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
19,609 Blog Posts

Are We Entering a Horrific Bear Market?

The 10 yr treasury is down almost 10bps to 1.64%. This is Great Depression styled deflation, yet no one seems to care. In classic credit meltdown mode, a South American country blew the fuck up. Contagion is next.

Hong Kong is going to be attacked by China and Trump is going to bomb Beijing with our poisonous hogs. This is all very biblical shit, yet we’re barely off the highs because so many of you fat fucks buy dips. You just can’t help yourselves.

But a serious and pointed question needs to be pointed to you.

Is this the end of western finance as we know it and is gold the only logical investment for gentlemen of Wall Street?

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14 comments

  1. natehois

    You’re trying to get picked up by Tyler again

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  2. metalleg

    The real question is whether the Fed/US Govt/PPT can inflate stocks again if they wanted to, ie or have they lost control?

    While I like to think they have and we are at the end of their shenanigans, it’s hard for me to believe that they are powerless to rig the market higher if they wanted to.

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  3. natehois

    All this takes is one Donny tweet to set this thing back on the nitros

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  4. trumpmeister

    Can you stop writing bs that serves as nothing more than auditioning pieces for ZeroHedge?

    How about you come back to writing quality contents that were pervasive on this website from 2007-2010?

    I still remember your FTK call back then, along with some other gems.

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    • Dr. Fly

      I AM A MASTER ACE STOCK TRADER. I do not only trade the upside, but the downside. You are less than shit on the edge of my boot. I’d ask you to refrain addressing me in such a libelous manner, but I know you’re too stupid to listen.

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  5. raw doggy

    Fly!! ?been itching to create a profile and get on here and ruffle some feathers. Any thoughts on natural gas? Its been beaten down and raped…I have some buddies in finance that are big into VLE or other ticker would be PNWRF.. high risk reward play…. .
    Thoughts?

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  6. spaceman

    Dr Fly ah I mean TERRORIST Fly is doing a fine job I like his tone and attitude.

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  7. numbersgame

    It’s a waiting game in the short term, as well as the midterm. Market driection hard to tell, especially given the panic buying in USTs over the last two weeks. However, this article told me where and how to put my money to work:

    https://www.cnn.com/2019/08/12/investing/kraft-heinz-fitch-warning-junk-bond/index.html
    (no, not KHC)

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  8. helen

    Why do these LOZAaas come here giving shit to Le Fly? You’re getting FREE valuable information (not to mention, presented in the most poetic fashion) and in return you offer what? NADA/NOTHING. Go fuck yourself you cousin fuckers!

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  9. mrcharlie

    Fly you sick fucker!! I know you meant MASTA ACE!!

    https://www.youtube.com/watch?v=-DF64y0LLbc

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