Best Of The Best Share Discussion Threads

[muffinhead] 11/6/2011 17:01

God bless America

[apdi71] 10/6/2011 15:38

A whole half hour of Jim Rogers goodness on the Glenn Beck program, June 9th (starts about 20 mins in):

[traderabc] 10/6/2011 10:04

Posted on June 9, 2011 by stacyherbert|

Stacy Summary: Interesting interview with Jim Rogers. He mentions shorting a major bank and Zerohedge says it is JP Morgan. But he has lots of interesting stuff to say about silver. This is how you become a billionaire; notice the total absence of shrieks and a calm desire for a lower price in silver so that he can buy some more. Spoken like a true SLA warrior!

[traderabc] 09/6/2011 15:18

Wednesday, June 8, 2011

Jim Rogers : we are rapidly approaching a crisis that will be worse than 2008


Jim Rogers : we have wars going on in three different countries right now we'd like to have wars in four or five more if we could figure out the way to do it , we got troops stationed in a 120 countries around the world they are not doing anything except making enemies for us and costing us a staggering amount of money , this is all gonna come to an end and unfortunately no country that got itself in this kind of situation gets out of the problem without a crisis or semi crisis we are rapidly more more rapidly approaching a crisis it's going to be bad for all of us , 2008 was bad well wait till the next time around it's going to be even worse - in RT America

[traderabc] 09/6/2011 15:11

This one? I think the estimate may well be on the conservative side, food prices could double within 5 years.


Food prices to double by 2030, Oxfam warns

Charity says era of permanent food crisis will hit poorest people hardest and spark social unrest



Full report pdf

[049balt] 09/6/2011 14:56

Trader, have a look at the Oxfam report on where food prices are heading!

[traderabc] 09/6/2011 14:54

[KR154] Keiser Report: GIABO!

[traderabc] 08/6/2011 14:14

Citizen Sues Atlanta Fed Based on Allegation that It's Issuing Federal Reserve Notes That It Has No Intention of Redeeming, Which Amounts to Counterfeiting ... Asks that Atlanta Fed's Charter be Forfeited



Washington's Blog
June 8, 2011

Scott Beach sent me this link to his complaint against the Atlanta Fed.

In his complaint, Beach points out that 12 United States Code Section 341 provides that Federal Reserve Banks can be sued, and can that they can:

Forfeit [their] franchise for violation of law.

The complaint alleges that all of the Federal Reserve Banks (including Atlanta) stopped allowing Federal Reserve Notes to be redeemed in the early 2000′s and that – because 12 United States Code Section 411 requires the notes to be redeemable – continuing to issue notes without allowing redemption amounts to counterfeiting.

Beach thus asks that the Atlanta Fed's charter be forfeited.

Without commenting on the specifics of the allegations in the suit itself, I can still say with 100% confidence that Thomas Jefferson would have approved.

So would many top financial experts. See this, this, this, this, this, this and this.

[traderabc] 08/6/2011 07:03

Are We Fated to Live 1929-1930 All Over Again?
06/07/2011
By Richard Russell06/07/2011



September 3, 1929 -- The Dow surges to a record high of 381.17. Months later, years later, decades later, I wonder, "Will the Dow ever reach its 1929 high again?" All during the Depression years of the '30s I wonder, all during the War Years of the 1940s I wonder, all during the early '50s I wonder, and then on November 23, 1954, the Dow finally rallies above its "impossible" 1929 high of 381.17. I blink my eyes in excitement. I can't believe it. It's finally happened after 25 years of waiting.

On October 9, 2007, the Dow rallied to a record high of 14164.53. Three years have passed since then, and I wonder, "Will the Dow ever climb back to its 2007 peak again?" Following the 1929 peak, it took 25 years to reach the 1929 high again. How many years will it take to better the 2007 high? Memories -- memories and comparisons.

[traderabc] 07/6/2011 16:00

Keiser Report: Selling Kidney for iPad (E153)

[traderabc] 05/6/2011 10:09

[OTE113] On the Edge with J.S. Kim of SmartknowledgeU.com

[traderabc] 05/6/2011 10:06

Peter Schiff RT interview 03 June 2011

[traderabc] 03/6/2011 20:01

Lord Jacob Rothschild Suggests You Panic

Submitted by Tyler Durden on 06/03/2011 08:01 -0400

European Union Japan Middle East recovery


When The Lord tells you to panic... You panic. And beg for QE 3, 4, 5, etc. Just think of the poor bankers.


Let me look now at the time ahead. I reminded shareholders in my Chairman's Statement last year that our aim of preserving shareholders' capital takes precedence over short-term capital growth if we feel that there remains above-average risk of capital loss. There is, I believe, a growing awareness of the dangerous position which confronts many countries, particularly those in the developed world.

[traderabc] 03/6/2011 19:49

Friday, June 3, 2011
Jim Rogers : How Technology can decentralize the government in the future

[traderabc] 03/6/2011 10:55

Just like a tech stock..

[traderabc] 03/6/2011 10:53

What is Bitcoin?

[traderabc] 02/6/2011 17:20

[KR152] Keiser Report – Regime Change in Greece Now!
We interview Gonzalo Lira.

[traderabc] 02/6/2011 15:07

After The Dollar: What Comes Next?

Peter Schiff
Jun 2, 2011

THE DOLLAR'S TERRIBLE FATE

My readers are familiar with my forecast that the US dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed in an economic depression. The clock is ticking until the dollar faces a crisis of confidence like every other bubble before it. The key difference between this collapse and, say, the bursting of the housing bubble is that the US dollar is the backbone of the global economy. Its conflagration will leave a vacuum that needs to be filled.

Mainstream commentators often discuss three main contenders for the role: the euro, the yen, or China's RMB (known colloquially as the "yuan"). These other currencies, however, each suffer from a critical flaw that makes them unready to carry the reserve currency role in time for the dollar's collapse. When it comes to fiat alternatives, it appears the world would be going out of the frying pan and into the fire.

[traderabc] 02/6/2011 10:55

It was a good speech apdi, lets hope enough people heard it and connected with what he was saying.


How Goldmans cost Gaddafi a $1.3bn fortune


After losing the cash in just a handful of complex trades, the bank was told it had to offer some sort of compensation

By Alistair Dawber

Wednesday, 1 June 2011

[apdi71] 02/6/2011 07:42

Ron Paul's recent last nail speech.
https://www.youtube.com/watch?v=-olNr4UuVqY

[traderabc] 01/6/2011 11:51

Peter Schiff 'Inflation's gonna get worse' 31 May 11FINANCE & ECONOMICS series

[traderabc] 01/6/2011 11:34

Billion Dollar Fund Managers Agree: The Government Never Fixed the Underlying Economic Problems, So We'll Have Another Crash



Washington's Blog
June 1, 2011

While the snake oil salespeople at the retail investing level and the bobble heads on the kool aid selling financial channels have been saying for years that we're in a "recovery" (albeit a slow one), billion dollar fund managers say that nothing has changed and we'll have another crash.

As Bloomerg reports:

Mark Mobius, executive chairman of Templeton Asset Management's emerging markets group, said another financial crisis is inevitable because the causes of the previous one haven't been resolved.

"There is definitely going to be another financial crisis around the corner because we haven't solved any of the things that caused the previous crisis," Mobius said ..."Are the derivatives regulated? No. Are you still getting growth in derivatives? Yes."

The total value of derivatives in the world exceeds total global gross domestic product by a factor of 10, said Mobius, who oversees more than $50 billion. With that volume of bets in different directions, volatility and equity market crises will occur, he said.

The global financial crisis three years ago was caused in part by the proliferation of derivative products tied to U.S. home loans that ceased performing, triggering hundreds of billions of dollars in writedowns and leading to the collapse of Lehman Brothers Holdings Inc. in September 2008.

[traderabc] 31/5/2011 18:15

Keiser Report: Neo-Feudal Gulag Casino State (E151)