With Nonesuch Authority: It’s Time to Bet Against Dr. Copper

Fuck copper and the horse it rode in on. For the better half of the past year, the price of copper has been meandering, slivering even, like a snake. Most traders are unsure as to the immediate direction and simply chalk it up to Chinese nonsense. But the shares of FCX have risen to fantastic levels. Bear in mind, I left a whole book of clients long many shares of FCX in the single digits. But enough is enough.

Base metal shares have risen to absurd levels. Look to the price of X to understand what I am speaking of. By the way, that is a high risk pick of mine, heading into the elections.

Come hither as I divulge to you a great secret, small peasants.

The sublime harmony of mathematical precision (SHOMP) is suggesting that you sell or sell short shares of FCX.

I understand that to many of you selling short is equal to a Faustian Bargain, one wrought with sacrilege and scandal. But I beg of you to look towards the numbers. The algorithms that I’ve developed have a keen understanding of how FCX trades. Its never been wrong, in 9 previous instances, over the past year.

Nevertheless, and this was mentioned during today’s chat room session inside the new Pelican Room inside Exodus, I prefer to sell short XME. It too is flagged overbought and has incredible stats. But the timing of said short is in the details.

Such details will only be shared with the top hatted gents inside of our hallowed halls.

You can droll about the house again, pandering to your teevee box, ingesting cheese’d doodles whilst watching rotten tomatoes commit eloquent acts of unpatriotic sophistry for an otherwise beguiled and morosophical audience.