Best Of The Best Share Discussion Threads

[spec12] 28/7/2011 16:33

great stuff trader .. thanks

[traderabc] 28/7/2011 10:39

Thanks to someone on the gold thread for this.

A visualization of US debt.

[traderabc] 28/7/2011 10:21

Jim Rogers: "Prepare for a lost decade or more"

[traderabc] 28/7/2011 10:08

Are you kidding me

[traderabc] 28/7/2011 10:06

Own your own town for $800k


Had it with life in the big city? The traffic, crowds, and high rent got you down? Then may we suggest you consider investing in the town of Scenic, South Dakota? And by "invest" we mean "buy the whole darn town for $800,000."

That's right. The small town, which admittedly has seen better days, can be yours for just a bit more than an average home in San Francisco. So, what exactly do you get for your $800k? Quite a lot, actually. You'll get a dance hall, a saloon, two jails, a train depot, two stores, and some more empty buildings.

[traderabc] 27/7/2011 12:09

The Political Theater and the Debt Ceiling Crisis: Are We Being Had?




Dr. Paul Craig Roberts
Prisonplanet.com
July 27, 2011

In my last column I suggested that an unintended outcome of the debt ceiling impasse could be Congress' loss of the power of the purse. In this column I suggest an intended outcome that the ongoing political theater might be designed to produce.

President Obama has said that he will not resort to the various powers open to him to keep the government running should Congress fail to deliver a debt ceiling increase. This is a suspicious statement, as it is not credible that a president would leave troops at war unpaid and without supplies, Social Security checks unsent and stand aside while the US dollar collapses and the credit rating of the US government is destroyed.

[traderabc] 26/7/2011 22:22

Peter Schiff Responds to Timothy Geithner on Debt Ceiling

[traderabc] 26/7/2011 19:56

[KR167] Keiser Report – Mass Psychosis

[traderabc] 26/7/2011 11:13

I can't find a free stream for this one, worth a watch if you can find it on the torrent sites.

Filmmaker Michael Covel on Broke: The New American Dream

[traderabc] 26/7/2011 10:21

Gold: Independent Money

[traderabc] 25/7/2011 16:55

" ...This is a very tough economy and I think for a lot of people it's going to be, it's going to feel very hard, harder than anything they've experienced in a lifetime... "
-Tim Geithner July 2011


Jim Rogers: "I'm shorting US debt. US has already lost its triple AAA rating."

[traderabc] 25/7/2011 13:01

We Print Bonds - Not Money Martin Armstrong.

[traderabc] 25/7/2011 10:24

Vince Cable on UK economy - more money printing (24July11)

"Right-wing nutters in the US threaten world economy."

[traderabc] 24/7/2011 22:07

Here's a solution to the whole western financial crisis, make the Central banks take the hit, why not? They caused the problem in the first place, and who voted them in? Not you nor me. So they're not legitimate, they erode our wealth, cause wars and periodically complete financial chaos.

The US can write off $1.4 trillion in debt, with a stroke of a keypad, by just defaulting on the treasury bonds the Fed owns, just those bonds, they could continue to honour foreign holders while the Treasury 'absorbed' the FED.

If the transition was well planned and pre announced it needn't cause chaos across other markets, better still it could set the precedent for other countries to follow.

Just who would be the victims here? Who are the shareholders of the BofE, the ECB or the Fed? They might say it's us (the country)but it isn't, we just get lumbered with the debt plus intrest.

We already know their money is duff and it's going the way of the dodo, just what do we have to lose by bankrupting these bankers with the rule of law? Gradually legislate them out of town. Though personally I'd rather see them tarred and feathered ;-)


Just who would suffer if this debt or at least the interest wasn't paid by the host nation? Not the poor, not even even the rich, perhaps only the super stupidly rich would feel it. So what if a few dozen banking families lose a large chunk of their net worth, lose their grasp upon whole 3rd world nations, who the hell cares?
They can afford to lose it with ease, they've had their snouts in the trough for generations, every once in a while they need reminding of whose money it really was, and who's really in charge, the millions of us.


Ron Paul is the only credible US presidential candidate for a peaceful and prosperous US, if there's any hope for that country, this old man is it.
His effect on the US could have huge ramifications on the rest of the World.

Ron Paul on FOX Business News 07/11/11

[traderabc] 24/7/2011 20:29

From a few weeks ago, don't think it was posted it back then.

Jim Rogers on FOX Business News 07/11/11

[traderabc] 24/7/2011 11:19

On the Edge with Gonzalo Lira

[traderabc] 24/7/2011 10:45

Ahh thanks guys, nice to know at least some appreciate an alternative view.
I know from a personal level that the kind of stuff I post here has helped me financially survive and prosper in an environment where many fellow investors have been wiped out.

I believe that what we do with our money is like a real vote, it's shapes our world and represents what little 'power' we have, it shouldn't be wasted.
I also believe that there are many forces out there trying to extract our wealth through misinformation and deceit.
This thread is my feeble attempt to counter those forces.

I've been 'pushing' the real assets, the commodity story from the day I stumbled upon this site (2005 ish) You won't find me 'ramping' dodgy AIM stocks here, and yes I own some.

However you will find me ramping Gold, Silver, and the commodity complex, which I own a lot of, so at least I am putting my own money where my mouth is, into a market which I can have no influence over whatsoever.

I like to hope that if I do have a 'religion' it's a fact based one that requires an acknowledgement of the reality we face.

[mozy123] 23/7/2011 23:44

Well said trader, the public are bombarded with lies, scandal, and corruption every day. I have switched off my Tv and sold it, and have never bought a tabloid paper. My media is what i choose to watch, not what is forced on me.

If you call the alternative media religion, what must the normal media be then. quite frankly 99% of people watch or read News Corp propaganda every day.

[6971] 23/7/2011 23:04

Agreed 049balt.

traderabc, I have followed your thread for a few years without commenting. Tonight, I would like to thank you.

[049balt] 23/7/2011 22:38

Trader, well said. This is the best thread on ADVFN!!

[traderabc] 23/7/2011 12:17

"Trader you push and push one extreme opinion"



I do? Do Schiff, Rogers, Celente, R.Paul,Farrage and the others who feature here hold an extreme position or a realistic position?
Granted Keiser and Alex Jones are bit over the top at times, but they interview interesting people, who we can learn from.
I could put up official government pronouncements an any topic, but why?
They've been lying to us for decades, getting it wrong for decades and getting prime air time across multiple media outlets. They certainly don't need my help with their particular brand of propaganda and deceit.

I'm trying to offer a more realistic alternative, does it really come across as extreme? That is regrettable because from my side of the fence most of it just seems like common sense.

I spent a considerable part of my adult life, believing lies and thinking within the 'establishment' box, kowtowing to the consensus and getting nowhere for my apathy and ignorance. Free thinkers have helped me liberate my mind and see things for how they really are, well at least I hope so.

What is it you see so wrong here, can you be a bit more specific?

[dutch alert] 23/7/2011 11:39

Trader you push and push one extreme opinion. The same message over and over again mostly by the same priests. It looks more and more on a religious threat.

[traderabc] 23/7/2011 11:29

Schiff interview.

Mr. Schiff began his investment career as a financial consultant with Shearson Lehman Brothers, after having earned a degree in finance and accounting from U.C. Berkeley in 1987. A financial professional for over twenty years he joined Euro Pacific in 1996 and has served as its President since January 2000. An expert on money, economic theory, and international investing, Peter is a highly recommended broker by many leading financial newsletters and investment advisory services. He is also a contributing commentator for Newsweek International and served as an economic advisor to the 2008 Ron Paul presidential campaign. He holds FINRA Series 4,7,24,27,53,55, & 63 licenses.

[traderabc] 22/7/2011 22:57

'The Eye of the Storm' - Gerald Celente on The Social Collapse of the West

Gerald Celente, publisher of The Trends Journal, discusses why we are heading into the greatest recession,, the inevitability of war, and the uselessness of higher education.

Brought to you by Stefan Molyneux of Freedomain Radio