iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Time to Wap the Insano Pinata

[youtube:http://www.youtube.com/watch?v=2uVXQ6P6UqE 450 300]

Breaking Footage from the new iBC documentary: “Perdy: The Origins”

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Do you think it will just be silver and gold that will go dotty when the dollar implodes?  Let me disabuse you.  It will not be so.  It will also be platinum and palladium, petroleum and berillium, cadmium and radium, even guar gum and Bubble Yum will be breaking out.

Better yet, there will be a metal that shines like silver, mines like gold, and — as a bonus– makes the urinal shadows go away even faster than a pack and a half of Kools and a cold cold Olde English 800. 

That metal is lithium and it’s “rare earth.”   Not only is it great for curing insanity, but it’s almost as famous for powering cell phones, stock trading robots and small chassis time machines.   What a versatile mineral, and our friends down at the Sociedad de San Paulo own it in abundance. 

Let us give alms to SQM, then,  as it consolidates that move above it’s all important 61.8% fibonacci support line.   Let also that line be your guide for closing out your investment.   The targets are just as clear in the near term.   The weekly chart reveals:

My best bet is to wait for the break at $43.87, but then, I already own this name, so I would just be adding.   You make your own choice, you’re old enough for that now, no?  Beware the slightly overbought condition, and have patience.  You will be rewarded, I’ve no doubt.

If you can’t bear to keep away from the precious medallions markets, then GSS, RBY, BAA and EXK are four smaller friends that you could look at in a small way, on a small scale, with a small cheese wedge lodged in your wallet to prevent excess de-levering.   All show some promise and may continue…

Best to you all, and gute Nacht.

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24 comments

  1. chuck bennett

    nice work. wish I held on to my SQM

    regards

    chuck

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  2. Dr Fly

    Actually, it doesn’t really cure insanity. Take it from me

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  3. HawaiiFive0

    Thanks Jake!

    I will keep this one in mind.

    My new positioning as per your advice, which was to cut back on IAG, is now: SLW 15%, ANV 16.5%, IAG 21%, GLD 24%, PASS, 13%, and SSRI 12%.

    And all of these fine PMs continue to put money in my pocket!

    Your selections are inspired.

    Indeud!!

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  4. Spyder_Crusher

    Jake, you’re my dawg, for life bro (fo sho), but you’ve fallen behind the courve[sic?] lately.

    Allow myself to explain myself.

    First, rare earfs article with nary a mention of nascent ass-kicker on the scene, REE. For shame.

    Thirdly, you were unaware that Ben’s middle name was Shalom. If it’s gonna be printed on the 2015 SDR (or is it the IMF bankaroo?) you may as well learn it.

    Finally, and with no regaurd for numerical order and convention, I submit that your twitter avatar is still green, when everyone knows the Iranian elections never happened, and if they did, were a lifetime ago.

    I shall make no mention of the Giants sucking, nor shall I make claim on the Chargers not sucking.

    Actually, disregaurd this note. I’ve been dealing with the DMV for over 17 hours. It’s clearly effected my affect. On the plus side, I’m better looking than 99.4% of the people here.

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    • TraderCaddy

      On the plus side when Obamacare begins you can also get your prostate examined at the DMV while waiting in line.

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      • ecchymosis

        We have that already here in CA

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      • Spyder_Crusher

        never. would rather die.

        scratch that. several physicians in family. won’t have to worry about it.

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        • TraderCaddy

          Me too.
          Except one is a pathologist and works for CDC and is screwing around in South Africa on the taxpayer’s dime and my brother in S. Florida has had it as 70% of his patients are medicare and he is tired of getting paid less now than 5 years ago.
          He wants to open up a hot dog stand.

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    • Jakegint

      You don’t like my Green Giant? It’s not only a tribute to a Free Iran (not about elections, but liberty), but it also doubles for a hat tip to the other NY football team, the Nyets.

      __________

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    • Teahouse On The Tracks
      Teahouse On The Tracks

      Why would he mention REE when he just pooh-poohed MCP?

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  5. Jakegint

    ANV just off da hook, ovah heah.

    ________

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    • Spyder_Crusher

      all the gold stocks are shitting on the faces of cowards and non-believers alike, if I may belie my typical non-offensive writing style.

      good show jake

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      • kohai

        What Spyder said. Kick @$$ Jake.. many, many thanks and best to you.

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    • CommonGardenSlug
      CommonGardenSlug

      Just krushing [sic] it. Wonder why the big jump.

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      • Jakegint

        Sort of hoping it’s not an M&A as I’d like to load a tetch more.

        _____

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        • Teahouse On The Tracks
          Teahouse On The Tracks

          Looks like a reversal in most PM’s into the close … any chance there’s a leak of yen intervention coming?

          The banks started to rally into the close around 2:45 pm and 15 minutes later the pm’s started selling off … just an observation.

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  6. Dr Fly

    THIS JUST IN

    JAKOB GINT HAS VOTED FOR OBAMA IN THE 2012 ELECTIONS.

    I know this by way of time machine. Believe it! Not even Mr. Gint can deny these future facts, as he has yet to commit this heinous act of plebbery.

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    • ecchymosis

      Please tell me next week’s winning Lotto numbers because the market is TOO HARD!

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    • JakeGint

      I told Danny that you were not ready yet for that “special” ‘shroom tea.

      Jeremy, maybe, but not you.

      __________

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    • Bullish

      What happened to Palin/Gint in 2012? Bummer… I was looking forward to the bumper sticker

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      • JakeGint

        I told you, I don’t do running mates, or even sidekicks.

        It’s Lord God Emperor or nothing.

        Okay, Palin could do the Leiah Slave Girl thing, maybe.

        ________

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