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
23,446 Blog Posts

FUTURES DIVE LOWER AFTER TRUMP STARTS WAR WITH SYRIA

Dow futures are lower by 111, after reports that Trump has ordered an attack on Syria. More than 60 cruise missiles were launched from the USS Ross (no Rick) and the USS Porter.  Subsequently, gold, oil and bonds are soaring, which should please the former CEO of $XOM, Secretary of State, Rexx Tillerson.

The US 10yr is down 5bps, gold +1.3%, oil +1.6%.

Asian markets are taking the news in stride, with just 1% shaved off the Hang Seng. Typically, war equates to higher stock prices, so I wouldn’t be surprised to see the market rally after this initial downturn.

Incidentally, I had anticipated this act of war by Trump and had positioned accordingly. Members of Exodus were apprised in real time.

As for the theatre of war. There are 100,000 Iranian soldiers fighting in Iraq, with just 6,000 American. Hopefully, our men and women serving abroad will remain safe, fight valiantly, and with success. The era of Trumpism had ended for me today, as I am dispirited by the actions of a man who promised to avoid this war as the centerpiece of his foreign policy.

I’ve always hated politics, believing all men and women serving the country were devils. I wanted to believe and placed a lot of faith in Trump. I will continue to report things as I see fit, but gone are the days of Trump getting a free pass here. Hopefully, the lunacy will be contained and the ‘collateral damage’ limited.

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57 comments

  1. sarcrilege

    I’ve been shilling for phyz gold/silver here for a while. I hope you dipshits got some cuz this shit-train is going downhill from here on.

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  2. wolfdaddy

    Maybe 50 cent is over there setting of chemical attacks

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  3. jtizzle

    Suprised it took you this long to realize what a typical politician fraud trump is. Better late than never.

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    • frog

      All of us have been conned at some time or another in our lives. It’s easy to get fooled. We just need to pick ourselves up and look for the truth.

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  4. dopefeller

    “Commitment of American ground troops…would certainly require an authorization & I think you’d find support for it” -Rubio on MSNBC”

    Enjoy!

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  5. reversion

    Sell the Pm rally tomorrow and buy the fkn dip in stocks

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    • dopefeller

      “I guess Trump wasn’t “Putin’s puppet” after all, he was just another deep state/Neo-Con puppet.

      I’m officially OFF the Trump train.”

      Your buddy from Prison Planet

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    • wolfdaddy

      Probably someone connected to kushner. I bet he’s greedy enough to try something that stupid

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    • sarcrilege

      Did I not say the other day 50c was trading on inside info and front running a shitstorm? I did. Nobody bets that much for nothing.

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  6. Dr. Fly

    No need to say “I told you so Fly,” Hillary would’ve done the same. I’ve lost all hope for our political leaders. Scorched earth approach pending.

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    • reversion

      Why zero love for Obama when he didn’t attack?

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      • Dr. Fly

        I hated Obama’s economic policies. Plus, he meddled just plenty in Iraq and also tried to meddle in Syria.

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    • joshua

      They all fucking blow. No sane fuckhead wants to be a politician.

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      • frog

        That is true, but only because in the U.S. we have over time become a culture that bashes our politicians mercilessly, and often without good reason.

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        • frog

          It started with Republicans using Democrat bashing propaganda to get voters to bash Dems. But then it spread to everyone in government. And the Republicans began to bash each other, not just the Dems.

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    • frog

      Hillary tries to be responsive to citizens. She’s been criticized for it, when she has changed positions when she found out what the people wanted in government. If we’d gotten together and told her: No U.S. involvement in civil wars, she might have listened.

      Trump listens only to other billionaire crony capitalist welfare queens like Bannon, and to his family. So normal citizens never had a chance with him. Once he had your votes, he had already forgotten about you.

      We are all at the mercy of President Kushner now. It doesn’t seem that he listens to any non-billionaires either.

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      • chuck bennett

        Frog,

        again, please me quiet. you are talking gibberish again. enough already

        regards

        Chuck Bennett

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        • frog

          No. I have every right to express myself. Stop trying to shut me up.

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          • TJWP

            Saying you are a unicorn is also expressing yourself. Much like your other statement it is equally devoid of reality, retarded, and you probably shouldn’t say it.

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  7. stockslueth

    I have no idea what happened and no longer believe what our government tells us. All I know is the Middle East is a bad neighborhood to be avoided.

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    • frog

      I am sad that people in the M.E. go through what they go through. But it doesn’t seem that anything we have tried to do to help has been helpful– certainly nothing in the military area at least.

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      • peaches

        They have internet and iphones now don’t they?

        Literacy is next.

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  8. dchanko

    mmm, Trump: “How can I distract the plebs from realizing that I’m just winging it with this president stuff ?” Ah! The standard solution – Go to war!
    Well, it worked for Bush, Clinton, Thatcher Blair
    Well thats his opinion poll problems gone. Idiots will now be waving their flags and getting hard on’s for military porn. Maybe he will do a photoshoot on an aircraft carrier in some nice orange flight gear…

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  9. ferd

    Commentators on CNN setting expectation that this is only the beginning of a longer campaign against Syria. See Don, they won’t let you off the hook after just one stupid strike. You’re theirs now.

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  10. ferd

    What will Putin do? He has to respond, eh? Will the Russians double down in Syria …or should we say goodbye to the Donbass? Or both? If they take the Donbass, what will Trump’s handlers have him do?

    The neocons running this moron have a long record of not thinking through consequences.

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  11. dopefeller

    “Now that Obama’s poll numbers are in tailspin – watch for him to launch a strike in Libya or Iran. He is desperate.”

    Donald Trump, 10/9/2012

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  12. gappingandyapping
    gappingandyapping

    UN MOTHER FUCKING BELIEVABLE. Gotta further that war machine. Contractors need to get paid.

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  13. the raconteur

    The swamp runs deep… Very disappointing.

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  14. frog

    “I’ve always hated politics, believing all men and women serving the country were devils.”

    There are a lot of individuals in political office and government jobs. Some of them are true public servants and some are incompetent and/or corrupt like Trump. Citizens need to get together and do research as to who is honest, competent and trustworthy enough to vote for, for public office. We can’t just believe a candidate who promises us whatever we want, as if he’s always going to be telling the truth.

    I know it is the custom in the U.S. currently to demonize politicians. But you don’t get a good government by demonizing everyone who works in it. You have to search for good people and treat them with respect.

    And we need to stop the fake news propaganda, almost all of which is Right Wing Republican Trump-supporting propaganda.

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  15. mackypinky

    This is the perfect opportunity for Trump to straighten everyone out and calm down the dumb N. Korean Kim Jong Un. All he did was bomb the shit out of a airbase and some airplanes. Trump is nipping shit in the bud. Its like a hockey fight, it settles everyone the fuck down… no funny stuff. GET LONG

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    • anjingbauwau

      they have almost taken fighting out of hockey… now you have a bunch of pussies out there…the enforcers made sure liberties were not taken. The game policed itself.

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  16. mackypinky

    bunch of nervous nellies…. GEEEEEEZ

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  17. mackypinky

    $10 says no more shots fired

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  18. mushroomz

    All we did was fire missiles at a crappy airbase. Sure it was a setup, but this is a delicate situation. There are lots of moving parts here dude.

    Certain things have come to light. And, you know, has it ever occurred to you, that, instead of, uh, you know, running around, uh, uh, blaming Trump, you know, given the nature of all this new shit, you know, I-I-I-I… this could be a lot more uh, uh, uh, complex, I mean, it’s not just, it might not be just such a simple… uh, you know?

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  19. fryguy15

    Exactly 100 years since USA entered the First World War… to the day

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  20. mackypinky

    If you play poker… it like calling your opponents bets on flop turn and river with ace high to prove a point that you are not going to be pushed around. Than nobody will bluff you. In a way thats what trump is doing. He’s just using Tomahawks instead LOL. Nobody is going to fuck with the USA now/

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    • mensch

      The US is the preeminent military power on Earth. The only groups that fuck with the US either have nukes or go hide in caves afterwards.

      The US is a really big guy with a little man complex.

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  21. stocksnblondes

    As you, I deeply despise our politicians and after being let-down so many times by them, I quit bothering to vote in our elections years ago. It saves me a lot of disappointment.

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  22. trashman

    He had to do this. Obama made us look like pussies by drawing a red line in syria and warning them not to cross and then backing into the shadows and not doing anything when they immediately crossed the line.

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    • rigged game

      So we look like pussies. So the hell what?

      I’s rather have the USA look like pussies
      that have us be the biggest, most murderous,
      most warmongering piece of shit country that
      ever existed. Including Nazi Germany.

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  23. stocksnblondes

    Using chemical weapons is like so inhumane! The humane way to kill is to use regular old explosive bombs which incinerate the flesh or otherwise bury people in rubble to die a slow death.

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  24. 'merica

    Trump lost my support here. This plot is the same as it always was. They squeeze the presidents nuts into submission. The clowns trying to drag him down are partly to blame.

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  25. awanka

    Take heart, Mr. Fly. This stalwart pig remains at your side.

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  26. the dude

    Don’t let Trump see pictures of sick children in America. He might rethink the healthcare plan.

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    • the dude

      I wonder if anyone told Trump that Syrian civilians fleeing for their lives from sarin gas attacks are not allowed to have refuge in the U.S. They will be deported to await the next attack.

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  27. doubleplus

    Futs are coming back in, might even go green PM.

    Hitting Syria with 60 cruise missiles isn’t starting a war – that’s just a shoulder tap.

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    • doubleplus

      Aaaaand green. Our bellicose, coal-hearted market clearly endorses this particular act of overseas aggression.

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  28. the dude

    Hysteria.

    1. The strike is not “starting a war” with Syria.
    2. Conducting a single missile strike does not mean Trump is “making war the centerpiece of his foreign policy.”

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  29. TJWP

    I was a huge Trump fanboy but this is an absolute betrayal. We were promised no more foreign wars, I still like his domestic policies but now he is just one of the other fucking liars.

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  30. bushwacker2

    Bush had his WMD reason and now Trump has his sarin gassing of little kiddos excuse. Is it possible there was bad intel or that some deception and lying might have been at work here?…Naw…

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