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
19,515 Blog Posts

You Are a Stupid Moron if You Don’t Like Gold Now

What fools you all are — fiat currency HODLers. I equate your stupidity to those holding Bitcoin at 20,000 or perhaps Confederate money after General Sherman took a torch to the entirety of the south.

Good people of iBankCoin,

I speak to you a free man from the shackles and the chains of fiat. Our leader, PETER SCHIFF, is out there, really out there, extolling the virtues of solid gold bricks. You can take said bricks and smash them into the soft skulls of grocery store clerks in exchange for their provisions. Nothing has been a better STORE OF VALUE, if you will, than gold. You can hearken back 10,000 years and you’ll find the gold coins ruled dominion over the economics that presided over earth.

It was only after the evil Federal Reserve took us off from the gold standard that stocks and everything else went higher, leading to unmatched prosperity and innovation in the history of the human species. To which end, human boys and girls now think they’re all gay or anime figurines, text messaging each other dressed as stuffed animals — speaking in Japanese. You can thank the Federal Reserve for that too.

If it were up to me, we’d go back to the gold standard, solid coins and bricks, and get rid of the cesspools that is the city — wipe away all of the urban areas and make everyone farm again. We will go back to the earth and produce food from it and pay for our seeds with small pieces of gold that our sons have mined from the nearby creek. This is the way humans should live, not tweeting each other from gay brothels and bathhouses, while securing series C funding from a bunch of vampire satanists who vote for Bernie Sanders every time as a joke.

You can thank the Federal Reserve for that too.

Curious as to what gold miners I am long? TOO BAD fucked face — that’s for Exodus members only.

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5 comments

  1. it is showtime

    Buy. DAGXF. Now.

    Bottomed. Lth. Tp 5 to 10.

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  2. trumpmeister

    GDX and WPM

    Free of charge. You’re welcome.

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  3. tradercaddy

    “Curious as to what gold miners I am long?”
    There aren’t too many left now.
    Just a bunch of debt ridden small caps and a bunch of clunky poorly run large caps.
    And some are gone forever.
    Just buy GDX and GDXJ and if you feel lucky do the doubles and triples etfs, but don’t stick around too long.

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  4. scumbagcapitalist
    scumbagcapitalist

    Ay yo how do I bank off these for-profit, $775-per-day child camps? Fuckin captive audience, amirite?

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  5. ammy hour

    KL and only KL. To $50.

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