Best Of The Best Share Discussion Threads

[traderabc] 02/2/2012 11:59

http[KR243] Keiser Report: Starving the Economy

[traderabc] 01/2/2012 15:28

Wednesday, February 1, 2012
Jim Rogers: Not Buying Any U.S. Stocks

[traderabc] 31/1/2012 20:34

Economics Lesson 1




Paul Craig Roberts
Prisonplanet.com
January 31, 2012

Last Friday (January 27) the US Bureau of Economic Analysis announced its advance estimate that in the last quarter of 2011 the economy grew at an annual rate of 2.8% in real inflation-adjusted terms, an increase from the annual rate of growth in the third quarter.

Good news, right?

Wrong. If you want to know what is really happening, you must turn to John Williams at shadowstats.com.

[traderabc] 31/1/2012 20:27

Waist Deep in the Big Muddy

Peter Schiff
Euro Pacific Capital, Inc.
Posted Jan 31, 2012

With its announcement this week that it will keep interest rates near zero until at least late 2014, the Federal Reserve has put another large crack into the foundations underlying the US dollar. In a misguided attempt to provide clarity and transparency, Ben Bernanke has instead laid out a simple road map for economists and investors to follow. The signposts are easily understood: the Fed will stop at nothing in pursuing its goals of creating phantom GDP growth, holding down unemployment, propping up stock and housing prices, and monetizing government debt. To do so, it will continue to pursue a policy of negative interest rates, while ignoring the collateral damage of unsustainable debt, virulent inflation, misallocated resources and credit, suffering yield-dependent retirees, and a devalued U.S. currency.

[traderabc] 31/1/2012 14:29

[KR243] Keiser Report: Starving the Economy

[traderabc] 30/1/2012 21:07

Monday, January 30, 2012
Jim Rogers : no country will leave the Eurozone in 2012

Rogers starts min 3.

Jim Rogers : no ,I do not think we are going to see anybody leave the Eurozone in 2012 , more problems in 2012 but there are 40 elections around the world in 2012 Christine governments everywhere are going to be doing their best to make sure we get through the election may be 2013 you should be panicked certainly by 2014 you should be panicked , 2012 I think we will be better

[traderabc] 30/1/2012 21:06

Monday, January 30, 2012
Jim Rogers Interview CNBC 30 january 2012

Jim Rogers : Finances is going to be a terrible places to be for the next 15 to 20 years all these guys who are getting MBAs are making terrible mistakes because there is not going to be a lot of money in finance

[traderabc] 30/1/2012 15:59

Pento - Gold Shines as West Continues to Destabilize the World


Today Michael Pento told King World News real inflation is running as high as a staggering 9%, and continued inflationary Fed policies are going to wipe out what's left of the middle class in America. Pento, who founded Pento Portfolio Strategies, said the Fed is creating a bubble which is 10 times greater than the real estate bubble. Pento had this to say about the situation: "The middle class was already on the endangered species list and now it's moved right to the top of that list. The reason the remnants of the middle class face even more danger is the Fed is now guaranteeing minimum targets of decline in the purchasing power of the dollar each and every year."


Michael Pento continues:

[traderabc] 30/1/2012 12:42

[KR242] Keiser Report – State of the Banana

[traderabc] 30/1/2012 12:42

apdi71 - 27 Jan'12 - 22:17 - 3576 of 3580

Thanks for those two.

[traderabc] 30/1/2012 12:25

We're heading for an ECB debt crisis, Farage.

[traderabc] 30/1/2012 12:22

Jim Rogers on the future of the UK economy

Not sure of how old this one is.

[traderabc] 30/1/2012 12:04

Sunday, January 29, 2012
Jim Rogers : I see shortages of commodities and natural resources coming

Jim Rogers : "Right now, the U.S. and Europe are the largest economies in the world. If and when the U.S. and Europe have problems, everyone is going to have problems, it doesnt matter if you're a creditor and doing everything right or not, you're going to have problems and so are they. But they are trying to re-orient. Asian countries are going around the world buying up plantations, buying up oil fields, buying up natural resources. I see shortages of commodities and natural resources coming and apparently they do too. China is making their currency more international so they can stop using the U.S. dollar when they're ready to. Japan does most of its trade with Asia now [instead of the U.S.]." - in The Money Man

[traderabc] 30/1/2012 12:03

I would take partial profit here.


You're probably right navyan, but I won't, I'm in this for the long term and hopefully the big money, that said I might dump my leveraged position fairly soon as that one isn't really an investment, it's more of a gamble.

[apdi71] 27/1/2012 22:17

Some interesting current Austrian commentary:

How the Private Bankers Are Using the Financial Crisis to Reshape World Government


other interesting recordings from the same meeting can be found using "mises circle houston 2012" as a search term in youtube.

Tom Woods takes a well aimed swing at lefty misconceptions in his contribution:

[navyan] 27/1/2012 19:23

trader, well done for holding onto the silver position. I would take partial profit here.

Silver 1hr chart update:

chart from 6th Jan:



Chart today, trading into the resistance zone 33.63--33.92 it has rallied 500pips since the last update!

[navyan] 26/1/2012 23:29

wonder how is Jim's short on US and Europe stocks doing now.

[traderabc] 26/1/2012 19:21

[KR241] Keiser Report – Kill Hollywood!

Max interviews Mike Ruppert

[traderabc] 26/1/2012 19:03

"I am not here to cheer you up. The situation is about as serious and difficult as I've experienced in my career... The best-case scenario is a deflationary environment. The worst-case scenario is a collapse of the financial system... At times like these, survival is the most important thing."
-George Soros January, 2012

[traderabc] 26/1/2012 00:36

Just maybe the UK could win the £1 TRN Universe Lottery.

Sigh



The UK has 300 years worth of coal apparently, perhaps that's our 'lottery ticket', though it's going to be a lot of hard work digging it all out.

[traderabc] 26/1/2012 00:18

Sunday, January 15, 2012
Jim Rogers Economic Times of India Interview - 13 January 2012

[traderabc] 26/1/2012 00:17

Monday, January 16, 2012
Jim Rogers video Interview Russia Today - 16 January 2012

[kroberts] 24/1/2012 20:46

Just maybe the UK could win the £1 TRN Universe Lottery.

Sigh