iBankCoin
Joined Apr 19, 2009
721 Blog Posts

So What’cha What’cha What’choo Want?

[youtube:http://www.youtube.com/watch?v=KzaFGMQRBfs 450 300] 

Nominated for “Best All Time Song with Worst Video of Prospect Park, circa 1991”

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To gauge for yourself  if I’m having an “approachable day” or not, you can now repair  to the wholly representative Pat Boone Metal Page  for a safety-conscious review.

If things are bright green over there– like a Springtime Shamrock Shake Party at Ralph Nader’s house in Galway — you’d be able to walk up and hand me an Obama hymnal with little chance I’d even go thin-lipped on you,  never mind laying you low with a carotid chop to your whoreson neck as you’d fully deserve.

However, if things are as violent a red over there as Pammie Anderson’s tuchus at a Tommie Lee “bring-your-own-cricket-bat” lingerie party  you might want to be a bit more circumspect.    Silent, even.  

Because as much as I may hide it here, with my cool equanamity and Mad-Men inspired pork-pie hat, I’m all a-scramble inside when my beloved metal friends do the snake dance of volatility.

And these strumpets have been volatile lately, as strumpets are wont.  

On days like these, however, the addition of account zeroes to my tally only makes me look upon these assets with more fondness and father-like mirth.   Tonight, I promise you I shall chuckle to myself as I stuff my certificates into silk pillows and hide them in my upstairs attic, next to Aunt Ida’s skeleton, where the “revenooers” will never find them.

Don’t get any ideas, whoresons, she was a 40-year Anatomical Sales Associate for Barr Labs before retiring to Winter Garden.  She left me that sample as a wedding present.

Today’s coin banquet included the Brutish Doubler, [[AGQ]] ,  the loverly [[CDE]] , the timid yet precocious [[EXK]] and the schizophrenic girlfriend of silver miners — Hecla Mining Company [[HL]] .  

If you’re sensing a pattern that “junk” silver is heating up, well, give yourself a pre-’64 Washington quarter.  But just one, as they’re dear to me.

Even the more traditional Jacksonian silvers did well today, however, and you should be A-lways B-e C-losing” on Silver Wheaton Corp. (USA) [[SLW]] , [[PAAS]] and Silver Standard Resources Inc. (USA) [[SSRI]] like that fat-ass Alec Baldwin closes in on a  jelly doughnut that’s rolled off the catering cart.

On the gold side, the price of gold was up $14  (1.4%) today, (as opposed to volatile silver’s 2.8% increase), and the juniors showed that there might be more to come, with New Gold Inc. (USA) [[NGD]] and Northgate Minerals Corporation (USA) [[NXG]] , Rubicon Minerals Corp. (USA) [[RBY]] , Gold Fields Limited (ADR) [[GFI]] and new-comer pocket Hercules Nevsun Resources (USA) [[NSU]] tearing it up today.

Non precious, non-Jackson holdings that did well today also include [[CAR]] , Amkor Technology, Inc. [[AMKR]] and The PPT favourites (sic) [[ENTR]] and Trident Microsystems, Inc. [[TRID]] .

All in all, it was a day where I’d say I’ve earned myself a spanking new sheepdog, or a well-combed Lhaso Apso, in the least.

I predict more volatility and personal moodiness on my part, so don’t forget to check the signs before approaching.   I’m still saying we ride the Jetson Rocket Sled into Christmas and feast on bull in the New Year.  

Check your chinstrap, and let’s get going here.  Best to you all, but see you lucky ones in The PPT.

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16 comments

  1. DPeezy

    Embedding disabled…

    I feel more like this one…’Sabotage'(d)…http://www.youtube.com/watch?v=z5rRZdiu1UE
    (with a bass riff outta this world)

    Back to tendin’ to that bitch of a whore.

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  2. DMG

    Freakin’ hilarious post, Mr. Gint!

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  3. Hammy

    sick song and video

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  4. Hawaii Five0

    Jake,

    LOL!! Funniest post yet.

    In an earlier post you mentioned that you use the RSI and the Slow Stoch. May I ask how you interpret these? Are you looking for divergence, over bought or oversold, K crossing d or some combination?

    Any help appreciated.

    BTW, my PMPIX gave me a nice 4.98% today on 1/4 of my portfolio.

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    • JakeGint

      Wow, nice concentration!

      I look for divergences, of course, but I only use them as secondary checks on the big two — price and volume.

      If you look at my charts, I like price-volume bars as support resistance zones too.

      __________

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  5. Docsparks

    Nice jake…great piece today on HLCS from their recent sale to a medical lab. I know you’re still holding (I’ve an obscene amount as I commented on). Commercialization of genetic testing is here – this is a medical cash biz (no insurance – just people forking over credit cards) the holy grail for health care entities. They need speed and HLCS delivers it.

    http://www.genomeweb.com/sequencing/correlagen-launch-genetic-cardiovascular-diseased-assay-helicos-platform-month

    just got back from my presentation in San Diego – damn month of prep work – but well spent. Looking to get back into active trading with the iBC crew, and I’ve a taste for the glittery side…

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    • JakeGint

      Nice — are you guys cash flow positive yet?

      I mean your co, not HCLS, which I still have a ton of you are correuct. (sic)

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      • Docsparks

        Cash flow positive yeah, but we need to ramp sales. Massive gov’t HIT handout to docs announced a few years ago but no details.

        Early ’08 they determined it would kick in during 2011 – but at the same time, they announced the requirements to get the funding would only be determined at the end of ’09 – how screwed up! That killed a big part of the biz at the peak of the recession – docs put system purchases into the freezer until the details are released.

        Moronic gov’t intervention inadvertently decimated a lot of small companies that were innovative, and growing competition that was lowering prices. Now it’s a few big players and smaller efficient fish, but the market price is whack since the amount of money in the stimulus is insane ($44K per doc!).

        What’s worse, before the HIT programs were proposed this industry was starting to take off on it’s own. No good deed goes unpunished.

        Gov’t should just let insurers compete across state lines, cap malpractice awards and get out of the way. The “waste” in this biz is not at the point of medical care, it’s the enormous and costly infrastructure of humans that do not provide health care, but “manage” those that do.

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  6. JakeGint

    Gold at $1020 here at midnight, and silver eleven cent off of $17.

    Could be from this rumor out of the UK from major Yankee hatah Robert Fisk claiming the Ahabs are thinking of replacing the dollar as the petro-currency.

    Grain of salt time for anything Fisk says….

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  7. DMG

    Calling all cars, calling all cars…what the fuck is going on w/ CVM?

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  8. j

    You go boy. What else can be said about a wunderkind gold funk like you… oops and silver too…. LOl

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  9. j

    Recall when we talked about someone large was down there at 985 ish or so. It wasn’t large it seems to have been humongous.

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