iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

It All Started With A Failed Auction

The devil himself just ate a post I wrote twice in a row, via WordPress.

It was witty.  It was insightful.

I have lost my motivation.

On October 2nd, 2014 I solemnly swore you would never miss another failed auction.

We saw the early signs of a failed auction last week Wednesday.

It confirmed that next Thursday and I ran around town babbling like a crazy person.

Rose Colored Sunglasses triggered in the Exodus Strategy Session that nobody reads.

Failed auctions are the apex predator of the financial markets.

Next week we dine in hell, via a tightening of monetary policy.

Deuces

 

 

If you enjoy the content at iBankCoin, please follow us on Twitter

8 comments

  1. UncleBuccs

    RCS ftw

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Joshua

    Fantastic call, I read it when you posted, and you were dead on. Nice krampus picture.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. the dude

    I will pay more attention in the future.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. pb

    In retrospect, the Friday sell-off is not surprising. Who in the heck wants to hold long into what may prove to be the most volatile days in stock market history? I also notice that the major currencies are more than holding their own while the not-so-major-currencies are deteriorating at an alarming rate. The bottom front page at Kitco nicely summarizes that issue.

    • 0
    • 0
    • 0 Deem this to be "Fake News"