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
23,433 Blog Posts

YIELD CURVE CRASHES TO TIGHTEST IN A DECADE

It’s all over for so many of you. Bitcoins are crashing THROUGH THE FUCKING FLOOR BOARDS NOW, off by 5%+. God willing, by the end of the day, it’ll be down 100%. Actually, the ride never ends for BTC — 24/7 trading in that mother llama. Enjoy your cardiac arrests.

In other news, the US yield curve is fucking crashing, which means imminent doom is just around the bend. Plainly speaking, the yield curve is now at its tightest spread in over a decade.

In short, this means you can go out and short banks with impunity — free money on the downside. As a matter of fact, I might partake in a short or two tomorrow, after some of these longs work out. Exodus Quant positioned me into TLT on Friday, so I am partaking in a bit of the doom and gloom happening in the bond market.

I know, yield curves don’t mean shit and the only thing that matters is the Nasdaq — until it doesn’t and you’re facing a firing squad and margin clerk. I can’t wait for this bull market to be over and done with — the great equalizer will be forged in hot hot fires and all of you absolute faggot tier advisors will be wiped clean from the map. At that point, and only at that point, will I reenter the field of professional money management.

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6 comments

  1. gappingandyapping
    gappingandyapping

    Banks love a flat or negative yield curve it seems with $FAZ shitting the shower

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  2. cancel19

    As long as it doesn’t invert we’re okay. Right? šŸ˜‰

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  3. stuckcity

    If I buy your book, can I work for you? I’m already house trained.

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  4. duuude

    https://youtu.be/vpChg17JYSA

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  5. moonshot

    Iā€™m highly skeptical that the average bitcoin trader is watching the yield curves closely.

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