I hear lots of bullshit tom-fuckery, regarding Europe and how they will inevitably collapse and rape everyone. I hear the same shit about Japan, as eloquently pointed out by Hugh Hendry, calling them a “nuclear bomb strapped onto the chest of the global economy.” Quite frankly and respectfully, no one gives a shit. People are too busy spending their bonus checks, whilst concocting plans to export the low paying factory jobs, that your Uncle needs to eat, to Shenzen, China.
Life is grande if you are part of the haves. As for the “have nots,” let them eat cake.
I’m a big believer in Darwinism and how some are destined to shine shoes, while others piss on the world from atop Cadillac Mountain. Having said that, I step into Monday’s trading with mixed emotions. Inside my personal account, I am heavily hedged with FAZ. For managed, I am 90% long and strong, like two cocks stuck in a hammock.
It is my belief we are in the midst of extending the current bubble into the absurd. The Gilded Era is upon us, where gluttony and hedonism reign supreme. I’ve secured reservations for Per Se, fully satisfied with their egregious $1,200 per plate dining experience and a 4-6 month wait. I am able to do this, AND MORE, thanks to my time machine and space alien magician ways. Plus, it helps a great deal to be blessed with an IQ, just above 155.
As for you: it’s not necessary that you visit iBankCoin on a daily basis, for we will visit you. I’ve taken the liberties to secure all of the locations of our readership and put all of you, mind you, on 23 hour surveillance (everyone deserves a little privacy). Our IT department is developing offensive internet weapons that can effectively fry your PC and cause small explosions inside of your office, which may result in your decapitation.
A great man once asked: “is that a threat?”
Absolutely.
[youtube:http://www.youtube.com/watch?v=x70T7QYhQyE 616 500]
If you enjoy the content at iBankCoin, please follow us on Twitter
yeah baby yeah!
cake no, brioche yes
relax on the FAZology
You got me laughing again Fly. Love it, applicationxshock waveflash. Where do you get this stuff?? Gotta love it!! If my computer goes down I will know who to blame.
“Life is grande if you are part of the haves. As for the “have nots,” let them eat cake.”
That story ends well.
LOL! Good blog post tonight, Fly!
90% long and strong like two cocks stuck in a hammock… Classic, Sir Fly. Indeud.
Not hopping into the FAZmobile just yet…. McClellan still not showing overbought signal. Will wait for the NASDAQ selloff after VZ, AAPL hype this week. Lock and Load…
Mr. McClellan died broke.
He wasn’t banking from his Miracle Whip invention during the depression?
How could he be depressed with Coco’s Ass and Miracle Whip?
Just like Miracle Whip isn’t mayo. It isn’t Coco, Venezuelan girl named Melanie.
Coco’s much huger. This girl is slim in comparison.
Sorry Coco, you’re gonna have to take it down a few notches …….
http://c1.ac-images.myspacecdn.com/images01/34/l_bd6fa205f2bab40b79f393881d868128.jpg
90% long and strong like two cocks stuck in a hammock
I think this is your first analogy that I’ve read that has me completely at a loss. What is the metaphorical hammock? Or are you talking about the birds? Confused. Omeizer, could you shed some light? Anyone?
Has Jeremy been working tirelessly in the basement of the iBC laboratories again?
He deserves extra meatballs with his bonus this year.
Can you infiltrate my Blackberry because this is how I usually access your blog. Also, I am having a tough time visualizing 2 cocks stuck on/in a hammock…
Obama is now Joe CEO….its GOGO time USA for 24 months.
Watch $JNJ $INTC $MSFT ready to run… $T easy $30 roll.
Unlimited Liquidity Unlimited Tax Relief M N A can you say Merger Monday
Still trying to digest The Tuscon Tragedy very disturbing.
Looks like the guy was full on wack job and nothing more. Just went Postal.
Very sad…the cost of security just went up.
Quite possibly something more than just a wack job. Politics has become increasingly more aggressive and obnoxious in the U.S.. Since politics is sometimes disucssed here, we R lucky that it is impossible for people to shoot each other over the Internet.
Fly,
Does my ass look fat in this kilt?
Extraordinary post M. Fly! IBC Volk: what say you of ZeroHedge’s silver post (http://bit.ly/fJ7j5oer)??? Ready for the JC slaying for raising such a bearish issue herein.
with slight chagrin:
http://bit.ly/fJ7j5o
I may be the most delusional silverbug who comments on iBC, but not because two cartoon bears speculate about JPM/China/Comex.
Not saying that it isn’t possible or won’t happen, just not credible enough to invest upon.
“Don’t worry, Sheep…”
ROFL. Sounds like Fly talkling to Ozzie Jay.
_____________
LOL — You do not know what the Asian male will do for the American pee-yoon tang.
\______________
http://finance.yahoo.com/echarts?s=fxe#chart2:symbol=fxe;range=5y;compare=uup;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
looks like UUP is going up….the whole thing is a circle jerk
“As for the “have nots,” let them eat cake”…That’s just wrong!
Fine. Pizza pops.
ah, but if the have nots fall completely into oblivion, if chaos does ensue, darwinism on a grand scale… I wonder if, frankly, this has happened in the past? I wonder if, frankly, the aftermath then favored those proven to be able to build stuff and make stuff and organize stuff, and stuff? And not just let whacking of keys…
Indeed, ultimately, the lords of finance need the have nots more than vice versa, and its really just in a very prosperous society where they can truly thrive.
Or something.
Digression aside, Hugh is definitely “doing the hugh hendry” lately…
Actually, have nots are the ones that vastly out reproduce the haves. A reverse Darwinism is already taking place. Many implications arise from this.
I wonder if China lets 155+ IQ types have as many kids as they can find cunts to dick. Or if they are ordered to “dick lots of cunts or else”.
awaiting moderation? For what?
IBC changed its internet logo for some reason, at least on my computer. To a letter looking email thingie, from its previous gold circular thingie.
and public for our neighbors to the north:
http://www.ibcadvancedalloys.com/s/StockInfo.asp
lol. ye merry loo is circular and gold once again
Is it really $1200 per plate?
better be eating monoatomic gold for that price.
It’s overpriced because of the location in Columbus Circle and it’s famous blind-and-dumb chef, Helen Keller.
You are better off saving your stash and going to Shun Lee, a couple of blocks north of there.
_____________
Per Se’s tasting menu is $275, more for the truffle probably. Are they doing a special event?
We did the tasting menu at an awesome fine dining restaurant this past Saturday (Lacroix) and I was appalled by the disrespect people have these days. You must wear a uniform to these establishments (suit and tie); break out your “nice jeans” for slurping fucking margaritas at Chili’s. All obnoxious NY/NJ delinquents who wear hoodies to Michelin star restaurants, ask their wives “what do you bitches want,” or flat out tell the pastry chef a portion of dessert was not to their liking and recommend they take it off the menu, should be forced to identify at least what 5 things on the menu are before entering. “What’s salsify? -I think it’s like Mexican dip.”
Sounds like some of the folks in Fly’s redneck videos made a bunch of money selling drugs and went to eat at that restaurant. Darwin is not as selective as some might think. Survival of the “fittest” can be accomplished by selling drugs, or being born into a well-connected family, or any number of things that don’t mean a person is smart.
It is NOT $275.
Actually, it is. Didn’t even know that option existed.
Indeuuuud.
Shun Lee.
_______
Dinner at my house is only $274 (and I’ll even take those little American dollars). Consider it a standing invite to any of you.
Safely battened and headed out to Dystopia… it’ll be a light forecast for this week.
______________
Indonesia getting homo-hammered again on inflation fears. The Jakarta index is down 7.5% in 3 days. TLK is an Indonesian telecom company that’s been getting hit.
One heck of one bubble. Well, China Copper data was weaker and Auto Sales in China high for Dec cuz Tax Credits ended. I am here everyday, I will get back to my normal posting soon…its been a rough month for the Nymph…but things have to get better. With not much of any economic data today, I wonder if the Bulls will do their dip buying with POMO even though Asia and Europe is weak…you really watch us? lol…stupid bubble. This strong JWN and TIF and weak Target and Dollar General….the have and have nots are really going to give at some point…Ben really looks like he may get his wallet taken away soon.
How many years have you been waiting on the alleged China copper bubble? Have you noticed that China isn’t like the rest of the world? The stability of their government over decades allows them to do things like plan for higher copper prices, oil prices, etc. in 67 years. They can continue stockpiling all metals/energy commodities accordingly in the present. Almost all of the uranium production from the athabasca basin has gone straight to China for more than 10 years now. Oil is another fine example. They can stockpile copper for longer than your natural lifespan.
China plans to build 60 nuke plants in the decade
Guess what, those take copper to build too.
They won’t pay that price, and without met coal it will be very hard to keep that growth rate growing.
Fly-In addition to the serious point, that was an entertaining post. It takes a lot to get me laughing before the first cup of coffee and this one did just that.
“Dupont to Buy Danisco for $5.8 Billion to Add Enzymes”
Merger Monday.
Dupont can juggle my balls.
Fly I point you to China’s trade surplus decreasing, that would indicate less spending would it not? And more importing iron ore/coal from the country I call home to build more buildings. I think it’s prudent to seek protection, and is why I have FMG puts. Further, I think Hugh Hendry’s thesis is sound. I am also short Us steel.
When the time comes we “have-nots” will rise up and take all your shit.
lol, at least a have-not knows better than to book reservations on a 3-4 month wait, for a disappointing 1200 dollar nuevo nothing.besides,our shoes are much more shinier.
Fly, I might consider buying some internet security longs after reading this post.
Neighbor Fly. Focus your surveillance on my PC and if you like what you see come on over. We have extra Lox and Bagels from Murrays. And we have some for Mrs. Fly.
What are you using liquid oxygen for?
It’s more kosher than the gaseous variety.
___________
SOL up over 5% in premarket!
SOL up over 8%
Fitty offers le Fly some investing advice.
_______
Snow in Alabama..lol
Move North to Canada…stay warm
Long rock salt and …that liquid Calcium shit all over my windshield
A friend who lives south of Atlanta just sent me a picture of his deck with 6″ of snow on it. He says the entire region is paralyzed. ……….Southerners…tsk tsk.
Interesting article on mauldins site regarding the cause of the upside down weather being due to volcanic activity. Looks like we Northerners better haul out the long johns for next week though. High temps in the single digits according to NWS. Good for those of us in the heating trades. Did you know that cold has a smell? Smells like money.
Get long shovel-makers.
Are you talking to me go2mars? The nature of a hedge against china, given the odds are so good 50:1, 100:1… I can be wrong for a long time, so in my case since mid 09. Yet I made 5x my money on puts in 2010.
Firstly, I am not betting against China, I’m betting they have reached overcapacity on the property construction side (significantly different). Hence I believe it will impact adversely iron ore and coking coal.
Further, your argument about the government’s abilities to centrally manage the economy, is flawed. Read Hayek, and then look to Russia’s history. Things going well in an economy lend to excesses, it’s reflexive. In addition, if you read Money, Bank Credit and Economic Cycles, you will find that every monetary expansion in history precedes a bust, I would suggest, this time is not different, nor is China. In fact, given on a relative basis China’s monetary expansion “credit boom” has been the largest and fastest in history, it could be worse than just a property bubble on a debt level.
Ultimately, it is just a proposition, I won’t argue, just consider. I am exceedingly wealthy and still in my twenties, I want to stay that way!
No. The nymph has been going on, specifically about a Chinese copper bubble forever. Maybe she’s right. But I think it is equally probable that in the case of copper, that she isn’t. As to housing prices in China, I have no problem accepting the idea of a bubble. Commodity bubbles in China, I am more skeptical of. Those can be pushed out artificially for a good while by the stalwart Chinese.
Looking at the patterns of China Copper buying and selling over the last ten years…I don;’t see why it would be different this time at all. China has a lot of issues with local govts loans etc….btw, you forgot to mention the hydroplants too they are building and low cost housing, yet, there are conflicts in that because property developers have no interest in giving up land for that in china. I really hope it is a bubble because it is a perfect study of one for me.
For your sake, I hope so too. It is interesting anyways. May you rub my nose in this when it pops for you. But hydroelectric dams use copper, low cost housing uses copper, and housing developers have very little say in where hydrodams will go. 3 Gorges they just told a measly 1.4 million people to pack up and hit the road. It’s China. They do that there.
The giant military that they are building uses copper, the icebreakers will need copper, their expanding space program needs copper, and so do crappy electronics that they export by the Zilliaton (fake unit).
Do you know what your problem is fly? Your arms are so long, and your genitals are so close to your shoulder!
Is this related to the hammock again?
Explains the much used phrase “punching off your chest hairs”. 😉
How does 60 nuclear power plants pay the owners of empty buildings?
I smell the optimism bias!
Ubi sant.
cocks. hammock. bwahahahahaHaha.
Why are you talking about Copper go2mars? I am talking about steel.
Apologies, I get you go2, well perhaps the nymph misinterpreted how to play this one, yes copper is used heavily in construction, but it has more breadth to it’s usage. I feel steel is the best way to play it.
Agreud. But I’m not as confident in timing as you two seem to be. They can still build a lot of subs, aircraft carriers, launch pads, vehicles, icebrekers, high-speed train rails, and other such steel hungry projects long after their foreign reserves start having to subsidize it all.