Sir —
If I am disintegrated tonight amidst Russian mushroom clouds of joy, I’d like to tell you its been an honor coming here blogging like the wind all these days. We have been through a lot and I am sooooooo happy to have quit my 7 fig money management gig in favor of this — an ad-less site sparsely visited, software platform filled with degenerates. This is the life.
As we heave and ebb towards perdition, I have given you everything I have. Whether that’s of value to you is subjective and my style isn’t for everyone, especially day trader Fly with an attention span of 10 mins. However, I would like to highlight a salient point in all this geopolitical melodrama, we are entirely, as a nation, to blame. No sense is beating ourselves up about it now as we will soon be forced into allegiance and observant of the weaklings who’ve gotten us here and placed in a position of serfdom — ancient rituals for ancient folks. The game is always the same and I apologize for being cryptic — but I like my bank and I want to keep it.
I closed the session +100bps, off from the highs but still solid. I am short banks, long volatility, long oils, gold and even 1 biotech with 38% cash reserves.
Now I must admit to you I am a bit of a pessimist. It’s something I picked up young, a defense mechanism that keeps me from being let down and disappointed. But at the same time, I can honestly tell you beneath all of the hubris and the shit-talking and inappropriate behavior, I am incredibly empathetic and must tell you I do not want to see people die. War is a horrible business and I hope I am wrong about reading the tea leaves and I hope I lose money on my positioning if it means people didn’t have to die in combat.
Alas, this is the nature of man — the evolutionary spirit that binds us to violence and forces us to resolve differences through kinetic means.
Tomorrow is Friday so of course we are already facing a steep hill to climb. The only news that could be viewed as positive tonight is an acceptance between Russia and the US to a summit, to discuss the recent events over a nice cold bowl of borscht.
If you enjoy the content at iBankCoin, please follow us on Twitter
Post a picture of yourself. I”ve been reading this site well over 10 years and have always wondered what you look like.
This picture of Fly has been circulating for a while now. He looks exactly like you’d expect.
https://researchmatters.in/sites/default/files/flies.jpg
Too much…hair…errrmmm…whateverdafuq flys have
“If I am disintegrated tonight amidst Russian mushroom clouds of joy..”
..and so the bard concluded his epic.
The Ukraine situation explained: Cutting to the chase – Ukraine is just a pawn and it has little to do with the real issue, but their country may be destroyed.
The US does not want cooperation / trade between Germany and Russia. i.e. the Nordstream pipelines must be stopped at all costs. If Germany & Russia work together it’s bad for the US standing in Europe, the petrodollar, the reserve currency.
starts at 16:40 https://www.corbettreport.com/nwnw20220217/
the article has even more detail
http://www.ronpaulinstitute.org/archives/featured-articles/2022/february/15/the-crisis-in-ukraine-is-not-about-ukraine-its-about-germany/
Hate to say I told you so but….
Trump was right when he accused Hillary of spying
Trump was right the way he handled foreign affairs
Trump was right about the economy
Trump was right about the media
Trump was right about Brandon and Hunter.
Trump is not a politician, does not speak well, is NOT politically correct, but Trump was RIGHT.
Geeez. Why must people glom onto Asshole A just because Asshole B is an asshole?
Paul/Gabbard 2024.
Nice to see a little humanitarianism on your part Mr. Fly even if it’s phony. Sad to see you’re buying into the histrionic and transparent “war hype.”
Truth is, America doesn’t really cares about Ukraine even if Putin becomes the new boss (which I consider ~ .0001 probability). It’s all “mine is bigger than yours” machismo BS.
Once this blows over, and it will, the market will resume its downward trend and we can get back to the real business of whether Andrew really raped a minor (hint: he did).
Godspeed, Mr. Fly. If you are ever in what used to be San Diego, find this pig amidst the ashen rubble.
Brilliant piece you’ve written here Mr Fly
but just chill, there is no war about to breakout. Pop some Henney and enjoy the show
Shifted some of my holdings of gold diggers from Canada to S Africa. I had avoided S Africa because I had mistakenly perceived them to be less stable and less insane than Canada.
*more