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
23,439 Blog Posts

***MARKETS SCREAM LOWER IN BROKEN ELEVATOR PIN ACTION***

My only solace is the FAZmobile and the YANGuitar that I’m playing here. I got real small earlier and am now eagerly awaiting an Exodus OS signal.

Dow is off by more than 300, Nasdaq -132 — not because MUH Chinese trade war — but because of fear.

WTI and gold are bucking the trend. If I was spitballing here, I’d say the market is pricing in war at a high level. The appointment of Bolton to Trump’s cabinet, in addition to his other recent moves, such as protecting the steel industry, is indicative of American militarism.

Top picks: FAZ, YANG, cash

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34 comments

  1. sarcrilege

    Time to go long pine boxes and funeral homes yet?

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    • Lyndon Keltner

      Those things are not necessary if the masses are pulverized into a nuclear ash heap, like 9/11 but more big league.

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  2. ferd

    My concern with all presidents ..but especially with Trump, is people like Bolton whispering in his ear: “People remember Washington, Lincoln, FDR, and will remember Hilter, Churchill, Kahn, and Alexander …in another thousand years …you want to be remembered, don’t you big guy.”

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    • Dr. Fly

      You guys don’t think Trump wants to be the next Churchill, do you?

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    • Lyndon Keltner

      There won’t be people to remember shit if Bolton can convince Trump to blow up the planet literally.

      And that may not be a bad thing.

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    • numbersgame

      Congress needs to do something. For too long, they’ve allowed Presidents almost unilateral military power because of MUH terrorism. We’ve already lost more US lives in Iraq and Afghanistan alone than on Sep 11. Since Sep 11, we’ve lost more US lives in the USto the mass murderes than to all Muslim terrorist groups combined.

      And of course, the 100 -150,000 Middles East civilians that were killed probably have no family members that want revenge against America (justified or not), right? Awesome..

      Their is no reason that the President should be allowed to have a first strike attack against any nation without explicit Congressional approval instead of the blanket “Terrorists” Act.

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    • sarcrilege

      Hitler was too soft. Trump needs to step up and gear up if he wants to be remembered. My favs are Vlad the Impaler, Ivan the Terrible, or Attila The Hun. Had any of those three ruled around 1200AD he would have put a final period behind the Khazarian question and we would not be in this pickle today.
      https://tinyurl.com/ycw3xmcm

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      • numbersgame

        The problem wasn’t that Hitler was too soft, it was that the German people wre too soft. Likewise the Republicans: raise the military budget so Trump has more toys.

        Why is it that Republicans think that the best way to combat waste in social programs is to reduce their budget, but for the DoD’s billions in waste more money is the answer?

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  3. stockslueth

    Like an unsafe chemistry experiment no one is quite sure what will happen when you mix Trump and Bolton together.

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  4. roundwego

    The war cry is not coming from trump it’s coming from Europe. They want putin out.

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    • soupbone

      natural gas needs to come from a variety of suppliers instead mainly Russia.

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      • fryguy15

        Yeah, like where? We have a lot, maybe we should build a pipeline under the ocean. Part of the infrastructure plan. The environmentalists will love it.

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        • roundwego

          Musk will bore you a hole.

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        • soupbone

          the mid-east via pipeline and LNG, more from africa. Syria lies in the path of both russian backed pipeline and western-backed pipeline proposals. Which, if it wasn’t considered in past wars will be next time..

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    • cancel19

      Got it. Why can’t they handle Putin themselves?

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      • roundwego

        Jews rather have gentiles fight for them. The English are the only true fighters left in europe.

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  5. stocksnblondes

    Its like having a sinister Michael Scott as president.

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  6. acehood

    Oversold

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  7. heckler

    Fuck the Chinese. Bird flu-mask wearing, dog eating, yellow bellied fucks!

    Also, my dad just bought an AR 15. Fuck that bullshit too. I guess I think this means shit’s about to hit the fan

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  8. roundwego

    WTF, trade war becoming racist. So, wrong, so wrong…

    https://www.zerohedge.com/news/2018-03-23/trade-war-humor-zimbabwe-rejects-chinese-condoms-being-too-small

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  9. moosh

    Silly gooses – China ain’t shit. All that needs to happen is for Ivanka and her Mandarin speaking daughter to make another trip.

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  10. chuck bennett

    Chinese hoping that they all get the aides and die.

    Not the good aides either.

    Regards

    Chuck Bennett

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  11. fryguy15

    Persistant with the war soundtracks. Respect

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    • 99 lead balloons
      99 lead balloons

      was listening to the Private Benjamin soundtrack the other day. Timeless!

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  12. margin call

    Thought maybe the Feb lows would hold. But after today, that seems unlikely.

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