Friday, June 3, 2011

That Is All

Yeah, okay the longs (me) are getting smoked today. Sorry.

Not really.

The previous call below is now down. The easy thing to do if you know me is mea culpa: I'm wrong, get short, move on.

No.

QE 3-100 is inevitable. And yeah, maybe you take a beating for a month, but you do NOT want US cash.

That is the bubble. Repeat. The US Dollar is the bubble

Gold, always working, that's the old/new reserve currency.

I am reversing one trade below as I actually looked at the pricing and did the due diligence.

*Long Facebook at any price.

Everything else is as is, stay long, stay strong.

Uncle Ben will not let you down.

That is all.

Tuesday, May 24, 2011

Macro-Managed is the New Micro

Panic?

No way.

The only thing that pisses me off about losing all the epicfaileconomy posts is that I was on the record like 12 separate times telling you to buy stocks, or buy the dip, or buy the f--king dip.

That wasn't an easy call then, it's actually easier now...

This is the most managed tape I've ever seen, you get about a 5% correction then you need to start thinking about getting long again.

The US Dollar is going way, way lower, and that is something that still so many people are not getting.

Gold is great here. The margin hikes on Silver knocking it down 20% are a f--king gift. Buy as much Silver and as much Gold as you can.

If you can't stomach the corrections, stomach it.

You do not want US Dollars until we start selling assets like the Grand Canyon.

The dip. Buy it.

Here's a great pairs trade if you fear the crash: Long AAPL, short LNKD.
Here's another when available: Long Twitter, short Facebook.
Buy the silver miners here: First Majestic: AG.

Buy gold bullion, hold it forever.

Sunday, May 15, 2011

We're Back, Fuckerzz.

Well that worked out well...

Okay, so we've come full circle after a massive total meltdown fail @ epicfaileconomy.

Long story short: we pulled a piece of code out and the site went into an infinite loop of death. After months, several attempts at recovery with the Godaddy people, and then flat out quitting, we just this Friday were able to recover it, and now have a simple landing page there.

We are not fucking with it. Because the problems seen to recur when we revert to the old template and actually start blogging.

Several other reasons have brought us back here to the yogatrader @ blogspot:

1) Yogatrader is an awesome name. And this site still has decent Google ranking even after a prolonged absence.

2) The term "epic" is so over-used at this point that epic is no longer epic. We'd need to start a new site called colossal-epic-mess-disaster-fail-economy.

3) The whole "Living is Failing" meme is now so obvious that we'd rather not beat a dead horse/ human.

4) We want to keep it positive, the epicfail was cathartic and necessary. We believe we were part of an army of truthy-tellers that kind of won the war. Matt Taibbi, Zerohedge and Al Jazeera now have more credibility than the MSM. This was not the case just a few years ago.

MISSION ACCOMPLISHED!!

Not really.

Nothing has changed at the top and likely it never will, but something huge is obviously happening globally. That something is that nobody believes anything the MSM or the Corporatocracy/Gov't says anymore, and that is victory enough. That is a big shift since we started the Crusades here in 2007.

Mary Magdaline is the wife of Christ, mother to the Christ-daughter-child FYI (the original cover-up).

5) Finally, while we do not plan to post with the intensity we did at the Fail, there is still a need for non-insane financial advice and we will give it to you here.

Obviously, we enjoy the process as well, so we thank you for coming back.