As you know, in my previous rant, I declared the “death of the bear market,” thanks to the amazing losses at [[FNM]].
However, it’s worth noting, thus far I’ve done little to act upon such sage advice. As a matter of fact, I’ve initiated a trading position, going short the dollar, via [[UDN]].
Keep in mind, “The Fly” is much, much smarter than you and the market. Therefore, he wins, a lot.
So, in essence, I’ve done nothing more than talk shit, hoping that my words would serve as a contrarian indicator, enabling me to win—in real life. A very tricky, yet intricate, plan indeed.
Nonetheless, I intend to bank profuse amounts of coin, through misdirection and mixed messages, via buying a selling a variety of ridiculous instruments.
You might be saying to yourself: “What the fuck is this asshole talking about”?
To you, I reply: “Exactly, watch me execute ‘magic tricks,’ right in front of your face.”
With my money, I’ve decided to open up a variety of positions, namely [[UDN]], [[GFI]] and [[FXP]].
On the day, I’m down less than $1,000 or 0.00001%
If you enjoy the content at iBankCoin, please follow us on Twitter
GFI, what the cock is that shit.
2 year down trend.
South African gold stock.
Stock got hit due to power issues. Nonetheless, they still have vast amounts of gold in the mines, which will increase in value—as they get their shit together.
Unwise to bet against China leading up to Orympics. They are passing laws to open up their markets for margin trading.
And their markets are emerging from 7 weeks of consolidation, to the upside.
Bet against China, fucker, and lose your wok.
PAL seems to be rolling over, can SWC be far behind?
I’ve initiated a tdg short in the POS.
Come clean contrarion.
I made a video for you guys.
Developing…
Fly is turning into “the JJ of gold”.
As I mentioned, Gary is nowhere near as funny as you.
SLW.
GFI!??? hHAhahahah Holy shit, shit must be really getting desperate huh?
What’s the big fuckin point to hedge via a pure speculation play? Go long via RJZ… It’s a basket full of special metals…AKA diversification! Also theres a very reasonable BETA.
Wow Fly, you are becoming a mirror image of the market . . . schizophrenic!
Index’s printing some of the prettiest bear flags I’ve seen 😛
Where’s Charlie!
As a matter of fact, NO.
I do recognize my multiple personalities. However, if I were an “mirror image” of the market, I would have covered all of my shorts and gone long today.
I did not.
As for GFI:
There is significant value in the name. I feel comfortable buying it and waiting 1 year, until it goes back to $20, than buy GLD and risk top ticking.
I will make this blog levitate in…
…3
…2
…1
….
$100,000,000 * .00001% = $1,000