Good Sirs —
You thought you escaped the war trade and then the regional banking run. You celebrated with memes — after you had shilled for bailouts. You posited bailouts were bad prior to it effecting you. The moment if effected you — you started to suck government dick.
Let me describe my bearishness to you.
I am keeping my money in AT RISK banks because I want to lose it all. I want the banks to seize up and fail — the whole kit and caboodle plummet into the fiery oceans taking me with it. I do not endeavor to survive the great fires. Oh no, that would be cowardice. I’d like to perish in the fires alongside you — but only with an expression of utter happiness on my face as if Santa Claus just left me a tricycle for Xmas.
We went from inflation to DEBILITATING DEFLATION in an instant and let me tell you — DEFLATION IS WORSE.
Dollar shortages and PLUNGING commodity prices demands sharply lower stock prices. Whilst you might believe you will make it — you will not. A great tragedy is upon you and there isn’t enough money to bail out all the banks in addition to propping up the bastardized state of Ukraine.
As for me, I am +1.2% today and should be up a great deal more. However, since December I’ve forced myself into a 100% long book via the Stocklabs quant, so all of my hedging is what’s making me green now.
I am 20% FAZ, 20% SOXS and I might just leave it there — more than content with my pittance of a gain whilst getting to enjoy the plummeting of stocks and all of the other things which make up Pax Americana.If you enjoy the content at iBankCoin, please follow us on Twitter
I’m okay with the ‘Blaze of Glory’ thing.
We’ve been waiting for this to happen for 15 years.