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
23,536 Blog Posts

FUCK GOLD BUGS — LONG $DUST FOR THE WIN

The basic premise here is simple: buy DUST.

Dollar up, yields down — causing gold bugs to be raped of their money and honor…again.

The Dollar is +0.6% v Euro today, but gold is hardly changed.

Markets are angling sideways for a move higher off the pivot line, saddled with a hammed sandwich now, so anything could happen.

My bets are exacta. I have all bases covered. Literally nothing can stop me.

Lower yields? Long DRN
Lower stocks? Long SOXS
Perversion? Long YINN
Soda Pop? Long FIZZ
More China gambles? Long ZX
Frankenfood? Long EVGN
Blockchain fever? Long SSC, OSTK
Fuck gold? Long DUST

All of that shit turns out sour, place majority of assets in quant fund that chases alpha and crushes indices.

Like I said, “The Fly” wins all the time. Get used to it — you fools.

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12 comments

  1. juice

    don’t know, boss

    metals & miners may have more left in the tank than the $USD in the short run

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  2. tradercaddy

    Plus seasonality works against gold itself. Sept.-March it has about a 15% return and about 0 April-Aug.

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  3. lesurgeon

    It seems to me, you live your life like a candle in the wind.

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  4. acehood

    Market is up.

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  5. ferd

    I had a shitty entry on a dollar short, was considering closing it …but now I’ll hold and see if your Gartmanesque streak continues.

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  6. bambaclot

    Remember to advise us when you capitulate on your DUST trade, so I can close my long GDX.

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  7. stocksnblondes
    stocksnblondes

    Fly, let’s make a bet. If you actually manage to breakeven between those disparate positions, I’ll PayPal you $5. If you don’t, I get a free 1 mo sub to Exodus. Deal? 🙂

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  8. ferd

    Yeah, this 3X fetish has me concerned for Fly.

    Fly, consider the expressions in this thread a loving intervention .

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  9. jacked rabbit

    Just need to buy IFON now to fully mast the BLACK FLAG…

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  10. Dr. Fly

    FUCK EVEYONE ON THIS THREAD.

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