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
23,428 Blog Posts

In Your Lifetime, the Dollar Will Collapse

I am still on vacation and have only taken a break to book 3 losses, making it a grande total of SIX LOSING TRADES IN A ROW. No big deal however when you’re the man with the BIG DICKED gains and endless streams of creativity to get it all back and more.

I just wanted to take the time out of my day to remind you THE DOLLAR IS GOING TO COLLAPSE IN YOUR LIFETIMES and all of your savings will be reduced to ash. Your 401ks rendered useless and America as you know it gone, like a whisper in the wind.

The days of dollar supremacy are coming to a fast end and with it your freedoms. But before that happens, we will have great rallies and everyone will enjoy the splendor of post modernist America, TRANSVESTITE EDITION.

What else can I say, other than to stockpile into gold and cryptos. To me, there is no better place than ETH. Gold is good too and serves as an excellent store of value; but the upside lies in areas beyond the control of the FUCKERS who rule us.

Back to sliding down mountains.

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27 comments

  1. Mr. Cain Thaler
    Mr. Cain Thaler

    Fiscal conservatives boiling over, combating the stimulus bill. I warned you all of this months ago.

    GOP can break ranks but then they’re at mercy of Dems. More likely, fiscal cons grab them by the balls and they reform ranks but around a vastly scaled back final bill.

    The market will not be happy.

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    • purdy

      -Is there a plan?
      -When do they want the reset to occur?
      -Who do they want to install in November? …do they care? ..this impacts the amount and timing of more fiat candy
      – Is there a they? ..or just a bunch of sociopathetic vote-buying whores winging it?

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      • Mr. Cain Thaler

        There’s no they. Just a bunch of people doing shit. But it’s predictable over short periods.

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    • discoordinated

      I heard a ton of credit card lines got nixed today but I haven’t been able to find any solid details.

      Makes me feel like the banks expect at least one more deflationary hot box before a dollar collapse. We will see.

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  2. rickyretardo

    Low P/E stocks like PCG seem like it would hold its value over the dollar. Unless were talking complete collapse and no one can pay their power bill but that just seems like a complete shit vortex and we have bigger problems to deal with than money. Anyone have thoughts on other wealth sustaining equities that would be a better or equal choice to crypto, gold miners or gold?

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    • rickyretardo

      PS I’m long Tezos, I believe its a better infrastructure as a proof of stake system and rewards holders.

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    • soupbone

      miners are the worst of equities.

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  3. tradercaddy

    Better happen fast.
    I don’t have that much lifetime left.
    P.S. Watch out for the Floridiots driving on the mountain roads. They aren’t used to altitude.

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  4. flea

    Fly … it’s 2:00 PM EDT and your Friday thesis is at risk.

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  5. flea

    Except for one f’ing thing: IT’S THURSDAY! Doh!

    • 1
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    • ha

      Don’t sweat it. It’s hard to figure out what day it is, in the land of the caged; home of the cowering

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  6. alty

    Thank goodness your 401k is sitting in cash dollars then?

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    • discoordinated

      you don’t seem very busy.

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      • alty

        The post reads a little hypocritical. This is my 2nd comment in weeks.

        Were you not busy in late March when your more frequent comments coincided with the market bottom?

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  7. edge

    Fiat still rules. When it crashes civilization as we know it will be replaced by something that really really sucks so just kill me.

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    • ha

      The “they” Purdy referred to will have a tough time eliminating cash from grubby trigger-happy American hands, The dirty virus-laden narrative isn’t flying.

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  8. ha

    iBC has the best pics of any site, bar none!

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  9. heckler

    Fly learns to trade crypto on his vacays and delights in what he sees!!

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