Best Of The Best Share Discussion Threads

[traderabc] 11/10/2011 13:09

Robin Griffiths

[traderabc] 11/10/2011 13:06

Monday, October 10, 2011
Wall Street was a disaster the years I was there. And I did OK

Jim Rogers: Actually, Wall Street was a disaster the years I was there. And I did OK. I know Roy Neuberger who started Neuberger Berman went to Wall Street in 1929 – it couldn't have been a worse time – and yet he became wildly successful in finance. So of course it can be done. But the numbers of people who do it are going to be very few and far between going forward. You'll need to be very passionate about it, because the wind is going to be in your face. In 1958, America had 5,000 MBAs every year and the rest of the world had none. Now, America has a couple hundred thousand every year and the rest of the world has tens of thousands. So there's huge competition in finance. By the way, an MBA won't teach you about commodities or raw materials. It will teach you mainly about stocks, bonds, and options. But now there's huge competition at a time when there's staggering debt in the financial world, and politicians all over the world are coming down hard against banks, brokers, and financial institutions. Taxes, regulations, requirements. So, finance is going to be a horrible place to be, just as it was in the '50s, '60s, and '70s. I mean, almost no one went to Wall Street in the '50s, '60s, and '70s. The city of London was a wasteland in those days. And then we had the big bull market and that all changed. But now, we're going back to a period where the producers of the real goods are the ones in charge, making the money and the excitement. This has happened repeatedly throughout history. We've had long periods when the financial types were the kingpins, and we've had long periods when the producers of real goods were the kingpins. It's reversing again now, and we're just going back to what's always happened. - in Daoly Crux



Sunday, October 9, 2011
Shale Gas could cause a revival in the U.S. but only temporarily
Shale Gas could cause a revival in the U.S. but only temporarily
Jim Rogers : Well, in 1918, the U.K. was the richest, most powerful country in the world. If you looked at a map of the world, it was all red – the British Empire was everywhere. But there was a lot of corrosion underneath. And within three generations, the U.K. was bankrupt. The U.K. could not sell government bonds. It had to be bailed out by the IMF. Now, it certainly had some rallies along the way. Sometimes things got better... or looked better. But the trend was always down. Starting in 1979, the U.K. had a revival when the North Sea oil started flowing. Over the next 20 years or so, the U.K. had a huge boom in oil production, which made things much better in the U.K... And of course, there was the stock market bull market, which made the City of London more exciting and prosperous. But now, the North Sea oil is declining and the city of London is going into decline, just like Wall Street and financial centers all over the world. 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

[vegass] 11/10/2011 11:21

Someone should tell this Deena that Iceland is not part of the European Union.

[traderabc] 11/10/2011 10:08

Why Iceland Should Be in the News But Is Not



By Deena Stryker

An Italian radio program's story about Iceland's on-going revolution is a stunning example of how little our media tells us about the rest of the world. Americans may remember that at the start of the 2008 financial crisis, Iceland literally went bankrupt. The reasons were mentioned only in passing, and since then, this little-known member of the European Union fell back into oblivion.

[traderabc] 09/10/2011 18:19

Sunday, October 9, 2011
Shale Gas could cause a revival in the U.S. but only temporarily
Shale Gas could cause a revival in the U.S. but only temporarily
Jim Rogers : Well, in 1918, the U.K. was the richest, most powerful country in the world. If you looked at a map of the world, it was all red – the British Empire was everywhere. But there was a lot of corrosion underneath. And within three generations, the U.K. was bankrupt. The U.K. could not sell government bonds. It had to be bailed out by the IMF. Now, it certainly had some rallies along the way. Sometimes things got better... or looked better. But the trend was always down. Starting in 1979, the U.K. had a revival when the North Sea oil started flowing. Over the next 20 years or so, the U.K. had a huge boom in oil production, which made things much better in the U.K... And of course, there was the stock market bull market, which made the City of London more exciting and prosperous. But now, the North Sea oil is declining and the city of London is going into decline, just like Wall Street and financial centers all over the world. 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] 09/10/2011 18:18

Written by Drew Voros |
October 03, 2011
Jim Rogers: Rogers International Commodity Index's Construction Fuels Its Outperformance

Page 1 of 3
Legendary investor says stability of weightings, broad list of commodities give true reflection of the cost of doing business.

[traderabc] 09/10/2011 17:59

In this King World News exclusive interview, Harry Markopolos the Whistleblower who brought down Bernie Madoff's $65 billion Ponzi scheme reached out to KWN with the latest fraud he and his team have uncovered. Markopolos stated, "The Bank of New York is going to go down, Eric. Between Bank of New York Mellon and State Street, these two institutions have stolen between $6 to $10 billion from tens of millions of Americans retirement savings accounts. It's been a hell of a crime spree for the bank, but now they are being brought to justice."

[049balt] 08/10/2011 15:28

Beef is up 20% milk is also up!

[lifechanger] 07/10/2011 18:22

Eh? All Agri prices are down on the year. Beans and Wheat by over 25%

[049balt] 07/10/2011 14:44

No sign of any softening in the agri. commodity prices, this bodes well for the future.

[traderabc] 06/10/2011 23:10

Things Are So Bad In America That Now Even Sesame Street Muppets Are Poverty-Stricken And Hungry



The American Dream
October 6, 2011

Big Bird, Elmo, Cookie Monster, Bert and Ernie are about to get a new friend. This new character comes from a family that is poverty-stricken and that struggles to get enough food. She is going to teach the other residents of Sesame Street the facts about hunger in America. Her name is Lily, and she will be appearing on a special one hour primetime special of Sesame Street that will focus on the plight of hungry children all over the nation. You can see video of this new Sesame Street character right here. This is yet another sign that things are so bad in America that nobody can really deny the reality of what is happening anymore. When you have more than one out of every five children living in poverty and one out of every four children on food stamps, it would be an injustice to call it anything less than a national crisis. Our economy is dying because of our foolishness and our children are paying the price.

But a new Sesame Street character that is poverty-stricken and hungry is not the only unusual sign that things have changed in America.

[traderabc] 06/10/2011 22:55

BBC Does It Again: "In The Absence Of A Credible Plan We Will Have A Global Financial Meltdown In Two To Three Weeks" - IMF Advisor

video

IMF advisor says we face a Worldwide Banking Meltdown

[traderabc] 06/10/2011 19:45

[KR193] Keiser Report – Debt & Slavery

[traderabc] 05/10/2011 11:48

lol!

RAP NEWS 9 - The Economy w. Ron Paul & Peter Joseph

[traderabc] 05/10/2011 11:13

War, bankruptcy, and no representation, thanks Dave.



No in-or-out EU referendum, says David Cameron


James Tapsfield
London Independent
October 4, 2011

David Cameron risked fuelling eurosceptic anger today by bluntly dismissing the prospect of an in-out referendum.

The Prime Minister said he was governing for the "whole country", and would not back a "false choice" between staying in the European Union or leaving.

However, he also appeared to confirm that a referendum will be held if the crisis in the eurozone leads to a new treaty.

The comments came in a round of broadcast interviews at the Conservative Party conference in Manchester.

Right-wingers at the gathering have been demanding a popular vote on EU membership, saying the debt crisis in the single currency area reinforces their arguments.

[traderabc] 05/10/2011 11:08

Soros Publicly Supports Occupy Wall Street


Kurt Nimmo
Prison Planet.com
October 4, 2011

Billionaire financier, hedge fund kingpin and unabashed globalist George Soros has come out publicly and supported the amorphous Occupy Wall Street movement.

[traderabc] 05/10/2011 10:48

Not as good as the Kid's rant, looks like elements of the mass media do 'get it' and aren't willing to stay quiet any longer.


MSNBC's Dylan Ratigan on The Federal Reserve, Media Censorship, Bilderberg @ #occupywallstreet

[traderabc] 05/10/2011 10:36

Dutch PlantLab Revolutionizes Farming: No Sunlight, No Windows, Less Water, Better Food

[traderabc] 05/10/2011 10:27

Jim Rogers on US-China trade war

[traderabc] 05/10/2011 10:27

A smart American kid saying it as it is.

Occupy Wall Street Protester End the Fed - Best Rant!

[traderabc] 05/10/2011 01:29

Keiser Report: Deutschmark & Drachma Revival? (E192)

[traderabc] 05/10/2011 01:25

This could get interesting.


Anonymous Analytics on targeting a company's share price
September 27, 2011 8:11 pm
by Tim Bradshaw


As Robert Cookson and I reported today, Anonymous – the hacktivist group – has made a surprising change in tactics with the launch of Anonymous Analytics, a financial research group.

The group has accused Chaoda Modern Agriculture, one of China's biggest vegetable producers, of fraud in what the faction says will be the first of many such investigations. It plans both to comb corporate balance sheets itself and solicit WikiLeaks-style submissions from whistleblowers.

As Joseph Menn chronicled in a feature this weekend, it's the latest indication of how fast Anonymous is evolving, after a spate of arrests over Sony and News International hacking attacks in recent months.