Best Of The Best Share Discussion Threads

[traderabc] 05/1/2012 13:58

Jim Rogers - CNBC - 03 January 2012

[traderabc] 04/1/2012 14:32

Inequality in modern-day America is worse than Ancient Rome



The 99 percent has found an ally 2,500 years in the past. It just so happens that it's with those that found themselves in the Ancient Roman plebian and slave classes.

According to research done recently by historians Walter Schiedel and Steven Friesen, cited by Per Square Mile's Tim De Chant, the income inequality gap in modern day America is far greater than the separation within the societies during the days of Julius Caesar. During the Ancient Roman Republic, says the duo's study published in Per Square Mile, the top one percent controlled 16 percent of society's wealth. If you fire up the Delorean and go from the Diocletian Empire to twenty-first century USA, you'll see that things are a little more uneven. Today, that one percent on top controls 40 percent of the country's wealth.

[traderabc] 04/1/2012 14:15

"The more restrictions and prohibitions there are, the poorer the people become. The sharper the people's weapons are, the more national confusion increases. The more skill artisans require, the more bizarre their products are. The more precisely laws are articulated, the more thieves and outlaws increase."
-The Tao Te Ching

[traderabc] 04/1/2012 14:06

"I am confident to say that this correction cycle has complete, we should at least expect another round of correction higher."


Navyan, I hope you're right, I've been buying all the way down, my last purchase being yesterday.

[traderabc] 04/1/2012 14:03

careful - 2 Jan'12 - 15:25 - 3482 of 3487

jim rogers says he moved to asia so that his kids can speak chinese.

as if a few points of extra economic growth annually is the only factor in his kids upbringing.
He is super rich so it would make no difference.
they will be in an alien culture.

what a muddled thinker.





careful, have you considered that his daughters may have duel nationality status? That the right passport can be priceless (literally) in bad times. Clear thinkers understand these things.
I recall both of his daughters have been on Singapore national tv, speaking perfect mandarin as an example of what is achievable. Are you aware that the most formative years in a child's life are 0 to about 5 years?



"About 90 percent of a child's brain develops in that time, according to studies. And 85 percent of a child's intellect, personality and social skills are developed by that age."



His kids will turn out just fine.

The 'alien' culture you refer to is an example of a truly prosperous multicultural society living in peace, a culture where education is taken seriously and also one of the few places left on earth where the currency is still sound.



So far it's the right place at the right time, it has a bright future in comparison to the US I expect this will become more self evident as time passes.

[navyan] 03/1/2012 23:18

Chinese Premier Wen Jiabao warns of 'difficult' start to 2012

1:57PM GMT 03 Jan 2012

[navyan] 03/1/2012 22:46

Trader, amazing action on Silver. please see my previous post& chart on silver:

navyan - 1 Oct'11 - 23:27 - 3135 of 3485 edit


and I would be watching $27.17 level very closely for silver as it is the 100% projection of the A wave on the daily time frame. if it breaks below 27 then we will could 20.69 or 16.66.

Silver 4hrs chart 01/10/2011:

todays daily chart, you see it did exactly as the wave theory predicted, bounce up for the blue 4th wave and dip for the 5th, and the price didnt want to close any lower than 27.17! I am confident to say that this correction cycle has complete, we should at least expect another round of correction higher. on the daily time frame that is.

Silver daily: 03/01/2012

[traderabc] 03/1/2012 20:47

[KR231] Keiser Report – From Russian Oil With Love

[traderabc] 03/1/2012 15:29

Cheeres Tenpen.

A Lot of Governments will Print Money in 2012: Rogers

CNBC

[tenapen] 03/1/2012 08:08

Great 'Hardtalk' links, Thanks.

Best Wishes to you Traderabc and all who read this tread, in 2012.

[careful] 02/1/2012 15:25

jim rogers says he moved to asia so that his kids can speak chinese.

as if a few points of extra economic growth annually is the only factor in his kids upbringing.
He is super rich so it would make no difference.
they will be in an alien culture.

what a muddled thinker.

[traderabc] 02/1/2012 14:37

2012 – Year of Crash and Opportunity

by craig on December 31, 2011 11:48 am in Uncategorized

I predict a very substantial fall in UK house prices in 2012 – and that will be a very good thing.

Average house prices currently stand at over 6 times average earnings. That compares to a long term average since 1945 of under 4, which charts show to be the norm.

[traderabc] 02/1/2012 14:25

The decline of the American empire

As the world is undergoing a profound transformation, what role will the US play in a post-American century?

[traderabc] 02/1/2012 14:23

From November

Steve Keen on BBC HARDtalk

[traderabc] 01/1/2012 18:06

[KR230] Keiser Report: Outrageous Predictions for 2012




Annual New Year's Eve economic forecast with Karl Denninger-On the Edge with Max

[traderabc] 01/1/2012 17:50

Cheers tbh.

From September

[the bounty hunter] 01/1/2012 17:18

Happy New Year Traderabc. Thanks again for posting many interesting articles over the last year

[traderabc] 01/1/2012 16:55

This was aired in September last year

George Soros Predicts Economic Collapse 'WE WILL HAVE A DOUBLE-DIP' 9-2011

[traderabc] 01/1/2012 16:48

Jim Rogers US Economy Outlook For 2012

[traderabc] 01/1/2012 16:40

This is surprisingly good work from the BBC


BBC News HARDTalk Jim Rogers (Part 1/3)




min 2.40



3 min 3

[traderabc] 01/1/2012 16:33

JIM ROGERS INTERVIEW BBC 26 DEC 2011.avi

[traderabc] 01/1/2012 16:28

Jim Rogers - CNBC 28 December 2011

min 3.35

[traderabc] 30/12/2011 13:16

It's heartening to see these students putting their very expensive education to some good use.



Princeton Brews Trouble for Us 1 Percenters: Michael Lewis

Michael Lewis, ©2011 Bloomberg News

Thursday, December 29, 2011

(Bloomberg) -- To: The Upper Ones, From: The Strategy Committee, Re: The Alarming Behavior of College Students


The committee has been reconvened in haste to respond to a disturbing new trend: the uprisings by students on elite college campuses.

Across the Ivy League the young people whom our Wall Street division once subjugated with ease are becoming troublesome. Our good friends at Goldman Sachs, to cite one example, have been forced to cancel their recruiting trips to Harvard and Brown. At Princeton, 30 students masquerading as job applicants entered a pair of Wall Street informational sessions, asked many obnoxious questions ("How do I get a job lobbying the U.S. government to protect Wall Street interests?"), rose and chanted a list of charges at bankers from JPMorgan and Goldman Sachs, and, finally, posted videos of their outrageous behavior on YouTube.




JP Morgan-Chase Mic-Checked at Princeton University