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
23,441 Blog Posts

BONER TIME

321 cracks are now up 8% to 5 year highs, above $31. This shit is getting so egregious, so magnanimous, the clerk at my local gas station is doing lines of blow off his cash register.

If you are a human being in need of money, it is imperative that you consider long positions in one of the following, if not all: WNR, CVI, ALJ, HOC, VLO, CLMT, TSO.

In layman’s terms, it’s BONER TIME for WNR shareholders.

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Fly Buy: TER, WNR

I started a new position in TER and added to WNR.

If you buy the above stocks because of this post, your penis will fall off. And, you may lose money.

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Ride the Silver Bullet to Prosperity

What if the recent decline in silver was nothing more than a pit stop to higher prices? As most got bitched out of the metal, those with the testicles to step in last week are minting money today. Shares of EXK, AG, PSLV, AGQ etc are sprinting higher. If the stated policy of the Fed is to devalue the dollar and if the euro is retarded, where the fuck will people put their money?

Precious metals seems to be a better than average place to put money.

Having said that, I’m not a gold bug and I generally spit on those who want to buy things with gold bricks. I like paper money because it folds nicely into my wallet. Plus I enjoy folding my money to conform with illuminati conspiracy theories.

Back to stocks:

Refiners and precious metals. That’s all I care about right now.

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Here We Go

Big news this morning out of WNR, as the company relays information to be in talks to sell their refinery at Yorktown. This is exactly what I’ve been waiting for, with regards to impaling the WNR shorts. A sale would equate a thermal nuclear device going off in their pants (no homo).

As an aside, I am making a large fortune in silver because all of you were too stupid to buy last week or liquidated into the frenzy. I’ve been doing this shit a long time and I have a steady head for this shit. It’s not for everyone and most of you should cease and desist from devaluing your family assets at once.

I like beaten down commodities here, especially refiners: WNR, ALJ and HOC.

My silver holdings include EXK, AG and PSLV.

[youtube:http://www.youtube.com/watch?v=cNdqoQWz34E 616 500]

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Pomp & Circumstance

I ate so much BBQ chicken this evening, I feel as if I am writing this under the influence of general anesthesia. As I sit here watching my insane brother in law watch Hitler on the History channel, I am sensing S&P futures are rising. Keep in mind, I’ve yet to view the market and have no idea if futures are lower or higher. However, I do know POMO. And if Bernanke is truly as badass as he claims to be, he will light the faces, of those who bet against him, on fucking fire— starting with tonight’s session,.

Gold, silver and oil should all trade higher, following last weeks liquidation. As my brother in law switches from Hitler to Vietnam, I feel a certain urge to drink coffee, something hot. Mind you, I do not like cold coffee anymore. If one is to drink coffee, no matter the temperature outside, it should be consumed HOT. Only bitches and homosexuals drink iced coffee.

As an aside, I am, most assuredly, pleased to report NYC buses are now equipped with cameras to stop traffic violations. So, should you drive your car in NYC and happen to turn into the bus lane, you are practically guaranteed to receive a $100 ticket inside of 3 business days. There is nothing like living inside a tightly wound police state. You can’t do shit without getting arrested. Everyone is one bad choice from 20 years in prison, unless of course you are a child molester. They only get 2-3 years.

It is my opinion that too many people have freedom anyway. I’d like to see all sorts of people hurried away into small cells, especially people who drive their cars without honor.

I am getting off topic here. 10,000 apologies.

Hitler is back on the teevee and “The Fly” is back to his bullshit again, buying stocks with reckless abandon.

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Chequemate

The Greek fairy tale is false. The bears have dug themselves into a hole that will be cemented shut very soon.

As for my refiners, you bears dressed in burlap are short during an epic period of profit margin. In other words, you’ve been chequemated.

[youtube:http://www.youtube.com/watch?v=p6fcxH3mync 616 500]

NOTE: We are developing new PPT tools that will allow user to identify OVERSOLD and OVERBOUGHT ranges via a certain time frame. Check out the precise OS over the last 6 months, anything under 2.6.

SHOMP

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Flash Crash Redux, This Time It’s German Bullshit

Rumors were reported by a fucking German newspaper, regarding Greece leaving the EU. As a result, the drama at the exchange is in full force, with traders sashaying in and out of positions. Grandpa Fly used to say “there is truth in rumors. Fuck those firemen.”

The dollar is going apeshit to the upside and the party is all but ruined.

Thanks a lot you fucking German scum.

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Where Are the Loud Mouths Now?

Indeud.

You little trollops were talking so much shit yesterday, as I graciously legged into silver stocks trapped inside cars filled with mustard gas. I braved the fumes and rode into work— long and worried— with egregious amounts of PSLV and AG. What did you do, pal?

See, that’s who I am and you’re nothing? Good Father? Fuck you, go home and play with your kids. If you want to be able to read here, you better pay attention to what I am telling you, else you fuckers are out.

I’ve been in this business for over 15 years now, banking coin without regard for limitations or the feelings of my enemies. In full candor, I show you my hand. In return, the very second my hand takes a hit, you little piss ants come here to revel in my frustration. Let me be clear (no Obama), I will murder you. Don’t fuck with me if you value your liver, for I will eat it with my ritz crackers.

A quick little update for you: This is the PERFECT environment for the refiners, following a sharp drop in crude. Hey, do you know what the crack spreads did this week, as crude plunged? They went up you fucking faggots. So, we have a scenario where gasoline is cheaper, profit margins are greater, and fears of demand destruction through $4.30 gasoline are abating—as prices come down. Needless to say, I am loaded up with WNR, ALJ and CVI.

Onto silver: there are a lot of silly fuckers leaning short. I expect to see silver trade up to $40, spitting in the faces of people like Jim “dumbass Asian pole smoking bow tie having” Rogers, Carlos Slim and Dennis Gartman. My favorites are PSLV, AG and EXK.

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