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[traderabc] 15/9/2011 09:52

Wednesday, September 14, 2011

Can The Decline of America ever be stopped ?

Jim Rogers : Well, yes... If Americans suddenly decided to withdraw troops from 120 or 130 countries around the world, cut spending with a chainsaw, and lower taxes with a totally new taxation system while cutting litigation and improving education – sure, it's possible. The problem is what it takes would cause so much pain, no politician could get elected on that kind of platform. And if he did, he would either be assassinated or kicked out of office pretty quickly, because it's just too much. We've had 50 years of overindulgence in the U.S... and you don't just wake up one day after 50 years of going crazy suddenly to say, "Oh well, OK. Everything's all right now. Let's move on to something else." No. You've got to pay the price. And unfortunately, the price is going to be very expensive.- in Daily Crux



Wednesday, September 14, 2011
The FED has tripled its balance sheet with Garbage in the last 3 years

Jim Rogers : when the real panic hits it is going to be worse than 2008 , remember Sean in the last three years America had bought its own debt , the Federal Reserve in America has tripled its balance sheet with Garbage , Europe has gone deeper into debt the overall situation has gotten worse , governments trying to push the problems to the future but to do that they make it temporarily better but long term they make it worse and so the next downturn it is going to be more brutal and worse because the overall situation is much worse ....- in NDTV

[traderabc] 15/9/2011 09:51

Ned Schmidt Says Traders are Looking at the Wrong Data
Stock up on beef, chicken and pork now

[traderabc] 14/9/2011 11:04

[183] Keiser Report: Confidence Game

[traderabc] 13/9/2011 10:24

MAX KEISER ON RADIO 5 LIVE 11TH SEPTEMBER 2011

[traderabc] 11/9/2011 09:25

UKIP's Nigel Farage 2011 Conference Speech (09Sept11)


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[traderabc] 10/9/2011 18:07

[KR182] Passing the Fiat Cash Grenade

[traderabc] 10/9/2011 10:55

Cheers balt.

Post-9/11 police state

[traderabc] 10/9/2011 10:09

Friday, September 9, 2011
Jim Rogers CNBC interview - 09 September 2011

Jim Rogers : David, as you well know, crises usually happen in the fall. well here we are in September with October coming out next , the good news would be if Greece did go bankrupt. if you ask me, this morning in Europe anyway, Greek interest rates were over 90%. maybe the market is telling us it's finally time well, if Greece defaults you've got to have other people that default, too, Italy and Spain and a few others. if they did that, obviously New York would go down a fair amount but that would mean that Europe is going to have a very strong sound currency. people cannot lie about their finances anymore. people would have to run a tight ship. a lot of pain between now and then, but, boy, if that happened in the next month or so, buy all the euro you can.


Rogers Min 7

[traderabc] 09/9/2011 17:57

Dr. Marc Faber - Founder of "The Gloom Boom & Doom Report"

[traderabc] 08/9/2011 20:52

The Swiss Central Bank is Making a Huge Mistake

Jim Rogers : The move will work for a while, but the market will have more money in the end than the SNB, The Swiss central bank risks losing a lot of money buying up lots of foreign currencies which they will eventually sell at a loss,
Another risk is that the central bank will "totally debase the Swiss franc trying to keep Switzerland 'competitive' which will then destroy the traditional Swiss financial industry," Rogers said.
"So this is a huge mistake for Switzerland since they are going to suffer more either way," - in CNBC



Investors can now open bank accounts in Yuan outside of China

Jim Rogers : RMB (Chinese Yuan ) is best, the US dollar is probably good in the short term, but the absolute worst over the long term.There are various ways to get RMB exposure outside China, investors can now open bank accounts in renminbi in various cities like New York, San Francisco, Hong Kong, Singapore and others and can buy renminbi-denominated bonds in the international markets. - in CNBC

[traderabc] 08/9/2011 20:41

"Banks are businesses, somehow they turned into something else... They should be allowed to fail."

[traderabc] 08/9/2011 20:32

Rick Santelli Tells Arch Globalization Advocate Friedman He Is An Idiot

Submitted by Tyler Durden on 09/08/2011 10:53 -0400



Following today's New York Times invasion of CNBC, where two of its most irrelevant columnists are now part of CNBC's most irrelevant hourly block so at least it is symmetric, Rick Santelli and "The Earth is flat...but I sure am round" author Tom Friedman had a choice exchange of words which culminated with Rick Santelli finally telling the world's most overhyped patron saint of globalization the bitter truth. In the meantime, not even the very non-flat Friemdan had an answer to Santelli's very simple question: is Social Security a ponzi scheme... And while we are there, we wonder just what noun would be used to describe Friemdan if asked if the entire Keynesian model is an even bigger ponzi.

[traderabc] 08/9/2011 12:48

Keiser Report – Market Schizophrenia

[traderabc] 08/9/2011 12:42

The Last Haven Standing

Peter Schiff
Posted Sep 7, 2011

The markets are going through another sell-off phase, yet the traditional notions of a 'safe haven' are changing. No longer is the US dollar the default shelter; instead, gold, the Swiss franc, and the Japanese yen are the preferred assets.

All three of these havens - gold, francs, and yen - have been surging upward this month. Two of them, however, are being actively devalued by central banks desperately (and foolishly) trying to curtail appreciation. The Swiss and Japanese are enlisting both policy measures and all the banker-speak they can muster to stem the tide of investment flows into their currencies.

The game is Last Haven Standing, and Spielberg has already acquired the movie rights.

[traderabc] 07/9/2011 16:46

UKIP Nigel Farage in Croatia ,European Union membership debate , part 1- September 2011

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[apdi71] 07/9/2011 08:57

Nassim Taleb: The American Economy Will Transfer $5 Trillion To Banker Pay And Bonuses Over The Next 10 Years

[traderabc] 06/9/2011 18:47

Tuesday, September 6, 2011
Keeping all your money in cash could be a disaster
Keeping all your money in cash could be a disaster
Jim Rogers : ...I would also urge everyone to learn how to sell short. If you don't want to do that, at least learn about currencies. You don't want to keep all your money in cash in difficult times. A lot of people put all their money into Icelandic krona and thought they were fine. Of course, we know Iceland went bankrupt and the krona collapsed. So be sure you learn something about currencies, because keeping all your money in cash could be a disaster. - in The DailyCrux


I would urge everyone to learn about investing outside of the U.S.
Jim Rogers : .....As unlikely as it appears, these things happen... And they're happening in the U.S. right now. So I keep looking for what could happen to cause a revival in the U.S. We have agriculture, but even our agriculture is facing problems. Conceivably, we have a lot of shale gas. If that technology is ever perfected, that would help the U.S. But these things are not enough to turn the U.S. around permanently, just as the North Sea was not enough to turn the U.K. around permanently. So, no... Right now, I'm not bullish on the future... And I would urge everyone to learn about investing outside of the U.S. - in The Daily Crux

[traderabc] 06/9/2011 14:22

[KR181] Keiser Report – Fake Assets

It's got to $10000 on ebay so far.


Edited

UPDATE: FINAL PRICE ON EBAY $25,200 / With Dow collapsing, the price for "Chase Burning" on eBay is SKYROCKETING!!!

[traderabc] 06/9/2011 10:37

Don't you start, not here.

Edited, yes I think I will, just because I can, bye, bye bollo.