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
22,041 Blog Posts

Moved to Cash; Switching to Defensive Posturing

Just before 10am I moved to 100% cash, based on recent Russian military maneuvers that suggests Putin’s forces are now in staging areas, very close to Ukraine, ready to invade. I am almost certain of two things.

1. Russia will attack Ukraine.
2. Markets will tumble on this news.

For me to ignore these core beliefs would be incredibly foolish. The issue at hand is timing and the ground peaks frozen in the Ukraine around mid-March. Russia also doesn’t want to keep all of those troops idle for too long, otherwise morale drops.

Today we have Macron in Moscow with an idea or two and then later on this week, perhaps Thursday, the UK will send their little people to discuss matters with Putin and then I suspect that’s it. The best case scenario is for the Ukraine to capitulate and cede to Russian demands, else they’re in for a lot of pain and misery. I don’t know why they thought inviting John McCain, Hunter Biden, and other American scum into their country would end well for them, even flirting with the idea of joining NATO. This is a ridiculous notion and now, sadly, the regular people of Ukraine will suffer because leadership got fat and greedy.

I have no doubt markets will drop on this news, so my posturing will include some energy longs, market shorts, and perhaps a blend of military stocks and staples.

NOTE: I am +165bps today, +3% for the month.

More later.

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5 comments

  1. purdy

    Cancers like Nuland and McCain weren’t invited, they were placed there by their handlers. As for Hunter, maybe ole Joe didn’t go for Epstein’s teenagers so Hunter’s “job” substituted for the usual honeypot op.

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  2. roguewave

    D-Day <= Closing Ceremony's Sunday Fed 20th

    Almost 2 weeks is a long time to keep trigger-happy, vodka-drunken teens jerking around in their tents.

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  3. purdy

    Gas and oil (and Gazprom and Lukoil) aren’t, as yet predicting military action???

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  4. bambam

    Hope so… drop hard.. shake out the last of the weak hands.. establish a real bottom and leg up from there

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  5. flea

    It appears you have lost it, Fly.

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