iBankCoin
Joined Apr 19, 2009
721 Blog Posts

From My Cold, Dead Hands

 

[youtube:http://www.youtube.com/user/LearnLiberty?v=KGPa5Ob-5Ps&feature=pyv&ad=7868481249&kw=capitalism%20freedom 450 300]

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That’s the only way you’ll pry my Skiffles from me, you Happy Days Are Here Again-singing termagents!

I got rid of one half of my TZA today, because I think we are oversold,  but will I dump my SKF in a similar manner?

I will not, as I believe lovely Skiffles is a longer term hold here.   Check the monthly to see what I believe we have in store for us in the coming months:

 

I believe we may bounce around a bit here, and $BKX may even get all the way back to it’s twelve month moving average in the $45 range.  More’s the better, I say,  as I’m still not even 50% invested in Skiffles, and this is going to be the death trade going forward, by the hammers of Thor and the jockstrap of Odin.

As you can see from this chart, I think a return to the lows is all but inevitable.  However, if you extrapolate the cascade in the similar fashion as the one that precipitated the 2009 lows… well, we’ve a ways to go.

Say it with me folks… extrapolate the cascade.   Extrapolate the cascade….. EXTRAPOLATE THE CASCADE!

(Okay, don’t shout it that loud, or your wife/girlfriend/mother will think you are having difficulties with the KitchenAid dishwasher.)

I have not sold any more gold and silver… yet.  As per my announcements in The PPT,  I did add another large dollop of AUQ at the close along with a Godzilla-sized addition (temporary, to be sure) to my XRA holdings.  I think there’s something going on there, although to be clear, I know not what.  Love that late-day pennant though.

My best to you all, as always.

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35 comments

  1. chessnwine

    READY FOR ANOTHER SEASON OF KEVIN GILBRIDE?!

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    • JakeGint

      God no.

      That idiot will never go run-heavy, no matter how many good RB’s we have and how much of a weak sister Eli is.

      Captain Kangaroo is my near-eternal curse. He makes me long for … gulp!… Ron Erhardt!

      _______________

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      • chessnwine

        He needs another punch to the face courtesy of Buddy Ryan.

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        • JakeGint

          Or perhaps one of his sons?

          Buddy lives about 15 miles east of town… out on his very own horse farm. Happier’n a pig in schist.

          Saw Rex and the boys at the airport after they had a visit out there last year.

          ________________

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          • alf44

            Buddy about to undergo cancer treatment !!!

            Rob & Rex about to go head to head this weekend !!!

            GO ROB !!!

            HOW ‘BOUT DEM BOYZ !!!

            .

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            • alf44

              .

              Dez gonna invade and occupy “Revis Island” !!!

              .

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              • JakeGint

                Holy shit, do not tell me you are a Crackboy fan on top of all your other interminable annoyances?

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                • alf44

                  Your … ah hem … “avatar” is fuckin’ …

                  Lawrence Taylor … you jackass !!!

                  THE BIGGEST DRUG ADDICT … THE NFL HAS EVER SEEN !!!

                  BTW … isn’t your “hero” in jail now for soliciting sex with a minor ???

                  I’m sure you must be very proud !!!

                  NICE AVATAR, btw !!! ROFL

                  .

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              • pistilstamen

                Yawwwn…don’t you Cowboy fans say the same thing every September? I guess 1 playoff win in the last 15 years will give you that undeniable swagger.

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                • JakeGint

                  Douchebage Crackboy fans, they are all the same.

                  They are like Yankee fans, except without the justification for the “Yankee pride.”

                  And no Lawrence Taylor didn’t get any jail time for being set up by that sweet thang and her pimp.

                  That’s how he rolls, “free and clear.”

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                  • alf44

                    The Cowboys been to the Superbowl 8 times !!!

                    Won it 5 times !!!

                    By my count that’s more Superbowl wins than the Giants and the Jets … COMBINED !

                    .

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                    • JakeGint

                      What have you done for me lately, Crackheads?

                      The Giants only recently won The Greatest Superbowl Ever Played

                      You think you can beat taking out the 18-0 Pats with Tony Homo and some braided RB’s?

                      LOL.

                      __________________

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      • pistilstamen

        Hah, Erhardt will run the ball…hell, his offense turned Barry Foster into an All-Pro.

        Granted his wheels also fell off after the 6000 carries he logged that year, but it was one hell of a season!

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        • JakeGint

          Erhardt’s offense got us two Superbowl trophies… I’m certainly not going to knock it…

          Though I did for years as a teenager, lol!

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  2. JakeGint

    I must admit, I have Dez Bryant on my FF team.

    (Nicks was taken right before him)

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  3. norcal

    Why do you prefer Skiffies over the FAZ-mobile? Too much horsepower?

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  4. MOTV8

    Long FAZ since 9/1, ty Senator.

    The twisted part is trying to figure out what the first domino to fall will be…Greece? BAC? Soc Gen?

    And did you see SODA? Reminded me of IPSU chart.

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  5. Yogi and Boo Boo

    Is there some sort of Blue Blazer virus making the rounds?

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  6. Frog Playing a Colorful Accordion Song for Bernanke
    Frog Playing a Colorful Accordion Song for Bernanke

    This Jeff Miron guy in the video makes some very good points. I almost didn’t watch it because I expected he would be just another crony capitalist, in favor of bailing out all his friends. But he presents a well thought out interpretation of modern day events, within the context of the original (not crony) version of capitalism.

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    • JakeGint

      That’s what I’ve been trying to tell you for years now.

      Big Business does not like Capitalism… Big Biz likes Regulatory power in Congressional and Executive hands, to build barriers to entry and quash innovative competition.

      The foundations of fascism!

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  7. duck

    JP Morgan note on euro bank issues – explained with legos.

    http://reut.rs/rtwHfg

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  8. duck

    used sell off to add to SKF. Now at 50% of holding goal

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  9. South of the Mason-Dixon
    South of the Mason-Dixon

    I effing hate this market. I can’t buy with conviction and to sell is to lose money. The market craters on Monday and turnarounds on Tuesday. Traders must be loving the action. As an investor my portfolio has gotten no traction.

    I’m too afraid to buy into the death of Europe yet I’m too afraid not to because the U.S. will absolutely not let the market go down.

    This leads me to making horrible decisions. With the government involvement in the markets there doesn’t seem to be a reasonable investment. How do you invest knowing that Europe is going to implode? How do you invest knowing that the U.S. is on the same path? Trillions of dollars of debt. Welfare programs. Entitlements. Big government expansion. Nothing is sustainable but the band plays on.

    The market chatter drives me insane. Too much cheer-leading on the way up and too much depression on the way down.

    Gold pisses me off. I suppose it could go to $2-3K but why do I want that stuff? For safety? What does that even mean? So I buy a block of gold at $1800 to “save” my purchasing power. How does that help when it goes back down to $1500? Is it really worth the aggravation for a ride to $2100? If gold is the currency of last resort and we get to that point I can tell you right now I’d rather have bullets and food.

    Seems like the best investment in the world is gold stocks. How can companies not be printing money? I have about a third of my portfolio in gold and silver stocks. Painful shit indeed.

    I simply do not know how to make money right now with my portfolios. I’m easily scared to be in the market and just as easily scared to be out.

    SKF is killing my ass today. Been holding some since early Aug. yay

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    • JakeGint

      You just need to look over the hedges (the green topiaries, not the stock ones).

      What do you see? Blue sky ahead?

      That’s why I posted the monthly on the $BKX.

      Perspective helps.

      ________

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      • South of the Mason-Dixon
        South of the Mason-Dixon

        You’re right.

        Though all I see is a storm and confusion

        For instance, the current headlines on CNBC seem worthless. No one knows what the heck is going on.

        “US Economy Is Basically ‘Still In Recession’: Fed’s Evans” – oh shit!

        “We’ve Seen 2011 Lows: Options Pro” – excellent news!

        “Stocks Soar as Italy and Greece Act on Austerity” – seriously, we’re happy it’s come to this?

        “George Soros Says This Crisis Is Worse Than Lehman’s” – guess homeboy is short now

        “BofA Price Target Is $14 (!): Sandler O’Neill’s Harte” – well that’s good…except for skiffles

        For every reason to place a bet that things will improve I can find an equal amount to say it won’t.

        I don’t want to be left behind if Obamananke inflates the market but I also don’t want to be holding on as we revisit ’08.

        No, I’m just not good at this.

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  10. JakeGint

    XRA is taking of again, btw.

    ______

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  11. EXK challenged

    Thoughts on the Ravens and EXK, please?

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  12. xxxHuggieBearxxx

    Well Senator, I would vote for Huntsman if these radicals would only nominate him….

    but they won’t.

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