Best Of The Best Share Discussion Threads

[traderabc] 16/7/2011 12:44

Marc Faber says QE3, More Inflation Coming and Advises Buying Gold Now

[traderabc] 16/7/2011 11:54

Green Shoots

Richard Russell BIG snippet
Dow Theory Letters
Jul 15, 2011

July 14, 2011 -- Gold Rallies to Record on Safe Haven Demand as Debt Concerns Intensify in U.S. (July 14 - Source Bloomberg)

"Gold surged to a record after Moody's Investors Service placed the U.S. rating on review for a downgrade, U.S. debt-ceiling talks stumbled and Europe's sovereign crisis persisted, boosting demand for a haven.

[traderabc] 16/7/2011 11:08

Jim Rogers - RT Tv 14 July 2011

[traderabc] 16/7/2011 11:02

This is good.

CrossTalk ft. Jim Rogers: Euro Jitters

[traderabc] 16/7/2011 11:01

The new "Let them eat cake!"
10 shocking, illuminating moments that prove just how out of touch the powerful really are

[traderabc] 15/7/2011 11:58

Investor Jim Rogers on why he's staying long on euro




Jim Rogers Shorting US Bonds and a Large US Bank 7/11/11





Jim Rogers says supply squeeze makes commodities a sure bet

[traderabc] 14/7/2011 23:36

Keiser Report: Oligarchy Propaganda (E164)

[traderabc] 13/7/2011 23:41

This is good.

Ron Paul : Why do central banks hold Gold? Bernanke : Tradition

[traderabc] 13/7/2011 13:11

"Once you are down on your luck in America you will quickly find that authorities will try to take everything else you still have away from you.

The United States can be a very brutal place to be if you are poor."



Outcasts: Tonight Tens Of Thousands Of Formerly Middle Class Americans Will Be Sleeping In Their Cars, In Tent Cities Or On The Streets


Economic despair is beginning to spread rapidly in America. As you read this, there are millions of American families that are just barely hanging on by their fingernails. For a growing number of Americans, it has become an all-out battle just to be able to afford to sleep under a roof and put a little bit of food on the table. Sadly, there are more people than ever that are losing that battle. Tonight, tens of thousands of formerly middle class Americans will be sleeping in their cars, even though that is illegal in many U.S. cities. Tens of thousands of others will be sleeping in tent cities or on the streets. Meanwhile, communities all over America are passing measures that are meant to push tent cities and homeless people out of their areas. It turns out that once you lose your job and your home in this country you become something of an outcast. Sadly, the number of "outcasts" is going to continue to grow as the U.S. economy continues to collapse.

Most Americans that end up living in their cars on in tent cities never thought that it would happen to them.

[traderabc] 13/7/2011 13:10

Whatever..


Schiff: US debt ceiling talks in deadlock

[dutch alert] 13/7/2011 13:07

Never trust a trader

[traderabc] 13/7/2011 12:59

Never trust a government.

[dutch alert] 13/7/2011 12:35

A state crushing dissent is nothing new, at least the Chinese don't have the gall to claim they're 'democratic' and 'the land of the free' when they do it.

You are right. I have much more confidence in the US. Never trust the Chinese.

[traderabc] 13/7/2011 11:52

If you want to win a discussion with a foto of a house in a bad condition I could fill the space with people living in China under very bad conditions




Dutch I'm not trying to 'win' anything, just saying what I think. So here goes, the Chinese just like the Americans are subjected to a government that does stupid and often evil things. The Chinese are very sensitive to internal criticism and very brutal dealing with it, for all their stupidity they aren't so dim when it comes to dealing with geo political affairs, their economy and long term national strategies, they are a nation on the assent while the US is a nation on the descent, this is plain to see imo.

The 'creative open minds' that once made the US great appear to be losing the battle to the closed minded, greedy,war obsessed, bible thumping, banker bail-outing, corporate elites who are bringing the country to its knees.

The Chinese appear to be getting better at giving their people a chance to drag themselves out of generations of poverty, the state regardless of its many serious faults appears to be trying to go forward and make progress.
Which is more then can be said for the American state atm.

This guy Ai Weiwei appears to have made enemies with powerful people, bad things can happen when you do that.

Ai Weiwei
From Wikipedia, the free encyclopedia
This is a Chinese name; the family name is Ai.




This man did the same thing

Bernard von NotHaus



as did these two



And let's not forget these few hundred




A fat corrupt state crushing dissent is nothing new, at least the Chinese don't have the gall to claim they're 'democratic' and 'the land of the free' when they do it.

[dutch alert] 13/7/2011 11:29

In China there is no room for protest. You end up in prison.

[traderabc] 13/7/2011 11:12

The emperor has no economy



Corporate profits are up, consumer income is down, and Orwellian talking points are soaring.
Ted Rall Last Modified: 12 Jul 2011 11:03

Anger rises alongside increases in the real unemployment rate in the US, where the economy is not coming out of recession [GALLO/GETTY]


The Associated Press' Paul Wiseman had one of the snappier headlines last week: "The Economic Recovery Turns Two - Feel Better?"

"After previous recessions, people in all income groups tended to benefit," Wiseman wrote. "This time, ordinary Americans are struggling with job insecurity, too much debt, and pay raises that haven't kept up with prices at the grocery store and gas station. The economy's meager gains are going mostly to the wealthiest...A big chunk of the economy's gains has gone to investors in the form of higher corporate profits."

Wiseman quoted David Rosenberg, chief economist at Gluskin Sheff and Associates in Toronto: "The spoils have really gone to capital, to the shareholders."

Karl Marx, call your office.

[traderabc] 13/7/2011 11:11

Keiser Report: Ratings Racket

[sidarthur2] 12/7/2011 15:02

but he can't draw

[dutch alert] 12/7/2011 14:59

The Chinees don't get it. You have a brilliant creative mind Ai Weiwei probably the Michelangelo of our time an they lock him up. What they need is creative free minds and not the narrow small brains who rule the country.

[dutch alert] 12/7/2011 14:46

If you want to win a discussion with a foto of a house in a bad condition I could fill the space with people living in China under very bad conditions

[traderabc] 12/7/2011 13:49

James Dines - Editor of The Dines Letter

mp3

[traderabc] 12/7/2011 12:59

Monday, July 11, 2011
Jim Rogers : The Regulators do not understand how markets work

Global Investor Jim Rogers criticized the decision by Italian regulators to introduce more disclosure for short sellers. "These guys don't have a clue, that's why they work for the government instead of in the real world," Rogers said.
" I do not vote in Europe , but aren't the European voters getting pretty fed up , why should they have , why should good honest dutch men or Austrian who have been saving money and have not done anything wrong suddenly have to pay the bills for some Greeks setting on the beach it just does not make any sense to me it is not moral it is not good economics it is absurd " " why should people have to pay for a bunch of liars that's my whole point why should people who have done nothing wrong suddenly have to bailout liars it does not make sense to me , the citizens did not made the loans the banks made the loans , they are trying to bailout the banks instead of bailing out you and me or you cause you are the voter I am not "

[traderabc] 12/7/2011 11:12

"the victim of their own overconfidence"


From Motown to Ghost town: How the once mighty Detroit is heading down a long, slow road to ruin

By Peter Hitchens In Detroit

Last updated at 10:01 PM on 9th July 2011



Crumbling despair: Once a home for the rich, a Detroit house teeters on the brink of collapse


This was once the capital city of capitalism, the great roaring furnace at the very centre of America's rise to world power and greatness. Stalin wanted to copy it on the banks of the Volga, but found he couldn't replicate its spirit – or its cars.

Aldous Huxley's great prophetic novel Brave New World was written on the assumption that the ideas of its founder, Henry Ford, especially that 'history is bunk', would one day take over the planet. He may yet turn out to be right.

Certainly, Ford's desire for a world of vast mass-production factories in which the workers were paid enough to keep the economy going by buying their own products seems to be coming true. But nowadays it is mainly coming true in China and South Korea, and failing in Detroit itself.

[dutch alert] 11/7/2011 19:24

If they (China) became the victim of their own overconfidence they will loose out in a big way. If you swept inflation under the carpet in a country where 80% of the population spend 80% of their income on food and that food increase over 10% in price - you are in big trouble. They started in the past a revolution for less.

[traderabc] 11/7/2011 19:07

Whatever Happens, Commodities Win: Jim Rogers


Patrick Allen
CNBC
July 11, 2011

Following Friday's disappointing jobs data and a big jump in Chinese inflation over the weekend, Jim Rogers, the CEO and Chairman of Rogers Holdings, told CNBC that no matter what happens to the global economy, he will make money with his commodity positions.

"If the world economy gets better, I earn money on commodities. If the global economy gets worse then they will print more money and I will make money in commodities," Rogers said in an interview with CNBC on Monday.