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
19,904 Blog Posts

The Trump Recession Pops Off With Fantastic Rally

Futures were down 300 last night and then Trump issued some bullshit presser, exclaiming that negotiations with China were going splendidly for the 100th time. As such, markets are soaring today — because humans enjoy being lied to. What a fantastic world we live in.

I’ve been busy all morning getting my SHIT together in NC — dealing with car rentals and insurance companies. So far, I like this place very much. Everything is brand fucking new and I rarely see any people, which is an added bonus.

Will this rally hold?

Absolutely not. Trump is on the verge of bombing Beijing over a tweet gone sideways. Do not fool yourselves out of your gold positions, lad. It’s made of sterner stuff.

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10 comments

  1. franky

    where in NC did you land?

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  2. awanka

    You’d think it wouldn’t work after the 4th or 5th time, Mr. Fly.

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  3. spaceman

    I just took out a loan for THOUSANDS OF DOLLARS to buy more silver isn’t that great!

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  4. spaceman

    I just took out a loan for THOUSANDS OF DOLLARS to buy more physical silver isn’t that great?!?!

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  5. spaceman

    I’m so excited about the state of the chaos and carnage that I had repeat myself!

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  6. fxtradepro

    IF markets do accelerate lower and in fact this is “the big one”, i’d expect some selling in both Gold an Silver (and of course everything else for that matter) on fears of deflation and a mad dash for cash, elevating the USD. When the Fed gets its ass in gear finally, this will represent the next massive move higher in both gold an silver and subsequent decline in USD. Happened in ’87, and ’08 – of course perhaps this time is different.

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