Best Of The Best Share Discussion Threads

[praipus] 23/1/2011 13:12

This seems to be the US equivalent of RNS it has some mentions of a Jim Rogers and a James Rogers but I cant tell if any are the same as the Jim Rogers!

[traderabc] 23/1/2011 12:48

Peter Schiff Video Blog - January 21, 2011

[traderabc] 23/1/2011 11:54

Are you aware of or do your track Jim's holdings?


Praipus
I wasn't aware that information was public. The commodities in his raw material fund NYSE RJA are known, the weightings do change occasionally and are made public.
However I've never come across any info regarding his share holdings, in the many interviews I've posted here he hardly ever names a specific company. I don't think 'allowed' to be specific about individual stocks as I've heard him skirt around those sort of questions when asked.

I know several years ago he was holding AEP but have no idea if that is the still the case. Thanks for the link Praipus. I'll defiantly be checking out your thread as it is always interesting to see what the big players are up to.

[praipus] 22/1/2011 18:10

Hi Traderabc, I understand Jim Rogers started the Quantum Fund with George Soros. I've been tracking various fund managers holdings on the thread "Tracking the Arbitrageurs" and have just begun tracking Soros's too. Thought you might be interested.



Are you aware of or do your track Jim's holdings?

[049balt] 21/1/2011 17:55

2011

Agricultural Forecasts: Key highlights from Macquarie latest agri-commodity price forecasts – "We believe 2011 will be a year of high prices in the agricultural and food sector."

"Since the last update in October 2010 (Agricultural Forecasts: Weather anomalies slashing the supply buffer), we have further upgraded our price forecasts. Prices have moved sharply higher in the last three months, as continued adverse weather events owing to a strong La Niña have hampered crop prospects. In the face of stubbornly resilient demand growth, this has led to a tightening of inventories. With new supplies from the northern hemisphere producers not due until the third quarter of 2011, prices will have to rise further to ration demand in the interim period."

• Corn and coffee are our top bullish calls. We have been very upbeat on corn over the last six months and continue to expect price increases as the market works to ration usage and draw more acreage into production. Coffee prices will surge higher as inelastic demand, coupled with Brazil's "off-year" plunges the global coffee market further into deficit. We are also bullish soybeans as the US market risks drawing down to the tightest stocks/use ratio level seen since the 1970s. Cotton and wheat prices should remain elevated for the bulk of the year, as the need to ration demand, coupled with risks over the 2011 growing season will keep markets tight at least until the northern hemisphere harvest is completed by Q3 2011. Low stocks, and strong import demand will keep sugar in deficit in early 2011, supporting prices higher. But new Brazil supplies from May onwards should provide relief. Finally, we remain neutral for cocoa due to a slight surplus, despite political unrest in the Ivory Coast.

• All of these commodities, in some form or the other, form the basis for staple foods around the world. The multiplier effects of rising prices in these commodities are widespread; they feed into the livestock sector, risking pushing prices higher for meat or dairy. They also make substitute commodities such as rice, competing crops or other oilseeds more bullish – both on the supply side, as they battle for acreage to expand production – and on the demand side, by switching to alternative food/feed options.

• The high price scenario is reminiscent of 2007/08, the last time the world experienced "agflation". The fear of food price inflation risks triggering reactions from governments that echo events of three years ago, such as importing more than necessary in order to build domestic stockpiles, imposing export restrictions to secure more supplies internally, and subsidising foodstuffs for the people. The immediate consequence of these intervention measures is typically to tighten world supplies even further, thus triggering further price increases. This is an upside risk that could push prices even higher than what we currently forecast.

• With the agri-commodities' stock buffer much leaner than it was a year ago, there is little room for error, and a continuation of adverse weather hampering any production recovery would cause prices to surge further to the upside. Finally, greater "risk-on" inflows of investor money – be it due to a weaker US dollar or inflationary expectations – would also see agri prices become more inflated than currently stated in our base case.

Ends --

[049balt] 21/1/2011 17:53

10.Cotton, Wheat Surge as `Return of Agflation' Outpaces Metals: Chart of Day

Cotton and wheat are leading agriculture product price gains this year and outpacing metals as frost in China, floods in Australia, rains in India and dry weather in Brazil hamper crop prospects. The CHART OF THE DAY shows the Standard & Poor´s GSCI index of agriculture commodities lagged behind metals last year. Cotton more than doubled and wheat futures climbed 47 percent in 2010 while silver jumped 83 percent and gold rose 30 percent. "We believe 2011 will be a year of high prices in the agricultural and food sector," Kona Haque, an analyst at Macquarie Group Ltd. in London, wrote in a Jan. 19 report called "The Return of Agflation.´ "The high price scenario is reminiscent of 2007-08, the last time the world experienced agflation." The Standard & Poor´s GSCI Agriculture Index of eight futures jumped 44 percent last year. The increase was the most since 2007, when rising prices spurred riots in Niger, Guinea, Burkina Faso and Yemen, according to the Food and Agriculture Organization.

[traderabc] 21/1/2011 15:45

Jim shocks 'Justin' with his forecast.

Friday, January 21, 2011
Jim Rogers warns that Oil prices may be heading for $200 per barrel

[traderabc] 21/1/2011 09:19

[KR114] Keiser Report – Corrupt Kleptocracy
January 21st, 2011 by stacyherbert

We interview David Malone.

[traderabc] 20/1/2011 16:38

Eaine Brown interviewed at min 30, note by 'interview' I mean torn apart.


Peter Schiff Radio Jan. 13-18th

[traderabc] 20/1/2011 15:45

China

Richard Russell snippet
Dow Theory Letters
Jan 20, 2011

January 18, 2011 -- Does anyone know what China really wants and in which direction China is going?

The Russell answer, : China wants to be the most powerful financial power on the planet. Note that I said China wants to be a "financial power," not a military power. Militarily, China simply wants to neutralize the US, and be on a military level with the US. China knows that nobody can win the next major war between super-powers (both sides would be utterly destroyed).

[traderabc] 20/1/2011 13:53

China's Inflation Problem Looms Large
Submitted by Peter D Schiff on Wed, 19 Jan 2011

The global economy has become so unbalanced that even government ministers who would normally have trouble explaining supply or demand clearly recognize that something has to give. To a very large extent the distortions are caused by China's long-standing policy of pegging its currency, the yuan, to the U.S. dollar. But as China's economy gains strength, and the American economy weakens, the cost and difficulty of maintaining the peg become ever greater, and eventually outweigh the benefits that the policy supposedly delivers to China. In the first few weeks of 2011 fresh evidence has arisen that shows just how difficult it has become for Beijing.

[traderabc] 20/1/2011 11:53

Bad news..


14 January 2011 Last updated at 14:40

JP Morgan reports 47% profit jump



JP Morgan did not make a loss even during the depths of the financial crisis

JP Morgan Chase has reported a jump in fourth-quarter net income, as it set aside less money to cover potential losses on bad loans.

Profit in the last three months of 2010 came in at $4.8bn (£3bn), marking a rise of 47% on a year earlier. Revenue increased 6% to $26.7bn.

For the full-year, the bank made a record profit of $17.4bn, ahead of analysts' forecasts of $16.7bn.

[traderabc] 20/1/2011 11:40

Good news...



Goldman's Horrible Week: A Bungled Deal, Angry Clients, Ugly Earnings, And A Sliding Stock

[traderabc] 20/1/2011 11:20

Gold: Correction or Consolidation?

Stewart Thomson

Jan 18, 2011

1. "...Some governments will topple...." –Jim Rogers, referring to the effects of coming rising food prices. Jan 14, 2011.

[traderabc] 20/1/2011 11:16

Gold standard now supported by Alan Greenspan the person who help destroy USD

[traderabc] 18/1/2011 23:21

Keiser Report: Insane Insanity! (E113)

[traderabc] 18/1/2011 20:16

TUESDAY, JANUARY 18, 2011
Jim Rogers : many emerging markets have been over exploited
Jim Rogers :".....Well, I do not own shares in many places any more, including emerging markets. Most emerging markets got terribly over exploited. My way to participate what is going on is to own commodities because if the world economy gets better, commodities will do very well because of the shortages. If the world economy does not get better, I still want to own commodities because the government is going to print more money. It is a wrong thing to do printing money, but that is all they know. So whenever they print money, it is good for real assets. So either way, I would rather own commodities than shares because I do not know what is going to happen to the world economy and I do know many emerging markets have been very-very over exploited. ..."
via www.economictimes.indiatimes.com

[traderabc] 18/1/2011 20:13

Successful financiers and bankers? That's funny, in my High street, they had to go begging to the politicians to arrange a bail out at the taxpayers expense.
The question ought to be who to loathe more for the bankruptcy of our nation?
The suicide bankers, both central & international, or the treasonous politicians who sold us out to them?

A Both.



Jim Rogers: Easy to blame the Chinese for America's problems

[traderabc] 17/1/2011 15:12

Food Riots 2011



The Economic Collapse
Jan 17, 2011

The stunningly violent food riots in Tunisia and Algeria show just how quickly things can change. Just a few months ago, these two northern Africa nations were considered to be very stable, very peaceful and without any major problems. But now protesters are openly squaring off with police in the streets. Many of the protesters are throwing "fire bombs" or are shooting fireworks at the authorities, and the police are responding with a tremendous amount of violence themselves. In Algeria, several protesters have been killed by police and several others have actually set themselves on fire to protest the economic conditions. In Tunisia, more than 100 people have been killed and the president of that country actually had to flee for his life. But on a global scale, food shortages have not even gotten that bad yet. Yes, food prices are starting to go up and food supplies are a little bit tighter right now, but much worse times than these are coming. So what in the world are the cities of the world going to look like when we have a very serious food shortage?

[049balt] 16/1/2011 18:23

Trader, very interesting but I do not agree with Schiff when he blames rising food prices on the money printing/falling dollar of western Goverments, we really do have shortages of all farm produce, prices have been kept low because farmers have been paid to sell milk and beef at a loss, and the public have got used to CHEAP FOOD for the last two decades, now that we have real demand over and above supply prices will rise to a level where farmers will get paid a fair price and so in time production will increase to meet the demand.

That increase will be painfully slow because farming has been drained of its life blood by successive Governments.


FWIW I think that food still has some way to go yet, so get ready for the riots that will result from people having to pay a fair price for food, you just can not beat the markets, Western Governments will pay a heavy price for their CHEAP FOOD policy over the past decades, they forgot that the most basic human need is food and it is about to take off!!

[traderabc] 16/1/2011 16:44

Balt, farm land (in the UK) has been going up at a 45 degree angle for years, I expect this long term trend will continue for years if not decades to come.

In fact I think there is a case for farmland being one best performing assets this decade. Far safer and far less volatile then any commodity or stock.

You should like the last 10 mins of that Schiff thing on fox.

[049balt] 16/1/2011 16:20

Trader, even though Ireland is well and truly bankrupt the price of Agricultural has bottomed out and has even started to rise, a sign of what is just around the corner!! Will the next bubble be in farm land?