Would be prudent to sell RGR and SWHC if owned. …

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