iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,445 Blog Posts

CANADA IS DONE, EH

You homosexual wildlings to the north of the wall are in for trouble. All of you stupid tar sands and forests are depreciating in value, not to mention the ridiculousness of your gold mines.  Since you make nothing but maple syrup and axes to chop down trees, I reckon you’re in for a very rude awakening. I imagine this sort of awakening would happen while you’re asleep and look a little something like this.

It was just reported that the Canadian inflation rate slooowed, like a glass of molasses, to an annual rate of 0.4%. Very soon you will have no choice but to endure the horrors and tragedy of deflation.

Your currency shall perish and so shall industry.

On the other hand, down in King’s Landing, things are going swimmingly. The country is very powerful and our natural gas fields are the envy of the world.

In other news, it appears my JRCC trade has revived. Do you know why I am still in the name, after declaring it to be a “dead trade”?

The answer is very simple: I am able to, mind you, hold my butter–because of the fact that my gains are outsized. I have the luxury of holding losers and waiting, even averaging down, because I have conviction–beliefs.

 

Do you?

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17 comments

  1. elizamae

    Also, the mayor of their largest city is allegedly a crackhead. So they have that going for them as well.

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  2. jskogs

    Hey easy now. Just kidding. It’s not our shining moment that is for sure. Rob Ford is clearly a raving lunatic.

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  3. Language Dork

    Let them eat Timbits!!!

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  4. Toronto Trader
    Toronto Trader

    If you could only see the overbuilding going on in Toronto right now. I look out my condo window and can easily see 17 cranes. Unless we are importing half the country of China we might have a bit a demand issue. There are a select few that realize there are issues coming, but the vast majority are clueless right now.

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    • BRAVEFLAPS

      “We need more condos!”

      “Ancient Chinese secret, huh?”

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    • Paul

      I’m in Vancouver, and we already imported half the country of China. It’s what’s keeping our economy afloat.

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  5. Jonathan

    I work up at the oil sands for a major company and our operations are running at full steam. We are now using Boeing 737’s just to bring in enough workers instead of little turbo props.

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  6. Jonathan

    They are blaming cheap gas for the result of our missed inflation target lolll gas prices jumped 20 cents past few days here in Calgary

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  7. Yabollox

    So I think I’m getting your message…. buy POT, CNI, SU, BBRY and maybe ABX for a hedge.

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  8. Julz

    Regardless, we burned down the white house (pink before our maple torches destroyed it).

    Canada 1 USA 0

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  9. jill

    Slow motion disaster and main US trading partner…

    http://i.imgur.com/QnbTEkJ.png

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  10. Lucas

    This is the best export that Canada made I can think of… shout to my grl 🙂 https://www.youtube.com/watch?v=sXd2WxoOP5g

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    • BRAVEFLAPS

      Maybe America can take Nickleback of our hands now too, eh?

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  11. muktukchuck

    You forgot BACON!

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    • Lucas

      lol! I killed some braincells the past few days they need to regenerate. They actually are not as trailor park boyz as you might think. On a nice simpleminded quippy minded day I could remember some of the key companies that really are good. Today I would rather watch trailor park boyz and just chill hahah

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  12. jimmy jeblonski
    jimmy jeblonski

    one of the world’s biggest natural gas finds now in Canada’s westernmost province…and they’re gonna ship it all to Asia as LNG where it is selling for $15. Me no thinky they done just yet…

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