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
19,771 Blog Posts

The Shit-Show is Over — Moving On

I sold NUGT today, which was an overnight trade from yesterday — for a quick 6.5% gain. If you annualize that return, you could in fact become the richest man in America inside this decade. No big deal. Just another day at the office.

I also blew out of my last two vestiges of SHIT-STOCKS: MNK for a 12.5% ding and CCO for a 4.5% profit. It was a nice sojourn into the depths of depravity — but now it’s over.

What’s not over is the move in gold. We could be, very well, in the beginning stages of a GORILLA APE run higher. Look for lower yields to confirm this narrative.

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3 comments

  1. spaceman

    You just made my day THANK YOU

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  2. juice

    why sell $NUGT if We could be, very well, in the beginning stages of a GORILLA APE run higher?

    Why not double-down or -up?

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