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
22,162 Blog Posts

DO NOT BE FOOLED BY PEACE; FAMINE LURKS IN THE FUTURE

NEWSFLASH:

UKRAINE SPRING PLANTING AREAS MAY SHRINK 50% FROM PLANNED: RTRS

On top of the shortage coming from Ukraine, Russia is now a pariah state and Europe cannot get any of their wheat or fertilizer. You might not see it now, given the market’s grandeur and ribald nature in today’s tape — but war is inevitable and with it famine.

Here in the states, we will be mostly immune to such pangs. But Africa, Europe and Asia face substantial headwinds and pardon me for reminding you but Russia is going to attack everyone very soon.

That being said, the NASDAQ is +255 and Russia doesn’t want to occupy Ukraine — just destroy it.

The easy to read trend has been to fade the move in tech and redoubled one’s efforts into the commodity space. After a long rich day of trading successfully in tech, this is exactly what I intend to do by the close.

If you’re curious about my day — here is my ledger so far — all available to members of Stocklabs.

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2 comments

  1. juice

    And word is Ukraine is on the menu for Vulture states Poland and Hungary. They want a couple sections of Ukraine for themselves.

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  2. bambam

    Quick buy as much ASAN at market price as you can!

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