GRAVE DANGERS LURK AROUND THE BEND: I Bought a Piece of Shit China-Scam

First let me alert you to the fact the US yield curve is shrinking as rates drop. Do any of you still pay attention to such things? Anyone? I didn’t think so.

I’ve read in some old dusty books that the yield curve is important for banks. It effects their margins, probably a whole bunch of gobblygook.

Also, the dollar is finally receding today, off by a cock solid 1% — breathing renewed vigor into gold shares. Bonds are rallying and so is crude. This is just like early 2016, sans the equity crash.

Copper trading lower could only mean one thing: there are China fears lingering. In order to best prepare myself for the coming storm, I went out and searched for the biggest piece of shit China scam stock, one that trades volume and has the look and feel of being a real company. You know, the sort of stock you discuss over dinner with the inlaws, as you dig into a dog steak with some bok choy.

I found it!

I bought $YY.

I’ve added this complete loser to my stockpile of perfectly fine movie theatre plays and nuclear bomb stock. Thus far, here are my 2016 holdings.

$RGC, $IMAX, $UEC, $SEDG, $TDW and $YY.

I’ve got a few more sectors to hit upon and intend on adding to this ‘man portfolio’ over the coming days.

Ciao.