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

The Rally in Copper is Real: I Just Upped My Market Exposure to 150% Long

Here’s an old man from Chicago attempting to describe, with his limited vocabulary, the rally in copper. I am surprised he’s managed to reside in Chicago all these years, without getting shot.

It’s important for you to know that strikes are temporary — but Trump is permanent. We are going to have the biggest infrastructure bill the world has ever known. We will revel in the rivulets of the Oroville waters and rise like the Phoenix, yet again, and rebuild everything. We will build walls, bridges, tunnels, dams, highways and of course prisons — to house all of the leftards rounded up by right wing goon squads.

That being said, I just took an interest in a small capped copper stock with 10% of my portfolio.

If you enjoy the content at iBankCoin, please follow us on Twitter

15 comments

  1. sarcrilege

    This I approve of:
    > “.. prisons — to house all of the leftards rounded up by right wing goon squads. ”

    toss all the zionists in for bonus and America will be great again.

    • 0
    • 0
    • 1 Deem this to be "Fake News"
    • traderconfessions

      The Zionists are coming for you next… quick.. hide under the bed. You must be the life of the party. You are invited to parties?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  2. nemesis

    Anyone know why $TRQ is not participating in this rally?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. uglyflint

    Ira Epstein. Cut the old man some slack. Legend in the Chicago pits. Actually had a local show in the eighties that was pretty good.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. og

    Thanks for keeping me in CLF Fly!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. jonny

    “We will revel in the rivulets of the Oroville waters and rise like the Phoenix, yet again, and rebuild everything. We will build walls, bridges, tunnels, dams, highways and of course prisons ”

    With what? http://www.nationaldebtclocks.org/debtclock/unitedstates

    • 1
    • 0
    • 0 Deem this to be "Fake News"
    • peaches

      Do some googling and tell me what the national debt was, both nominally and as a function of GDP… when we built the atomic bomb.

      Debt driven government spending and its dangers are irrelevant if the market believes the growth necessary to offset the new debt is coming.

      This market believes the new debt will be paid for… how is irrelevant. Stocks are going up now. The “inevitable” collapse of Trumpistan is not priced in.

      Growth!!! With 3 exclamation points… is priced in!

      • 0
      • 0
      • 1 Deem this to be "Fake News"
    • clock

      debt…schemt

      who cares about debt…

      we’re going to keep dancing while the music is playing!! (/sarc)

      • 1
      • 0
      • 0 Deem this to be "Fake News"
  6. anjingbauwau

    anjing bau
    February 19, 2016 at 2:34 pm

    TCK is close to confirming a bottom on a monthly and quarterly basis……there is a new dawn approaching for the commodes…. TCK seems to be about a quarter ahead of the rest of the pack

    anjing bau
    February 15, 2016 at 1:26 pm

    X and AA along with the XME have shown buying in the last few weeks. Couple smaller caps showing strength include HBM and NSU.

    the underlying thesis is two parts…. one a reflation trade based on infrastructure spending.

    Second part : tangible assets gain in value in a background of fiat devaluations.

    https://ibankcoin.com/flyblog/2016/02/19/we-should-be-getting-hammered-today/
    https://ibankcoin.com/flyblog/2016/02/15/freeport-mcmoran-sells-copper-mine-stake-for-1-billion/

    The real money is made identifying the turn and buying….

    https://ibankcoin.com/flyblog/2016/02/22/risk-is-back-with-a-fervor-crude-oil-surges-by-6/

    anjing bau
    February 22, 2016 at 10:44 am

    TCK is leading the base metals higher…. CENX is up smartish as well

    0 0 0

    Dr. Fly
    Dr. Fly
    February 22, 2016 at 10:52 am

    Tck is small potatoes compared to fcx

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

    indeed the small potatoes turned out to be the leading stock on the exchange last year…..

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. anjingbauwau

    17% gains are literally nothing compared against positions up 300-400%…… please try again.

    • 0
    • 0
    • 1 Deem this to be "Fake News"
  8. anjingbauwau

    That being said, I just took an interest in a small capped copper stock with 10% of my portfolio….

    too bad you didn’t catch TGB back at 50 cents…..

    • 0
    • 0
    • 1 Deem this to be "Fake News"
    • Dr. Fly

      We can’t all be as good as you. Notice how I’m up 17.5% for the year and you’re here pestering me like a chick?

      • 3
      • 0
      • 0 Deem this to be "Fake News"