Look at this shit. We might as well kill all traders and have machines trade markets all day, for the benefit of governments to make gains.
Up until 11am, markets were so worried about Trump. Then the machines came back online and carried it higher for the duration of the day.
Lots of stuff happening today, such as Jeb Bush hiring a retired British MI6 agent to find dirt on Trump (think about that for a second). What if Jeb won the Presidency? This revelation would’ve ruined his Presidency.
This all ties into my theory that the establishment elite are a cadre of incompetent shit posters, who’ve made their way through life cheating and extorting people for personal gain. These are not competent people — but idiots who were placed in power through nepotism.
I had some set backs today, chiefly in my NUCLEAR BOMB thesis. Both $UEC and $URG traded off, a temporary phenomenon no doubt. I sold two stocks, which spiraled lower, so that’s now in cash.
Because I’m delving in high beta degenerate stocks, the volatility of my profits and losses are going to be nothing less than explosive.
Either way, “The Fly’s” war with Mother Market comes to an end in 2017, with only one walking out alive.
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The dollar is about to crush gold. I’m pretty short gold as of two days ago and looking to short more prior to the next Fed meeting [Feb 1] which is going to be much, much more hawkish than people expect it to be – in my humble opinion.
I rated my comment as “fake news.”
Thank you for policing yourself.
Establishment elite ….. their sense of entitlement is breathtaking.
Yes, Trump’s sense of entitlement, and that of his super wealthy cabinet, is breathtaking indeed. Trump had made up plenty of fake news about HRC and Obama. But he pitches a fit when someone makes up fake news about him.
Obama doesn’t need any help being identified as a global elitist controlled Moslem commie POS!!!
The elites are the ones who have been running Washington while flying the rest of the country into the ground. I thought that was pretty clear.
“This all ties into my theory that the establishment elite are a cadre of incompetent shit posters, who’ve made their way through life cheating and extorting people for personal gain. These are not competent people — but idiots who were placed in power through nepotism.”
Yes, that describes Trump to a tee. Born with a silver spoon in his mouth. Doesn’t pay his contractors for the work they do for him.
Not Trump, but both GOP and DNC.
You can take McCain, stuff him inside Hillary then stuff both inside Obamnuts, to create Soro’s common people’s nightmare! Nuff sed!
I totally agree, they were leading us down a garden path to disaster.
“Cooperation only lasts as long as the status quo is unchanged.” – National Treasure
About a 15-degree-angle line for 3.5 hours on djia
Nas slightly shakier, Spy very clean 2.5 hour line
The writing here still casts an analogy on the index programming, (i.e. it’s as if machines run it) That’s fine but I called this out years ago only to be characterized as para noid. Couldn’t be any clearer how fake it is. (s&p 1750 started bubble collapse 9 yrs ago… s&p 2270 now…)
There is a loose cannon on deck aspect plus Trump seems ready and willing to hold grudges. Example the press conference yesterday. That said I think most will be heartedly impressed once the man gets some space to move.
Did you sell TDW?
Earlier today. It was in earlier post. It had a bankrupt look to it
@FLY – The war on Mother Market will be fought with me along side you in the battle. I’m not searching for God-like greatness but do intend to humiliate many-a-managers this year with a hearty tripple digit return.
Democracy and plutocracy are equivalent in Spengler’s argument. The “tragic comedy of the world-improvers and freedom-teachers” is that they are simply assisting money to be more effective. The principles of equality, natural rights, universal suffrage, and freedom of the press are all disguises for class war (the bourgeois against the aristocracy). Freedom, to Spengler, is a negative concept, simply entailing the repudiation of any tradition. In reality, freedom of the press requires money, and entails ownership, thus serving money at the end. Suffrage involves electioneering, in which the donations rule the day. The ideologies espoused by candidates, whether Socialism or Liberalism, are set in motion by, and ultimately serve, only money. “Free” press does not spread free opinion—it generates opinion.
Decline of the West by Oswald Spengler.
Those with open minds should read it. Parallel histories with civilizations of the ancients. Interesting. Stimulating. Could be BS but it beats reading Breitbart and Alex Jones.
Spengler admits that in his era money has already won, in the form of democracy. But in destroying the old elements of the Culture, it prepares the way for the rise of a new and overpowering figure: the Caesar. Before such a leader, money collapses, and in the Imperial Age the politics of money fades away
(Julius Caesar won Rome by winning the love and favor of the plebeian class as did your “god emperor”)
Plebs
The only real rights enumerated in the founding documents as being inviolate and granted by our Creator (therefore not subject to government approval or grant) are life, liberty and the pursuit of happiness.
All other “rights” are privileges the people give themselves under the Constitution and to which, they entrust the government to uphold and maintain.
In a representative republic such as ours, “we the people” define our other privileges. If the elected governing officials fail to uphold them, it is up to us to take matters into hand and deal with it accordingly. Preferably at the ballot box but the Constitution leaves room for open revolt against oppressive “rulers”.
We will see how the latest iteration of the people’s will turns out but the mood in this country is very very much anti establishment.
I’m a fan of Spengler. If you truly like him, you’d know HILLBOT and the DNC are exactly what he warned us about.
Note to Peaches: the commies and socialists have already declined! Extra Stalin and Hitler!
Don’t ask a guy who goes commando in running shorts for a spot on the bench. It’s a guaranteed death sentence to the person pressing. Look up, drop bar on neck.. dead.
gay
Totally! +1
Does Uranium Energy Corporation 10-Q concern anyone?
They drained almost 3M last quarter and are down to 4.3M in cash and cash equivalents.
The coming dilution aka life raft makes sense.
Anyone?
nerds tend to get trampled quickly by animal spirits. I remember everyone saying Amazon’s PE was “too high” 3 years ago. I doubt Fly is considering these vehicles as actual investments or maybe he is. Who knows
I guess you were too young to remember the year 2000!
2016, UEC incurred about $65,000 in administrative maintenance payed to Media Blender.
Additionally, UEC issued 88,822 shares valued at $91,488 for ‘future’ services of ‘Blender’.
The CEO of Blender Media is Arasb Adnani.
That’s Amir Adani’s, CEO of UEC’s brother.
To me, Sounds a little sketchy go be handing out $$$ for future service when your balance sheet is in the shitter.
I wish Fly would just trade the levered ETF model he did a few years back and kicked everyone to the curb with it until he stopped watching it.
If memory serves me correct it was a 100K to 1M run.
I will do that when Exodus goes OS.
The methodical grind higher didn’t have the usual spikes of short covering. Is that to come or is there none to be had?
https://www.washingtonpost.com/news/reliable-source/wp/2017/01/12/jeff-bezos-is-the-anonymous-buyer-of-the-biggest-house-in-washington/