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
23,431 Blog Posts

Get Ready For 0.999% Interest Rates: Trump Wants Herman Cain on the Fed Board

First Trump wanted this retard on the Fed board.

Now he wants Mr. 999 Godfather Pizza guy.

Fed haters will soon enjoy a frisson of excitement over these ridiculous appointees, since it undermines the very institution Trump is attempting to destroy. There isn’t any logical explanation for a pizza businessman to be placed on the Fed, other than to lob in some fucking hand grenades and show those fuckers who’s boss.

Now some of you motherfuckers seem to think Le Fly is changeable and will soon buy TVIX or TZA — accompanied by a nice little funny picture and be on my merry way towards losses. Fuck you — because I won’t do that and have instead resigned myself to losses — seeing it through — the whole kit and caboodle. Sure, I’ll adhere to stops and make sure things don’t get out of hand — but I’m tired of the whipsaw and I grow bored of being hoodwinked into believing a great fuckery is upon us, when in fact the only fuckery is the stuff that circulates inside of my head — courtesy of two decades of enduring one market calamity after the next.

Yet, after all that — here we are within a corn hole toss of new highs.

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11 comments

  1. ferd

    May want to consider put miners back on.

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    • edge

      Yep. These two will gin-up the public before every vote…inflation for all. At least ’til 11/20.

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  2. ferd

    and buy stop in /si at 15.13

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  3. edge

    If the hedge funds start buying back the stocks they sold things could head north quickly…it may start with miners.

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  4. matt_bear

    😀

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  5. edge

    Bought NUGT. Engulfing candle with melt-up in GDX.

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    • bob smith

      Nothing like the year-long AU cup n handle which is ready to blast off to first target in the $1500’s.

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  6. edge

    Melt-action in most things after dbl bottom on daily chart

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  7. numbersgame

    Cain is leagues above Moore. Cain was Chariman of the Board of the Federal Reserve Bank of Kansas City.

    Moore is just a think-tank writer whose economic theories never pan out. However, maybe he can do less harm on the FED Board, because his colleagues will probbaly just ignore him and he’ll quickly figure out that he is in over his head there.

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  8. flea

    Yes, it IS insane.

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