Best Of The Best Share Discussion Threads

[traderabc] 25/3/2011 21:29

The Treasury Auction Shell Game

Peter Schiff
Mar 25, 2011

Very few people have either the time or patience to sift through the data released by the Treasury Department in the wake of its bond auctions. But the numbers do provide direct evidence of the country's current financial condition that in many ways mirror a financial shell game that typifies our entire economy.

[traderabc] 25/3/2011 10:13

Euro's Collapse Is Not 'Unthinkable': Warren Buffett

[traderabc] 25/3/2011 08:10

Billionaire Warren Buffett Sees Global Growth in India





Warren Buffett bowled over by Indian hospitality - Indiaecho.com

[traderabc] 24/3/2011 17:40

Keiser Report: Freedom Fighters vs Corrupt Corps

[traderabc] 24/3/2011 15:09

Just what do they have to hide?

"In Florida, violations would be punishable by up to 30 years in prison"



Two US states move to outlaw unauthorized photos of farming operations


M. Scott Brauer - Pregnant cattle stand in a holding pen awaiting ultrasounds to determine the progress of their gestation on the Judisch Ranch outside of Ledger, Montana USA.



Sec. 9.1(a)(2) makes it a crime to "Possess or distribute a record which produces an image or sound occurring at the animal facility" which was taken without permission of the owner.

Sec. 14.1.b makes it a crime to "Possess or distribute a record which produces an image or sound occurring at the crop operation which was" taken without permission of the owner. -from Iowa House Bill HF589, passed March 17, 2011


We've covered states' moves to criminalize the recording of police activity previously. Now, bills introduced in Florida and Iowa state legislatures would make photography, video, or audio recording of agricultural operations illegal without written permission of the farm's owner. In Florida, violations would be punishable by up to 30 years in prison, according to the proposed Senate Bill 1246 (SB 1246). A similar law (HF589) passed the Iowa state House of Representatives. In a Washington Post article, agricultural industry representatives and lawmakers say the Iowa bill is intended to stop animal rights organizations from filming undercover videos that misrepresent farming operations. Wilton Simpson, a Florida farmer, says that the bill is needed to protect the intellectual property of his farming practices.

[traderabc] 24/3/2011 15:06

A land where justice is just a game.

The U.S. Court System Decides It's Worse To Steal From Goldman Sachs Than To Kill Someone

It's pretty ridiculous that Sergey Aleynikov, the thief who stole Goldman's high frequency code, got 8 years and a month in jail, when his counterpart at SocGen, Samarth Agrawal, got only 3 years for doing essentially the same thing.

But it's even more ridiculous that a killer and an attempted rapist charged for their crimes on the same day as Aleynikov got lesser sentences than him.

[traderabc] 24/3/2011 13:54

The Assent of China, The new face of China.
Jan 25 2011
By Martin Armstrong.

[traderabc] 23/3/2011 23:41

Glowing opportunities?


Wednesday, March 23, 2011
Jim Rogers : Massive Opportunities in Japan

Jim Rogers, commodity king and chairman of Singapore-based Rogers Holdings spoke with Yahoo Finance last week from Singapore about the massive opportunities that the Japan earthquake offers for investors ..."With Catastrophes come opportunities" Famed investor Jim Rogers told Yahoo Finance "The Yen is coming home to roast " Jim Rogetrs explains why he is longing the Yen one of his largest currencies

[traderabc] 23/3/2011 16:56

The facts are plain to see. The $ is in a massive long term down trend. The US is bankrupt, their debt unsustainable and gigantic. All they do is print more money and thereby devalue their currency further ie quantitative easing, all these points are known and provable.
Ultimately the currency to replace it should be the Yuan. Meanwhile if it ($) falls hard enough, soon enough, they will have to introduce their new currency which apparently may be a basket of a few (better)currencies with some gold too.

[dutch alert] 23/3/2011 16:25

everybody speculated on the nasdaq - so big ask for dollars
after the top shares and dollars were sold and the dollar went down again
now a big carrytrade has been build. Borrow dollars sell the dollars and
invest elswere. You can wait for the reversal.

[davebowler] 23/3/2011 16:24

Jim Rogers is/was bullish on Silver.Here's another reason to be- JP Morgan's potential for default as explained ;

[lifechanger] 23/3/2011 16:12

Equally the Dollar index is nearly half now what it was 10 years ago

[dutch alert] 23/3/2011 15:24

I agree on commodities. Jim is right about their trend. I question him on currencies
Singapore, Australie and Switserland will never be able to let the dollar fall.
The question is not which share or currency will do better but which currency will challenge the dollar and will let him fall.
If it is so clear for you - come on give some facts. Without the facts it stays a religion.
Again the dollar index was 20 jears ago about on the same level as he is now.

[traderabc] 23/3/2011 14:59

tell me wich one and why


Singapore $, Aussie $, Swiss frank, are all far better then the $ or Euro. Not to mention, Gold, Platinum, Silver, Palladium, cooper, etc.
The paper game is unraveling, real, hard assets are the only game in town. This isn't 'a religion' it's just common sense, the fundamentals dictate this over the longer term.

[traderabc] 23/3/2011 14:55

Tanks Gather Outside Of Cairo Stock Exchange, As Market Plunges In First Day Of Trading
Joe Weisenthal | Mar. 23, 2011, 6:37 AM

In its first trading since late January, the Egyptian market crashed.

[dutch alert] 23/3/2011 12:53

the opinion about the dollar is based more on religion and less on facts
its about the good, the bad and the ugly and in the eyes of the most the dollar is the bad
probably china the yuan is seen like the good - fact china choose to be the parasite
the value of currencies are based on how they are related to each other
so if the dollar seen like the weak one - their must be others who are stronger
the euro? I don't think so - they probably had to struggle to survive
others ? tell me wich one and why
if you look at the dollar index you see todays price is not too far from the one twenty years ago.

[traderabc] 23/3/2011 11:31

Agreed his timing is sometimes off on the short term, but when it comes to massive primary long term trends he's almost always on the money.

[traderabc] 23/3/2011 11:28

Keiser Report: Build More Reactors, Not!

[dutch alert] 22/3/2011 18:02

In his book "hot commodities" Jim said his timing is not always good.
I agree. His knowledge and insite on commodities is excellent.
Currencies were in better hands with Soros.
Often a contrair opinion on Jims shorttime trades pays out.
So maybe we should sell shortterm

[traderabc] 22/3/2011 12:17

Jim Rogers Bullish on US Dollar

haha its a mad mad world


Hey, the guy has been a super bear on the $ for over a decade, it's perfectly reasonable of him to get bullish for a few months as nothing can go down in a straight line forever. The $ can and does bounce every so often, but longer term the only way does seem to be down.

[lifechanger] 22/3/2011 12:09

So the US had a record fiscal deficit in February of $222.5bln of which $155bln was funded by the Fed printing money

[dutch alert] 22/3/2011 10:39

Friday, March 18, 2011
Jim Rogers Bullish on US Dollar

haha its a mad mad world
probably he also will be moving back to New York

[traderabc] 21/3/2011 23:20

Monday, March 21, 2011
Jim Rogers: Close the FED ! March 21, 2011

March 21, 2011 : Jim Rogers sounds off on FED , the FED's many mistakes will lead to its demise, the FED creates more problesms it does not solve them ...QE2 will end with higher interest rates higher inflation lower US Dollar , currency turmoil




or here

[traderabc] 21/3/2011 22:16

One goes in and another comes out, though this guys alleged 'crimes' were a bit more serious, allegedly.


"Armstrong was jailed a record seven years for defying a judge's order to produce gold bars, coins and other assets. His detention for contempt in a high-security Manhattan prison was the longest of its kind in a federal white-collar civil case."


Bloomberg
Financier Martin Armstrong Released After 11 Years in Jail
March 15, 2011, 6:46 PM EDT

By Zeke Faux and David Glovin


March 15 (Bloomberg) -- Financier Martin Armstrong, jailed since January 2000 on civil and criminal charges stemming from what prosecutors said was a $700 million Ponzi scheme, was released from prison last week.

[traderabc] 21/3/2011 17:30

Monday, March 21, 2011
Jim Rogers : I missed the opportunity on Shorting the Sterling

Legendary investor Jim Rogers from Singapore speaks to the BBC about the dire future for the British economy and the British sterling , "it is pretty simple Jamie the North Sea Oil is drying up according to your government , you've been a net exporter now you are about to be a net importer again , that's a huge shift , and the financial system which has also been a huge contributor to the UK's balance of trade is also now finished , I mean you are not going to make much money there again , your banks according to your own government are all in serious trouble so the major sources of income for the UK are now disappearing , and that's gonna lead to serious problems with your currencies it always has "