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

Market Rallies; Crude, Copper Dump Out

Who gives a shit anymore? Stocks are jimmy-rigging higher and WTI and copper are dropping out. The reasons for these moves, such as banks rallying while the yield curve flattens, are completely immaterial. All that matters now are feelings and emotions — knowing someone else is out there ready to buy our gimmick.

Shares of SSC, GROW, MARA and other Blockchain related plays are dumbfounding to the upside. I’ve got a few running hard for me now, full erections, into a field of swinging blades.

VERI and DRIP are notable for me. I just bought some GCAP — a real company getting into Blockchain trading. But since they’re real, they’re less likely to run hard into the field of swinging blades. It won’t be long now lads, prepare for it like you’d prepare for an eventual death. Affairs should be put in order, books fixed to accommodate loss.

Le Fly’s days of unlimited blog posts are coming to an end, as I will be toiling away in the field of professional money management again. This will provide me with a new fixation, one that I might share with you at some point. But for now, fuck off and watch as I bank retard coin in DRIP.

Basic materials are getting yoked, thanks to 2% losses in WTI and copper.

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4 comments

  1. hedge500

    How much are you raising? $10mm? Retirement didnt suit you, huh?

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  2. ferd

    WTI plunged to a level not seen in ….a couple of trading days.

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  3. lapens

    What the hell are you going to do when your clients want in to the crypto space? Serious question.

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