Best Of The Best Share Discussion Threads

[traderabc] 11/2/2009 13:17

Something I bought into a few months ago at about 5.5, It's the sort of thing Jim Rogers has been banging on about for years. Nice and cheap now(I think)
We all should know how these commodities can fly when the time is right. I have no idea if this is a good time to buy but I do know that in a world of hyper inflation these could go off the chart.
Bear in mind these are not an investment for many years as they have an element of time decay due to the nature of the underling instruments used ie futures contracts.

SOYBEANS-CORN-WHEAT-COFFEE-SUGAR-COTTON etf (AIGA)

[traderabc] 10/2/2009 14:52

Expert Commodity Picks for 2009: Jim Rogers and Marc Faber

[traderabc] 10/2/2009 14:45

Wonder if we will have a massive North Sea Oil find

They have been looking for 30 years, every year they don't find the 'big one' makes it less likley they will ever find it. The only thing going in their favour is new technology which does a better job in the search.

[ignoble] 10/2/2009 14:23

Wonder if we will have a massive North Sea Oil find in the coming years to get the U.K. back on track !
It was always rumoured there is still masses of the stuff North of Scotland !
Time will tell ...
(no advice intended , just speculating)

[traderabc] 10/2/2009 14:18

Jim Rogers has got it wrong? Time will tell. Compare his track record with that of the Telegraph and its writers. Here is someone who probably isn't even a millionare let alone a billionare, yes he are entitled to his opinion, but would you put your money into that opinion? I wouldn't.

Jim Rogers got it wrong - UK and the pound are not 'finished'
The UK, running out of oil, is "finished" and may see the pound fall close to parity with the US dollar. So said famed US investor Jim Rogers.


By Ian Campbell, breakingviews.com
Last Updated: 2:34PM GMT 04 Feb 2009

He got it slightly wrong: the UK is not closing up shop like a bankrupt oil firm, just closing temporarily for a financial meltdown - and some snow.

The pound's plummet, as if from a cliff, is the unhappy end to a complacent climb. Go back to 1997 and the UK's trade and government budgets were in balance. But during the years of the housing boom and rising government deficit the UK's trade position worsened: to a colossal £89bn goods deficit in 2007. Almost half that gap was funded by exporting services to foreigners; the other half by capital inflows.

Capital was overly plentiful. Much of the very high net annual capital inflow of £30-£40bn over the past three years was generated by the Monopoly-money worldwide dealings of UK banks, whose external liabilities in September amounted to $7 trillion, a $2.6 trillion rise in just three headless years. UK gross domestic product is only $2.1 trillion.

But now all has changed suddenly. Lenders everywhere are pulling back. The inward flow of capital into the UK has disappeared and is likely to have given way to an outflow. With calm not yet restored, the powerful under-current of departing capital may drag the pound down to surprising depths, close to parity with a dollar which is benefitting from its reserve currency status - despite America's own egregious imbalances.

Once the capital account has stabilised, the pound would be likely to bounce - if only to a level still far lower than in recent years. But its weakness will be salutary. The trade deficit will plunge and the external accounts rebalance. Export-UK will be born, selling everything possible - though, as Rogers says, not as much oil as before.

That's the brighter UK future - on the horizon still, unfortunately, while sombre clouds called recession, budget deficit and debt glower overhead. The fiscal cloud, if not dispelled in time, could make the fate of the UK and the pound still worse. But there is time to avert fiscal collapse, and if the pound were to dive to Rogers's depths, its visit should be short-lived.

[traderabc] 10/2/2009 13:34

This is a top documentary

Esoteric Agenda

President Kennedy went to the United Nations, September 1961, and he
presented the United States program for general and complete disarmament in a
peaceful world. during a speech and he said this is the official program of
the United States of America. It s a disarmament program it calls for the
United States to turn over its military to the United Nations. Now let that sit
for a second It calls for the United States to turn over its military to the
United Nations . The program ends by saying progressive control disarmament
would proceed to appoint where no state would have the military power to
challenge the progressively strengthened U.N. peace force. The U.N. would have
all military power.

Every twenty-six thousand years our solar system passes through the twelve
zodiac signs. Ancient civilizations such as the Hopi, Egyptians, Cherokee,
Apache, and the Mayans were aware of this great cycle and developed calendars
according to it. This cycle stems from many different occurences in nature such
as the suns orbit around Alcion, the central star of Plaidies, as well as the
260 day cycle of human gestation. This cycle is broken down into five sub-cycles
of 5,125 years each which were thought to have their own age. The Aztec
Calendar, or Meso-American Sun Stone, depicted each cycle being destroyed by one
of the five elements. The cycle we are currently in is the age of the fifth sun.
3113 BC to 2012 AD. More precisely this great cycle ends December 21, 2012.
Mayan cultures and civilizations were aware of this end date and Nostradamus
even prophecized about it.

The IRS isn t even an agency of the United States government. If you don t
believe me look up IRS Publication 6209. It is an agency of the IMF which if
governed by the United Nations. The FCC, CIA, FBI, and NASA were never a part of
the United States Government. The US government only holds shares of the stock
in various agencies. Social Security numbers are also issued by the UN through
the IMF.

In the early 1900s, after a failed attempt by Woodrow Wilson to set up what
was called the League of Nations following World War I, Wilson and his adviser,
Colonel House, set up the Institute of International Affairs. This institute had
two branches. One set up in England called the Royal Institute of International
Affairs and the Council on Foreign Relations

and on December 20, 1993 George Herbert Walker Bush was knighted by the Queen
of England as a Knight Grand Cross, the most honorable Order of the Bath, for
his leadership in the Gulf War. Does it strike you as odd that our President,
our leader, kneeled before the Queen of England in a ceremony that symbolizes
allegiance?

On March 20, 2003, President Bush launched the bombing of Baghdad at 5:50
Baghdad time. This lasted until March 21st. It was called shock and awe by the
mainstream media. But, according to the mystery religion this date is known as
the Eve of Ostara, more commonly known as the Spring or Vernal Equinox.
Occultists worship the Godddess of the Earth, Gaea, on this day. The druids knew
this date as the Spring Fertility Rites,the Day of Feast. The war was promptly
ended on May 1, 2003 (day of Mission Accomplished ). This date is known on the
druidic calendar as Beltane,or Walpurgis Night. It was named after St. who is
the pagan goddess of fertility. From March 20th to May 1st, the pagan ritual is
to give blood to Earth and renew life to the goddess of fertility. What better
time for them to declare a bloody war on the days of a ritual sacrifice and end
it exactly when the pagan ritual ends.


Esoteric Agenda



This one is more 'spiritual' and less 'political'. Probably the better one to watch if you don't have the time.

KYMATICA: The sequel to ESOTERIC AGENDA

[traderabc] 10/2/2009 13:17

Rogers is predicting a hyper inflationary environment coming our way.
Our currency (£) will continue to fall as prices of goods rise rapidly. Wage increases will not keep up. We will be getting poorer faster than we ever thought possible. Our Government (left or right) will become increasingly desperate, they will do stupid things which will only make things worse (bail outs, slashed interest rates)



German hyper inflation

[traderabc] 10/2/2009 12:03

Brazil is having a boom, it is a commodity based economy, if they are well run and not too corrupt, those are the types of economies that will do well. Their currencies are backed by something tangible and real.
Commodities offer REAL value. 'Paper' economies (eg UK, USA) offer a future of inflation, capital destruction and fraud.
What would you rather own, a piece of paper issued by a liars and crooks or something of REAL, value, something that cannot be 'printed' at will by the corrupt central banksters?
It is easy to claim that what has happened recently is down to greed and/or incompetence, however it is something much more sinister that is going on, an agenda that unfolds decade after decade regardless of whether the 'left' or the 'right' hold power.

The new world order are REAL, they are 'running things' and they don't give a toss about us, our families, or even our country. We are expendable, make no mistake about that. They regard us as useless 'eaters' wasting 'their' resources and polluting 'their' planet. Hard to believe but true. I have done the research, the evidence is overwhelming, just check out the historical track record of organizations like Bilderberg, The Trilateral Commission, & The Council For Foreign Relations, or just listen to that monster Kissinger...

[traderabc] 10/2/2009 11:52

Something I posted on the gold thread , relevant here methinks..

'I would like to know if anyone has a view on which currency is likely to win (he means lose) the the race for the bottom'

I can think of a few £ euro $. The winners could be, the Chinese yuan, the singapore $, the Jap yen,(edited* the Malaysian Ringitt) and perhaps the swiss frank,the Aussie $ and the Canadian $* (*if it doesn't become the amero)
Gold , silver, platinum also all offer alternatives to sterling.

[westcoastrich] 09/2/2009 20:17

talking heads road to nowhere



Well we know where were goin
But we dont know where weve been
And we know what were knowin
But we cant say what weve seen
And were not little children
And we know what we want
And the future is certain
Give us time to work it out

Were on a road to nowhere
Come on inside
Takin that ride to nowhere
Well take that ride

Im feelin okay this mornin
And you know,
Were on the road to paradise
Here we go, here we go

Chorus

Maybe you wonder where you are
I dont care
Here is where time is on our side
Take you there...take you there

Were on a road to nowhere
Were on a road to nowhere
Were on a road to nowhere

[hazelton] 09/2/2009 19:36

I do recall that Jim Slater was very positive on Brazil a few years ago.

[traderabc] 09/2/2009 14:33

Jim Rogers on Brazil

"What is happening now is good for the fundamentals of raw materials so, all those countries that produce stuff , like Brazil that is a reasonably well managed country now, are going to do much better than the others." JIM ROGERS

[hazelton] 08/2/2009 14:41

It is currently on my favorites. I saw interviews on the FT site last year and became interested. I am probably less concerned with long term investment and more concerned about buying things that go up in value. It is with thus I keep an eye on the inflation market and commodities. Both I hope will give me some trends to follow.

[traderabc] 08/2/2009 14:11

February 08, 2009
Metals and Military Spending
What about metals, specifically Titanium?

JIM ROGERS: Titanium? There is no futures markets in Titanium first of all, so I don`t pay as much attention to it. Most countries are now for better or for worst spending more on military, the Chinese, the Russians and other countries, have said they are, and if they spend money on military, titanium is one of the beneficiaries. Obviously commercial aircraft production is going to go down but it looks like its going to be offset by military. I don't own titanium but I suspect that if I had to do something in Titanium, I would rather own it then not own it.

[hazelton] 08/2/2009 13:42

Quite inspirational and quite worrying. I feel that there is a lot of truth in what he says. The harsh realities are not the sort of thing that most political leaders would like to do. I wonder how Mr Obama would view this argument.

Equities , most of us are exposed to them via the institutions and its hard not to be , so many of us lose.

But forewarned is forearmed and there are strategies that can help. It would be good to have a bit of debate about these on this thread.

[traderabc] 08/2/2009 12:35

Hazleton, There is much we can do. I'm very glad I listened to this guy years ago. I own Gold, Silver, Palladium,and Platinum. A few of them have been beaten down harshly, I'm not that bothered as I'm sure they will be very good LONG TERM investments.

This new world order engineered 'crisis' gives many a last chance to PROTECT themselves from what is comming. Get the hell out of sterling in the next 3 to 6 months.

Put this thread in your favourites, I have a lot more to say about the global fraud going on presently ; -)

[traderabc] 07/2/2009 21:51

A Jim Rogers Bolg

[traderabc] 07/2/2009 19:20

This is Just the Beginning

Peter Schiff
Feb 9, 2009

The intense scrutiny recently paid to my investment strategy in the immediate wake of the financial crisis of the last six months has unfortunately obscured the central element of my larger economic forecast. The standard line has been that although I was able to predict the crash, in the form of the housing collapse and the credit crunch, my expected fallout of a weaker dollar and global decoupling has been proven false. However, this assumes that the crash has fully played out. In reality, all we have heard thus far is the overture.

In 2008, the bubble economy that I had meticulously described years ago finally hit the pin that I knew was out there. The corporate losses, frozen credit markets and plunging home prices were the opening salvo in the unfolding economic crisis. However, the vast majority of air has yet to leak out of the bubble. As it does, the U.S. economic crisis will kick into a much higher gear. I have positioned my clients to withstand the full fury of the gale, and when it finally comes, the question "was Peter Schiff right?" will finally be answered.

Thus far, our economy has actually been spared the worst due to the temporary strength in the dollar and the recent desirability of our Government's debt. These movements derailed the short-term performance of many of my investment recommendations (though clearly not to the extent alleged by my critics) and threw a life-line to the downing U.S. economy. The demand for U.S. Treasuries has led to one of the sharpest dollar rallies on record, which has helped bring about just as pronounced a decline in commodity prices. As a result, although consumer income has fallen, so too have prices and interest rates.

The stronger dollar gives the Federal Government plenty of cover to a pursue a policy of rampant monetary inflation in order to re-inflate the collapsing bubble. Even though the Federal Reserve has thrown trillions of new dollars into circulation, those dollars have actually gained purchasing power - contrary to economic law. This, along with inventory liquidations and going-out-of-business sales, has kept a lid on consumer prices. The continued, although misguided, appeal of U.S. debt has also made it possible for the government to garner cheap financing for its equally misguided and massive bails-outs and stimulus packages.

In addition to cushioning the blow for us, the dollar rally has exacerbated the pain abroad. As money has rushed to our aid it has created a global credit crunch. The rest of the world is not only dealing with losses on toxic U.S. credit instruments but is also shouldering the burden of financing our new borrowing as well. As foreign currencies have fallen, foreign consumers have not received as large a windfall as Americans have from falling commodity prices.

In effect, Americans have been using these life-lines to pull the rest of the world into the stormy seas. However, there are signs that those holding the lines are about to cast them adrift. The dollar rally has run out of steam, gold has clearly broken out, and commodity prices are moving back up. 2009 is already the worst year ever for US. Treasury bonds and foreign stock markets are once again outperforming ours.

This week President Obama claimed that failure to pass his economic stimulus bill will have catastrophic consequences for the U.S economy. The reality is the catastrophe will be far greater with his plan than without it. If the trends of January and early February of 2009 continue, the rug will be completely pulled out from beneath the U.S. economy, and the full cost of the President's "economic depressant package" will be apparent to all.

If foreign capital does not continue to pour into Treasuries, interest rates and consumer prices in the U.S. will soar. At that point, we will finally be confronted with the real crises that I have long predicted. When the day of reckoning arrives our policy response will be critical. If we continue on the course our new President has mapped out, the catastrophe will far exceed the scope of any he hoped to avoid.

###

[traderabc] 07/2/2009 19:20

Jim Rogers has publically supported Ron Paul with his election campaingn. Ron Paul is one of the only US politicians who has been speaking sense for over a decade.

Ron Paul 2012- Ron Paul AMAZING speech on House floor 1-22-09

[traderabc] 07/2/2009 19:20

Ron Paul Madoff "Irrelevant SEC + Congress + Moral Hazard + US Gov't Ponzi Schemes



The Simple Life of Jim Rogers

[tapender] 07/2/2009 16:44

The King has to be up there

[edmondj] 07/2/2009 16:27

Here's another version featuring Bogart, the original Grumpy Old Man:

[tapender] 07/2/2009 16:20

There can be only one !