Best Of The Best Share Discussion Threads

[traderabc] 19/12/2010 13:12

On the Edge with Max Keiser – Latest on Global Finance

[dnfa1975] 19/12/2010 12:09

Is there a business left?

[traderabc] 19/12/2010 11:34

mp3 Interview, Puplava talking a lot of sense, this guy called it correctly over a decade ago, there's no reason for him being wrong now.



On the Record: John Loeffler interviews Jim Puplava

[traderabc] 19/12/2010 09:42

FED'S DEAD BABY!

[cancun tango] 18/12/2010 18:34

Careful,
NS&I have withdrawn index linked bonds in the UK within the last few months.

[049balt] 18/12/2010 18:29

The cover story on the Irish Farmers Journal this week speaks of the severe shortage of beef right across Europe and the result is that farm gate prices are soaring!, we have reached a tipping point where demand will not be met. It is music to my ears..

[careful] 18/12/2010 13:14

if inflation is such a threat, as some gold bugs think,
why are indexed linked treasury bonds in the usa and here rated so lowly.
the prices assume a low rate of inflation going forward.

[traderabc] 18/12/2010 13:02

Bankrupt Britain becoming more like America by the day.



18 December 2010 Last updated at 02:48

Job centres to give food vouchers to unemployed
By Mario Cacciottolo
BBC News



Job centres around Britain are to give food vouchers to people experiencing severe financial hardship.

The vouchers, which can be redeemed at foodbanks run by the Trussell Trust charity, will be handed out by staff at Jobcentre Plus (JCP) branches.

One voucher can be exchanged for three days' worth of food.

[traderabc] 18/12/2010 12:44

John Williams: Hyperinflation Will Start in the Next Couple Months

[traderabc] 18/12/2010 12:42

I Am Not Interested In The British Pound At All. It's Got A Terrible Fundamental Situation
"The pound? No, no, I wouldn't buy the pound with your money. No, no, no, I am not interested in the pound at all. It's got a terrible, terrible fundamental situation just as we do in the U.S. I do own the U.S. dollar, but the pound I am avoiding. That's what I said; all the ones I don't own are the ones I would avoid."

Jim Rogers

[traderabc] 18/12/2010 12:41

The Dollar Threads a Needle
Submitted by Peter D Schiff on Thu, 16 Dec 2010

Pre-holiday cheer is certainly evident in the financial markets. The overwhelming consensus is that the Congressional agreement to not raise taxes while extending hundreds of billions in new stimulus will finally allow the recovery to take hold. The good feelings are underscored by less-than-awful employment reports and modest slowdowns in foreclosures. Another point of optimism is the continued buoyancy of the US dollar, which has weakened over the past few months, but has not collapsed.

However, I believe the dollar's survival remains tenuous and highly dependent on factors outside of the control of US policymakers. As I see it, the dollar is caught between four major forces: American debt levels, weakness of the euro, underlying strength of the yuan and, lastly, threats to its privileged international reserve status.

[traderabc] 18/12/2010 12:40

For Whom the Bell Tolls
Submitted by Peter D Schiff on Fri, 17 Dec 2010

There is an old adage on Wall Street: no one rings a bell to signal a market top or bottom. Yet, I have found that bells do ring; it's just that few people know exactly what sound to listen for.

Perhaps the biggest and most liquid of all markets is for US government bonds. That market has been rallying for almost thirty years. The bull can be traced back to 1981, when Treasury bond yields peaked at about 15%. At that time, high inflation and a weakening dollar had justifiably squelched demand for Treasuries. Even the ultra-high interest rates were not enough to attract buyers.

But this was also when the proverbial bell was rung. Fed Chairman Paul Volcker had signaled, by jacking up interest rates so high, that he would stop at nothing to break the back of inflation. Volcker's iron will, and Reagan's unflinching support, restored demand for Treasuries for the next three decades.

[traderabc] 18/12/2010 12:31

Nigel Farage - Illegal bailouts and treaty change lead to referendums

[traderabc] 18/12/2010 12:31

Keiser Report: Markets! Finance! Bleeping Bankers!

[the bounty hunter] 18/12/2010 11:03

ctfc review - wants maximum exposure of 10% of any speculative position. It is rumoured that jpm/hsbc have 75% of shorts in the silver market. if they have to unwind/close these positions ... good night vienna

[the bounty hunter] 18/12/2010 10:58

some good posts and articles on agq thread from 10990 onwards

[traderabc] 16/12/2010 17:02

Cheers smudgeroo.




Dreams only last the night

Richard Russell snippet
Dow Theory Letters
Dec 16, 2010

December 15, 2010 -- Big bull markets are rare, particularly bull markets that span the years or even the decades. Such bull markets may arrive once or twice in a lifetime. If you're lucky enough or intuitive enough to spot one, you have the makings of a fortune.

It's extremely difficult to identify what could be a great and extended bull market. It's just as difficult to enter early in such a bull market and ride it all the way to somewhere near the top. But it can be done. My old mentor, the great George Schaefer, identified the beginning of the fabulous bull market of 1949 to 1966. George entered that bull market in June of 1949, the very month that it started, and he rode it, along with his subscribers, to somewhere near the 1966 top. George used every correction in that bull market as an opportunity to add to his portfolio, and he reinvested all incoming dividends. As a result, he made many of his subscribers wealthy beyond their wildest dreams.

Now we're witnessing another such primary bull market. This bull market in gold started around 1999 when gold was selling for 259 an ounce. I did my best at the time to push my subscribers into buying gold stocks (which, at the time, were selling at pitifully low prices) and into buying gold bullion. At no time since then have I ever suggested that we sell our gold items. Nor do I suggest that now.

Throughout history gold has moved to the strong, and that's still the case.

When World War II ended, the US literally "owned the world." We came out of the War undamaged and with the finest production and creative facilities on earth. But we got lazy and we forgot how to compete, and we forgot how to save. We had the best standard of living in the world, and we wanted even more of it; but we didn't want to pay for it. Instead we borrowed. But we had one fabulous advantage, with our Federal Reserve we could create our own money out of thin air, and it was money that the world respected and wanted, even though (after 1971) it had no intrinsic value. We built debts that were denominated in our own money, money that we created out of an accounting book. It was "magic money."

But economic magic, like the Houdini's magic, is built on an illusion. Our illusion was that our good life and great standard of living could go on forever -- without our ever paying for it. And the rest of the world went along with our dreams. But dreams only last the night.

Now we're moving into "pay-me-back" time; the bills must be paid. Yet our illusions continue. We think we can continue to maintain prosperity by creating more and more of our fiat money. We think we can buy our prosperity by printing ever-more money. But the world is ceasing to buy our illusion. The ironic fact is that only our own stock market is buying our illusion.

And as the dollar slides in international value, sophisticated investors and frightened central banks around the world are substituting their dollar reserves with a currency they can trust -- gold.

And as far as timing all of the above, it's probably around the middle of the story. The last quarter to a third of the story lies ahead. We've done it all with our magical, cost-us-nothing, money. BUT...

I've said all along that money that is made "legal" by fiat is illogical, it's immoral, it's a fantasy, it's counterfeit, and it's against the great Constitution of the United States. My advice; "Like rotten food, spit out the fiat money -- and go for the real intrinsic money -- gold."


Richard Russell

[smudgeroo] 16/12/2010 10:43

Hi traderabc,

Going back to your post regarding ftse sectors.

The following link may be of use to you.



You can also find basic charts for these sectors on melfaraj's board. It's a good reference if you are looking for quick glance charts.

[traderabc] 15/12/2010 22:26

Cheers tbh, I'll check it out.



The Age Of Ignorance Starring Peter Schiff, Gerald Celente and Jim Rogers (Plus Two Bimbos)

[the bounty hunter] 15/12/2010 21:39

good quality discussions on the fresnillo thread (fres) - particluarly the recent posts

[traderabc] 15/12/2010 21:37

WEDNESDAY, DECEMBER 15, 2010
Jim Rogers vs Jim Chanos on China
Legendary contrarian investor Jim Rogers, disagrees with Jim Chanos, founder and president of Kynikos Associates, who is shorting China saying the nation's economy is on the treadmill to hell.
Jim Rogers :"I think that the 21st century will be the century of China. I didn't move to China. I moved to Singapore for a variety of reasons namely because there's so much pollution in China, which by the way is going to be a great opportunity for somebody. The Chinese are spending huge amounts of money trying to clean up the pollution. But I didn't want to breathe all that bad air ... But, yes, I think there will continue to be fabulous opportunities in Asia." via www.thestreet.com

Video

[traderabc] 15/12/2010 20:05

George Soros Tells The Next Irish Government To Reject And Repudiate The Bailout Deal

WHOEVER TAKES POWER after the forthcoming general election has no option but to seek a renegotiation of the bailout deal with the EU and International Monetary Fund, according to international financier George Soros.

Read more:

[contrarian2investor] 15/12/2010 17:07

049balt,

I have noted your e-mail address and will contact you in the New Year.
Please delete your e-mail address now. Thanks.

c2i

[contrarian2investor] 14/12/2010 18:52

049balt,

What part of Ireland did you purchase your land?
Mainly around County Mayo and County Clare. c2i