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
23,452 Blog Posts

Memogate Sends Futures Nosediving Lower; Gold and Bonds Rally

Dow futures are tumbling, off by 107, as memogate menaces the Trump administration with fresh happenings. I guarantee you the market will drop by 20% should Trump earn an impeachment. Because of that eventuality, market shills are barreling out of stocks as the odds of Trump dying in jail increase.

The main beneficiary of all this tumult is gold, currently higher by 0.5%.

If you recall, last week I postponed reallocating into the market because both gold and treasuries outperformed all market cap quantiles of the market. According to the math that I’ve been doing in my spare time, my model will fucking humiliate yours, reduce you to Hillary Clinton seizing out near her mobile ambulance outside a 9/11 memorial.

My current allocation is 5% GLD, 5% TLT. Should they both outperform again this week, my allocation will increase to 20%.

A whirlwind of venomous hatred and pain is heading your way. For every action, there will be a reaction. Welcome to the end game.

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18 comments

  1. joyous__ending

    Many folks fell for the trap in 1998 that Clinton’s trouble would bring an end to the bull. If you bailed then you missed one of the greatest bull MoMo’s of all time

    Keep your head, we are here to make money first, score political wins last.

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    • Dr. Fly

      Don’t worry about “missing out”. I am adhering to a strict alpha based quant model that will get me in the first sign of decadence.

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  2. ferd

    Comey’s recollections v Trump’s is really not too big a deal. No impeachment from this alone. More likely, they’re just trying to make sure Trump is a good boy and will go along with them and get his hate on for Russia, Iran, and anyone else in their cross-hairs.

    Separately, to all the preening libtards: Why is the prospect of a President Pence getting you all wet?

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    • frog

      A President Hillary is not possible right now. President Pence would be awful, but perhaps he might not be beholden to Russia and ready to sell out the whole nation to the Russians.

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      • moonshot

        LOL. Pence would be like cloning Ryan and putting him in as Pres. Enjoy the consequences of your witch hunt.

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  3. Dr. Fly

    They’re all traitors. The left have never been more broken, disillusioned, stuck in the amber of their own ignorance.

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    • frog

      Typed like a true Right Wingtard, voting for a pathological liar who tells you what you want to hear, ignoring the fact that the Dems are the only hope for the 99.99% in this country.

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      • sarcrilege

        The Dems are bolsheviks and they don’t even know it. The Dems’ ideology is Trotskye ideology.

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        • frog

          Right. You and Fly– When your GOP president and GOP Congress have effed everything up & betrayed you in every way, what do you do? Why, you bash the Dems even more intensely than before.

          Trump supporters are retards. That says it all.

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          • uglyflint

            Hi floggie, eat shit. Thanks, ugly.

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          • husaria

            The envelope please. And the winner of the freestyle idiocy prize is….frog….AGAIN

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          • moosh

            Trump is gop? Okay. Maybe flip it, scan back and reflect back on your own bashing posts that agree with the establishment uniparty from the last 20+ years, while Trump has been in office for mere months and your world is all of a sudden falling apart

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          • uglyflint

            The only thing falling apart is the msm you hysterical freak.

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  4. frog

    Thanks, Ugly and Husaria, for confirming that I am right, by being able to offer no counterargument– offering insults instead of arguments.

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    • frog

      I explained exactly why Trump supporters are retards– the solid evidence for my case.

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      • chuck bennett

        Look at this crazy witch.

        Now it’s calling people names? Frog has stooped to the lowest possible level.

        Shame on it

        Regards

        Chuck Bennett

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    • uglyflint

      No insult. Please eat your own words, which is pure shit.

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  5. 99 lead balloons
    99 lead balloons

    why is no one asking trump about the moon landing or ufo’s?

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