Best Of The Best Share Discussion Threads

[traderabc] 03/7/2009 11:46

China pushes for SDR to displace US dollar - 28 Jun 09

[traderabc] 02/7/2009 21:54

Thursday, July 2, 2009
China's century?

China is the rising economic super power , will this century become the China's Century as prophesied by Jim Rogers , in this video you get the "russia" version of the facts , Russia is a neighboure to china , they both used to be part of the communist block but unlike China , Russia never had the economical success china was able to achieve in so small time despite the fact that china is still officially a communist country..

(26 min)

[traderabc] 02/7/2009 12:33

The Magic of the Golden Cross-Over
in Gold, Silver and Huey.
by Peter Degraaf | July 1, 2009


A Golden Cross-over, or Positive Cross-over is when the 50 Day Moving Average (50D), moves above the 200 Day Moving Average (200D).

There are three kinds of these patterns.

1 The cross-over occurs when both the 50D and 200D are falling.
2 The cross-over occurs when the 50D is rising, while the 200D is falling.
3 The cross over occurs when the 50D and 200D are rising.

[traderabc] 01/7/2009 17:20

This is quite an in depth interview,

I posted part 1 of this Soros interview yesterday, here are all 4 of them together, well worth the time.

part 1 (skip the first 4 mins unless you speak Chinese)



part 2


part 3


part 4

[traderabc] 30/6/2009 23:18

Global starvation imminent as US faces crop failure
2009-06-19 14:20:00




By Marc Davis
The world faces “mass starvation” following North America’s next major crop failure. And it could even happen before year’s end. So says Chicago-based Don Coxe, who is one of the world’s leading experts on agricultural commodities, so much so that Canada’s renowned BMO Financial Group named the fund after him.

[traderabc] 30/6/2009 22:49

Print More Money to Avoid Bigger Slump: Hendry

By: CNBC.com | 30 Jun 2009 | 08:05 AM ET

Fears about inflation and hyperinflation could create another economic downturn, bigger than the one the world went through, Hugh Hendry, chief investment officer at hedge fund Eclectica, told CNBC Tuesday.

[notanewmember2] 30/6/2009 17:10

post 493 - OK, thanks.

[traderabc] 30/6/2009 12:42

AGRI-FOOD THOUGHTS
by Ned W. Schmidt, CFA, CEBS
Schmidt Management Company
June 29, 2009

The American Clean Energy and Security Act of 2009 (ACES), a 1,300 page yet to be written law based on clearly and widely acknowledged junk science, has been passed by the U.S. House of Representatives. Few sessions of the U.S. Congress have been able to pass two major pieces of extremely bad and damaging legislation in such a short time. However, even in a law as bad as this one we should be able to find some ways for investors to profit.

One needs to only understand the implications of such monumentally misguided legislation. Such laws provide for government regulations to impair and restrict consumer, business, and commercial activities. As a consequence of that, less of everything will be made. The creation of regulations, such as this law intends to accomplish, will reduce total output of the U.S.. Government regulations only serve to reduce the total output of a nation. Government regulations never increase the output of a nation.

Second, the imposition of government regulations, as proposed by this law, will only serve to raise the future price of everything. Removal of regulations, on the other hand, lowers prices. Such expectations have been confirmed repeatedly, from natural gas to airline tickets to phone calls. Government regulations force costs up, and marginal producers are forced out of business.

[traderabc] 30/6/2009 11:54

Like Buffet, Soros is telling us that the central banksters 'saved us'.
This is such a lie, central banking practices are what got us into this mess.
Most of the big players cannot bring themselves to admit this fact, Rogers is one of the rare exceptions.

[traderabc] 30/6/2009 11:47

I liked this bit

Soros 'The market creates bubbles'
'Without regulators the market would have collapsed a long time ago'


Min 4
Chinese guy 'Your argument is not very convincing'
'Throughout history ,the most important phenomena (to create a bubble)is when government created too much money'

This Chinese guy hits the nail on the head, his point about the 1920-21 crash is completely valid. It was intervention that made the depression a 'great' one, a decade latter..

Regulation only happens after the event, the smart operators get round it, then get bailed out when it blows up. Bailing out crooks or fools is a disastrous policy.

[edmondj] 30/6/2009 11:26

Not surprisingly (as a Rogers fan) you've missed off Soros' less than flattering remark: 'He was never allowed to pull the trigger' in the partnership, i.e. deal.

Or maybe Soros just has a bigger ego, lol!

[traderabc] 30/6/2009 11:24

This is intresting.

Monday, June 29, 2009
George Soros : Jim Rogers used to work for me .."he is a wonderful security analyst, he worked tremendously fast , he did the job of 8 people , so we had a very successful partenership , but he did not want another 7 people working next to him , so we had to part company...and since then I do not think he had been such a great investor , but he was a very good analyst...his approach is very similar to mine obviousely...." "Warren buffett has a very different approach he looks at fundamentals...." added George Soros...this was recorded june 11 2009 on CCTV a Chinese TV...

[notanewmember2] 30/6/2009 08:23

Hello traderabc. Quick question how do you trade comods? ETF, speadbet, CFDs, futures? Thanks

[traderabc] 29/6/2009 21:22

"One of the most significant laws in history and Congress can't be bothered reading it. Sounds like the Patriot act"

Peak Oil=Peak Food

Bob Moriarty
Jun 30, 2009

Most educated people are fairly comfortable with the concept of peak oil. Oil fields worldwide gain in production until production peaks and then it goes down. Peak oil does not mean we have run out of energy, it just means it will become scarce and more expensive. There will be less around to share.

Food requires fossil fuel to produce. There are formulas covering just how many kilocalories of fuel it takes to produce calories of food but in simple terms, if you have peak oil, you also have peak food. With a third of the world surviving on $2 a day, billions of people in the world are on the edge of starvation daily. Peak oil appears to have been in May of 2005.

If the price of gasoline doubles, consumption goes down. That's how economics works, it is taught in Economics 101. As price increases, demand goes down. But what happens when the price of food doubles? Are you going to consume half as many calories? [Editor's note: Actually that's a good idea, if most people in the Western world consumed half the calories, they would be a lot better off, physically, financially and therefore mentally.]

The world faces a giant issue with that of peak food and it's not something you hear discussed very much but it's very real. We need to produce more food. We somehow need to do it with less energy.

We don't hear very much about global warming anymore except from Al Gore. Everyone else recognizes it for what it really is, climate change. And everyone in the mining business knows that the climate has been changing on a regular basis for eons. But the climate change looks a lot more like global cooling than global warming.

Global cooling could prove to be a bigger problem than global warming and far sooner. Don Coxe of the BMO Financial Group reports that the world could face global starvation if North America has a major crop failure. Furthermore, the next food crisis, when it comes, would be a far bigger shock than $147 oil.

Coxe says, "It could happen as early as this fall if for instance we have a killing freeze in Iowa in August."

The US Congress in it's infinite wisdom has just passed the largest tax increase in history all based around the flawed theory of global warming based on the production of greenhouse gasses. It was a brilliant political move worth of an institution made up of pimps and prostitutes. Not a single CongressCritter read the bill.

They couldn't have, it wasn't printed up before the vote. [Editor's note: And it was timed well, the global media's attention was totally and absolutely taken over by the coverage of the death of Michael Jackson].

It will be the largest tax increase in history and consisted of 1,201 pages of text. You may feel like shuddering, I do. One of the most significant laws in history and Congress can't be bothered reading it. Sounds like the Patriot act. The cost of energy is about to jump in the United States and that means the cost of food is about to jump.

[traderabc] 29/6/2009 17:21

'So that means there was a time you have trusted him.'

I still respect the man, It isn't really debatable that the guy is very smart. I just cannot bring myself to trust someone who openly congratulates the FED, the very people responsible for the economic crisis.

'You want people to jump from a cliff. I can hardly blame them for not doing it'

I do? News to me. I just want people to acknowledge the truth of our situation. I want people to stop parroting the lies that got us into this mess in the first place and hold the people who are responsible to account. The FED in other words.

'I think Buffett calls himself a patriot. Stand up against the doomdayprayers.'

Buffet is no 'patriot', he's very much the establishment. He has never said a word against the FED, never supported Ron Paul,never spoken out against the military industrial complex, never condemned US legalised torture, never spoken out against the patriot act, I could go on and on.

[dutch alert] 29/6/2009 14:59

You say you don't trusted him anymore. So that means there was a time you have trusted him. I find him very consistend in his approach. I see no change.
You want people to jump from a cliff. I can hardly blame them for not doing it.
I think Buffett calls himself a patriot. Standup against the doomdayprayers.
Again you can hardly blame him for not play lipservice to the shorters.
You also can hardly blame him for defending the interests of Berkshire. He is smart and a lot of people can not stand that.
I think you can very good know his vision on the dollar. Again he privately switch from bonds to shares. Berkshire is expanding outside the US. But put it into context - he stays in the US because he expects you can make a hell of a lot money in the US in duecource.

[traderabc] 29/6/2009 13:41

This is good.

Hyperinflation Nation


Youtube
Monday, June 29, 2009

Hyperinflation Nation starring Peter Schiff, Ron Paul, Jim Rogers, Tom Woods, Gerald Celente, and others. Prepare now before the US dollar is worthless.

Part 1


Part 2


Part 3

[dutch alert] 28/6/2009 15:26

In the last twenty years it was common to say mr Buffet has lost it.
But after the hype he was always right. For his privat money he said
he would sell all his bonds and put the money in his kind of shares.
Don't underestimate him. His record is better than the one of Rogers.

[tsunamai] 28/6/2009 14:24

Charlie Brooker returns to train his sights firmly on news and current affairs.

He looks at the news's obsession with the credit crunch, and the potty levels it has reached.



ITV Daytime TV Show calls for 'French Revolution Style Revolt' :) after 6m12s

11m45s - Rebranded 'credit crunch' as "Moneygeddon" so instead of depressed we can be angry, united and thrilled all at the same time. This re-branding of the credit crunch was depicted by trying to sell merchandise, namely Gordon Browns Face on a T-Shirt with the writing EPIC FAIL. Coffee mugs that say I'm a mug if I bought a house in 2007, Keyrings that say you can take my house, even the keys to my house; but i'll still have this keyring. Lastly, Water that tastes of tears.

[traderabc] 27/6/2009 22:45

On the Edge with Max Keiser - 26 June 2009 (pt1 of 4)