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
18,966 Blog Posts

Reminder: Markets Don’t Go Down on Friday’s Anymore — FUCKERS

I woke up in a mood, not so dissimilar to how Dracula might’ve felt centuries ago, famished and zany like a zoo animal for fresh blood. I’m not interested in nourishing myself on blood — per se, only the brokerage accounts of my enemies.

Right now a good deal of you are reading this, smugly, intently, with malicious purpose — trying to take my coin. But you forgot one important, salient, thing: Markets no longer barrel lower on Fridays.

Oil is up — LOOK AT IT.

Gold is up — LOOK AT IT.

On the matter of gold, I’ll be getting my Peter Schiff on today — vaingloriously captivating an audience of plebs with mountainous gains in gold. This is going to be a monster trade. You’ll hear me talking about it more in the coming days and week — months to come.

Have you ever felt really bad about something, only to feel inexorably worse off after someone took the opportune to shit on your parade? I am such a shitter. I welcome myself to your indecorous parade.

HAPPY FRIDAY.

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One comment

  1. ferd

    Your genius on the oil trade escapes me. If markets continue to roll over, GUSH components will under-perform oil …and oil itself, having recovered a mere 25% of its recent swoon …well, perhaps a victorious rooftop post saying “look at it” is premature.

    Silver though, with a stop under yesterday’s low, is a buy/add.

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