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
23,474 Blog Posts

BASE METALS JUMP OUT OF THEIR SOCKS — UNDERLYING EQUITIES LEAVE BEARS IN A TRAIL OF TEARS

I Mctold you “The Fly” was back on his fucking game. The infrastructure play is where it’s at. But more importantly, Trump had a telephone call with the President of China yesterday and didn’t hang up on him, instead ceding to the one China policy. As a result, markets can’t stop jerking off to this news — buoying the shares of anything China related — including BASE METALS.

base

You know how I feel about $CLF (buy it), $UEC and $URG. But do you really know how I feel about zinc? I fucking love the stuff. I sprinkle it on my cereal every morning and pray to the Gods, both olde and the new, for deliverance against the many evils that stand in my way of unfettered greatness.

With 60% of my 140% exposure to this market, I am long $HBM, $TECK and $VEDL — due to their exposure to zinc — a key element (Zn) in galvanizing steel.

Also, my new oil position is higher by 3% today. I’d tell you the ticker symbol, but I promised a member of Exodus the other day that I wouldn’t. Join us in the great halls of distinguished gentlemen and I promise you, it’ll be worth your minor investment in House Fly.

My year to date gains are now in the magnitude of +13%.

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8 comments

  1. mr.wiggles

    You’re on fire dude!

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  2. helicopter ben

    140% long? Balls so big Trump’ s gonna put you in the administration, Fly.

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  3. derp

    Lithium … HZNM is trending up. Seeking opinions it could break higher?

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  4. anjingbauwau

    Funny how about a year ago when I mentioned a new bull market in base metals was launching you said it was not gonna happen…….this is a secular event and the dips should be bought.

    TRQ…. for a name that hasn’t taken real flight yet. Clean balance sheet…major stakeholder is RIO….massive long lived asset next door to the Chinese market……

    so you like Zinc and sprinkle it on yer Cheerios you say?

    well how about some NSU… they pay a nice divvy and have copper and zinc … currently the ore face they are mining is spitting out more zinc as we write.

    >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

    my 2017 call >> energy service stocks are going to explode this year…… in a good way! bau wau and how

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    • moosh

      I remember you calling it. Nicely done. What’s your favorite energy service sector play to ride?

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      • anjingbauwau

        the sand stocks have alreadt bklsted higher…. you want to go after the frackers and pressure pumping companies…. FRAC is a recent IPO that is in the right sector, and location ( permian) at the right time…… in Canada you have CEU FRC TCW CFW to name a few …..

        also keep an eye out for this name….

        Texas-based oilfield services company ProPetro Services Inc., whose hydraulic fracturing fleet focuses on Permian Basin operating conditions, filed for a U.S. IPO Wednesday.

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