Back on Track

Thanks to parabolic moves in precious metals, “The Fly” is back on track, ready to catapult dead bodies into the brokerage houses that trim the streets on Wall. I am buying more EXK, not because I “feel” it goes higher, but because I can. There is a distinct difference between a person, such as myself, and you. On one hand, welfare checks are doled out quarterly and food stamps are traded for cartons of cigarettes. On the other, there is brisk consumption of beluga caviar and 2 1/2 inch thick rib eyes, heavily salted, lightly peppered.

As gasoline presses higher, the prospects for a “rich man’s only” highway increases.

We’re all rappers now and money costs nothing. You can wear diamond necklaces around town and buy your wife hand sown Persian rugs, so that she may keep them in storage. As you well know, every household must have at least three Persian rugs in storage.

As it pertains to your investments: there is no need to get emotional about your trades. Keep a tight leash on your positions, limiting losses to no more than 10%. Try to avoid “idiot holes” by accumulating shares of strong stocks, as opposed to weak. And, trust that the Godly folks over at iBankCoin are better than you, in every way possible, because we are. It should not surprise you that I am writing this blog from the luxury of my space rocket, whilst “doing” MACH 10. Just as it does not surprise me that you are reading this post, whilst eating hamurders with cheese or other egregious foods that lead to diabetes, obesity and/or cardiac arrest.

At the end of the day, we are all judged by the things we posses, including health. Put the fucking milkshake down and get to work you stupid bastard.

Top picks: EXK, AG, PSLV, WNR and ALJ

I bought 5,000 EXK.

Spreads are up 10% this morning, breaking $34 with conviction. Every money manager who makes believe to know what he/she is doing will be positioning into the sector shortly. Multiples are very attractive and growth rates are best in class. All of the refiners fucked up with hedging in Q1. That will not happen in Q2.

Get that hard on, boner money, and circle jerk your way to prosperity (NO HOMO).

[youtube:http://www.youtube.com/watch?v=zdqCk_K-1y4 616 500]

Pardon last weeks lapse in testicular fortitude, when I complained about my losses and how thesis trading was old hat. As a point in fact, my thesis is working rather nicely these days, as I close out another +4% day. My gains, mind you, are so mind boggling, so stupendous, Mrs. Fly has taken it upon herself to gut my entire house, just for pure novelty.

Silver and crude are bananas to the upside. Refinery related stocks have broken the fuck out and are now shitting on the bears who sell them.

Ladies and gentlemen: you held your positions, during great distress, for days like this.

During the day, I kicked out VCLK and started new positions in both CLH and TER.

On a separate note, my WNR is bigger than yours.

NOTE: The PPT nailed the OVERBOUGHT call on ZSL, yet again. Make that 11 out of 12.

I bought 5,000 CLH.

321 cracks are now up 8% to 5 year highs, above $31. This shit is getting so egregious, so magnanimous, the clerk at my local gas station is doing lines of blow off his cash register.

If you are a human being in need of money, it is imperative that you consider long positions in one of the following, if not all: WNR, CVI, ALJ, HOC, VLO, CLMT, TSO.

In layman’s terms, it’s BONER TIME for WNR shareholders.

I started a new position in TER and added to WNR.

If you buy the above stocks because of this post, your penis will fall off. And, you may lose money.

I sold out of VCLK.

What if the recent decline in silver was nothing more than a pit stop to higher prices? As most got bitched out of the metal, those with the testicles to step in last week are minting money today. Shares of EXK, AG, PSLV, AGQ etc are sprinting higher. If the stated policy of the Fed is to devalue the dollar and if the euro is retarded, where the fuck will people put their money?

Precious metals seems to be a better than average place to put money.

Having said that, I’m not a gold bug and I generally spit on those who want to buy things with gold bricks. I like paper money because it folds nicely into my wallet. Plus I enjoy folding my money to conform with illuminati conspiracy theories.

Back to stocks:

Refiners and precious metals. That’s all I care about right now.

Big news this morning out of WNR, as the company relays information to be in talks to sell their refinery at Yorktown. This is exactly what I’ve been waiting for, with regards to impaling the WNR shorts. A sale would equate a thermal nuclear device going off in their pants (no homo).

As an aside, I am making a large fortune in silver because all of you were too stupid to buy last week or liquidated into the frenzy. I’ve been doing this shit a long time and I have a steady head for this shit. It’s not for everyone and most of you should cease and desist from devaluing your family assets at once.

I like beaten down commodities here, especially refiners: WNR, ALJ and HOC.

My silver holdings include EXK, AG and PSLV.