iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Ride the Worm, Plebs!

[youtube:http://www.youtube.com/watch?v=NrG4g6yNLJU&feature=related 450 300]

___________________________

“Catch the wave and you’re sittin’ on top of the world…”

Emperor Leto II,  Atreides

Yes, Pop was quite a surfer wasn’t he?   No matter, today’s walk back in nostalgia-land is brought to you by the good dwarves of Moria who remind you “There’s no better time than late August to stuff your goody bag full of shiny robot parts, preferably made out of pure gold and silver.”

As my dear friend and father of the Mentat, Johnz Hopkinz, M. Le Docteur Le Fly likes to say, “To every time there is a season, etcetera, etcetera, Peter Cetera.”

And this hear is the season, young plebs, to stock up on your favourite gold and silver plays.   Today, I banqued mass coinage on AGQ.   I plan to take that trip to at least $70, and moooah.

But the real play here is in the Jacksons of choice — the silver goddess, SLW, its slower little sister, PAAS, and the robust brotherhood of the three middie golds — ANV, EGO and IAG.

If you are of sound mind and body, you might want to spartaculate on even smaller stuff like GSS and BAA and EXK and RBY.   These are all considerations for the coming weeks and months.   Personally I try to own “one of everything” at least.

You never know when you will see extraordinary action out of such crazy outliers like VGZ.   This is why I try to keep an inventory.  If you haven’t the patience of the pocketbook, GDX for the bigs will do, and GDXJ for the smaller names.

Even the execrable TBT seemed to turn today.   I did not add, but then, I’ve got plenty, and I’m happy to support your bid by never selling.  Your welcome.

Be on the alert for my top calls tomorrow and going forward.   The Lord God Emperor has decreed a moratorium on bullsheet currency.   Only true money shall prevail from this point on.

Best to you all.

_____________________________________________

If you enjoy the content at iBankCoin, please follow us on Twitter

14 comments

  1. RC

    money ovah here.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Le Fly

    You are right. Sept is an excellent time of year fot gold. Check seasonality stats in ppt

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. CommonGardenSlug
    CommonGardenSlug

    Any ideas on silver’s strength? Odd to see it disconnected from gold in such a way.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • JakeGint

      I’ve been waiting for this disconnection for some time now. There’s only so long you can suppress a market.

      Not a big conspiracy theorist, but there’s been too much smoke in the commodity pits for there not to be a few licks of flame.

      __________

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  4. Mr. Cain Thaler

    This last round of posts have been works of art, really.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Rand

    Loved dune

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Rand

    And again it is the legend..

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Purdy

    This must be where we register for the Trekkie convention.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Jakegint

      You must replay that Kirk-dresses-as-a-Nazi episode over and over…

      Disappointing ending for you, no?

      _______________

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Purdy

        If memory serves, they ended-up killing the hate-filled, humorless propagandist. For me, a happy ending Jake G(oebbles).

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Jakegint

          No, I was talking about your boys the Nazi’s taking it in the ass…. again.

          Just like on the History Channel, which I imagine is banned in your hovel.

          _____

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  8. TR

    Feeding the trolls detracts from the financial content of this blog. Make a note.

    Looking at the 10 yr., it’s hard to get bullish on anything. Mish talks about some of the Levy outfit’s opinions. The Levy forecast referenced in Barrons a few years ago is still 100% relevant IMHO.

    • 0
    • 0
    • 0 Deem this to be "Fake News"