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
23,473 Blog Posts

Don’t Look Now, But the Price of Copper is Truly Sucking Again

Dr. Copper and meme magic have produced great things in 2016, including the worthless tears of Hillary Clinton fanatics. On the very day of final defeat for Hillary, a day which will be celebrated by Trump for electoral college success, copper is plunging — now lower by 1.55%.

Coincidence?

I don’t believe in them.

With all of the supreme rhetoric coming from Trump, regarding China, investors are quietly removing themselves from the boolish on China narrative. Watch it closely and heed attention, for a trade war looms.

Naturally, Trump was wholly correct for chiding the communist scum on Twitter for stealing our underwater drone, done on a platform that has been banned in the canine eating country since 2009. After all, where were the balls on our commanders when they permitted another nation to approach us in international waters and take our shit? We are being lead by feckless people, trickle down cowardice. All of that will change soon. Hopefully.

In response to Trump’s insolence, the Chinese media went apeshit, saying he had no idea how to manage a super power and how China needed to teach him a lesson to put him in his place. The article was greatly infuriating, which is why I’m summmarizing it and not posting snippets.

The main crux of this shitpost is to bring to your attention a possible harrowing blackpill for investors, one forged in Beijing which can easily get out of control quickly.

We stand to lose nothing, aside from a few t shirts, cheaply made at Walmart. Without us, China loses a $550b per annum surplus. They’d literally die.

Copper

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Yes, I’m still short $FCX.

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5 comments

  1. s.k.

    China is a billion persons nation with nuclear weapons. You think the Russians are scary?

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  2. Dr. Fly

    The difference between China and Russia is a stark difference in cultures, one accustomed to military failure and surrender. Plus, THE RUSSIANS DID NOTHING WRONG.

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    • heaterman

      Truth! The Russkies are chess players and seek their own betterment, but they are smart enough to know destroying the entire world in a nuclear winter scenario would leave them the same as everyone else.
      Destroyed.
      The Chinese however, would destroy the world and themselves to save face.
      Asian culture.

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  3. infinitezuul

    If China has abused our unmanned water science toy then I say we ship nukes to Taiwan.

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  4. heaterman

    Up arrow/down arrow!!
    Excellent!!!

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