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
19,218 Blog Posts

Gold Moonlighters Get Off Here — Hardened Men Stay Long For the Games to Come

This was the level I was concerned about — the potential head and shoulders top — ransacking and cold hand slapping longs across the face with stinging anger. This is where you sell — if you were just in it for a few laughs and some money.

Hard money assclowns remain long for the games to come — the eventual dollar disintegration and the evaporation of your neighbors net worth under mountains of Federal debt.

What am I going to do?

Unsure. Haven’t made up my mind yet. The quick and easy money has been made.

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4 comments

  1. edge

    The big question is “will the world-wide deflationary vortex be broken?”
    That will determine trading direction for years to come.

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  2. teslawasright

    Tough call on gold. It’s like when are they going to unscrew the cap and let the fizz out.

    Don’t want to get caught out of the position when they let it go +50…+100 like back in the day

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    • edge

      Fear drives gold. It would appear that there will be sufficient fear.
      Gold is always dicey b/c it’s basically useless.

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  3. bronze28

    AG; FIRST MAJESTIC SILVER;

    looks great for a current breakout

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