Best Of The Best Share Discussion Threads

[traderabc] 03/4/2009 12:23

Capitalism Did Not Fail
Capitalism and free markets did not fail - they weren't allowed to work by Central Banks, which wouldn't let people fail, starting with the bailout of Long Term Capital Management in 1998.

April 3, 2009
300 Million Americans are Propping Up a Few Guys
We had automobile companies, airlines, retailers going bankrupt for hundreds of years. We still have cars, we still have planes, we still have shops. What do you expect them to say? Off course they say there is systemic risk, then they panic Washington and say "give us more money". And they keep their Lamborghinis and their houses.

That is not the way is supposed to work. 300 million americans are propping up a few guys so that they can keep their Lamborghinis. Its outragous economics and morality.

Jim Rogers is a legendary investor known for his ability to predict major long term trends in several markets. Jim trades and tracks commodities, stocks, futures and interest rates all over the world. Jim has travelled extensively around the world and has written some of the best investment books available for traders. His latest book is a Bull in China, a book about the chinese stock market.

Stock Market Rally and Commodities
The rally is very powerful and looks as though its the kind of thing that might go on for a while. I am not participating, I think we may have hit a bottom but not the bottom. I am sitting and watching.

I have been buying more commodities because if we have hit bottom commodities are going to lead the way out of it, and if we haven`t, commodities are not going to go down that much.

I have been buying agriculture products, if you look to what has happened since November, December, commodities have done the best, some of them are up 20 to 25%. The only place I know where the fundamentals are getting better continues to be commodities. Farmers cannot get loans for fertilizer. Nobody is going to open a new mine. So the supply of all commodities continues to go down. The fundamentals for General Motors are not improving, the fundamentals for Citigroup are not improving but they are improving for commodities.

[traderabc] 03/4/2009 12:21

Jim Rogers Go Get yourself a Tractor 1st Apr 09

[traderabc] 31/3/2009 17:02

This is all in Chinese except for the bits where Rogers speaks. Still ,he gives those Chinese a few pearls of wisdom.


Jim Rogers debate Professor Lang on how to invest. TV debates/talk shows are very common in Taiwan and China on many different issues.

pt 1 Mar 2009



Part 2



Part 3





Stock Market Rally and Commodities
The rally is very powerful and looks as though its the kind of thing that might go on for a while. I am not participating, I think we may have hit a bottom but not the bottom. I am sitting and watching.

I have been buying more commodities because if we have hit bottom commodities are going to lead the way out of it, and if we haven`t, commodities are not going to go down that much.

I have been buying agriculture products, if you look to what has happened since November, December, commodities have done the best, some of them are up 20 to 25%. The only place I know where the fundamentals are getting better continues to be commodities. Farmers cannot get loans for fertilizer. Nobody is going to open a new mine. So the supply of all commodities continues to go down. The fundamentals for General Motors are not improving, the fundamentals for Citigroup are not improving but they are improving for commodities.

[traderabc] 30/3/2009 13:40

Britain is Bankrupt

[traderabc] 28/3/2009 14:33

Faber has been getting it 'right' for years .

Jim Rogers Hosts Marc Faber to discuss world economy 2005 pt 1/5 a must watch

Part 1


Part 2


Part 3


Part 4


Part 5

[traderabc] 27/3/2009 13:36

JONO1

Lol !!

You might like this one..

DEBT FOR ALL FOR EVER

[i_hopi] 27/3/2009 12:51

I like Jim but he even missed the fundamental point about Rolls Royce when he slagged off UK and 'lack' of British exports.

The same goes for British Aerospace.

All he could think of telling us was that UK's oil will run out and he confused Rolls Royce cars with the RR. gas turbine and engineering industry.

His conclusion was we have zilch exports. Completely wrong.

[jonno1] 27/3/2009 12:16

this guy speaks more sense, although I do follow Jim as well

[traderabc] 27/3/2009 12:01

Fox news being very jingoistic and dim as usual....

Jim Rogers Geithner does not know what he is doing ...

[049balt] 27/3/2009 11:57

Agreed. but he should have answered the question!

[traderabc] 27/3/2009 11:51

049balt
You are missing his point, if they don't get credit,the fundamentals just IMPROVE for the underlieing commodity.

[traderabc] 27/3/2009 11:49

Jim Rogers Speaks about his worldwide trip pt 1/2

Sorry but I can't find part 2 of this interview.



Should be here somewhere

[049balt] 27/3/2009 11:49

Did you notice that Rogers failed to answer the question, where will the farmers and miners get credit from?

[traderabc] 27/3/2009 11:42

.Jim Rogers you should start an agricultural business 25 mar 2009

[traderabc] 26/3/2009 15:47

Jim Rogers Sold his Historic NY Home and Moved to Singapore ...

[traderabc] 26/3/2009 15:42

Jim Rogers Biggest investment Mistake

[tsunamai] 26/3/2009 14:38

Here is the best video because it has Gordon Brown avoiding any real answers which is illustrated in the last 15s by some french MEP saying nice speech but what are you really going to do about it. And its a general summary of the lambasting he recieved.

[tsunamai] 26/3/2009 14:18

This guy came on before Daniel Hannan. What worries me is why Gordon brown smiling like a Cheshire cat when hes talking about how much gold he sold for sweet FA compared to today's price.

-

"Gordon Brown meets the real opposition when he visits Strasbourg. (Update - For those of you who have asked, Nigel spoke a few moments before Daniel Hannan had his turn at lambasting Gordon Brown)"

[traderabc] 26/3/2009 14:09

Sad but true...

Daniel Hannan MEP: The devalued Prime Minister of a devalued Government

[traderabc] 26/3/2009 11:57

gcom2
Shouldn't you be at school?

[i_hopi] 26/3/2009 11:49

Who needs George or Jim ?

'Time was, you needed a cash cow, I'd be the man to rope it in for you.
Hell now all you need is a computer. It's a damn sight easier than the old days. We're living in modern times friend, yeeehh haaahh'!

Old cowboy on Bloomberg.

I was born 30 years too early or computers/internet access to markets 30 too late.