Best Of The Best Share Discussion Threads

[traderabc] 23/8/2009 13:07

Food Shortages Coming to America?

[traderabc] 23/8/2009 13:06

The New York Times, in a 1909 editorial opposing the very first income tax, predicted:
"When men get in the habit of helping themselves to the property of others, they cannot easily be cured of it."

[dutch alert] 19/8/2009 12:04

China is Again Buying Long-Term U.S. Treasuries

I don't think they have consulted Jim

[traderabc] 18/8/2009 19:16

GOLD THOUGHTS
by Ned W. Schmidt, CFA, CEBS
Schmidt Management Company
August 17, 2009

Given the currently low level of the VIX, optimism among paper asset investors has been converted to outright enthusiasm. The world has been saved, according to many of these enthusiasts, and now unlimited and happy growth awaits us. All that is required is patience, for economic growth will blossom and paper equities will again shine. That optimism exists in light of the historical evidence that no market that has been run up by a credit bubble avoids a long, painful, ongoing lateral correction that last years. Were the optimists correct in their beliefs, the Japanese stock market would be at a new high. A recent check confirms that not to be the case, almost twenty years after the peak.

Seems like the only other indicator heading south as fast as the VIX is the approval rating of the Obama Regime. Per the much respected Rasmusen polling organization on Sunday, the Presidential Approval Index was at -9%, a record low, and only about 47% give a thumbs up to the Obama Regime. With the fading and failing of that group comes financial risk. How does one save one’ s political prospects, and maintain the power to make policy? There in lies the problem, the risk, and the potential reward for Gold investors.

[traderabc] 18/8/2009 19:12

Why Gold Will Break US$1,000
by Neil Charnock, GoldOz | August 17, 2009
Print

This title should also read “and why gold equities will fly”. At GoldOz we have successfully predicted the Price of Gold (POG) movements on a fairly regular basis the past few years. This is a bold statement backed up by public record. The long consolidation patterns in the POG in between the strong up-legs have been quite regular since 2002. The extent of each price rise has been harder to predict however so we steer clear of this claim and prefer to follow the market until it “feels” and acts like a top.

On balance the leading gold shares as a group have tended to under perform near POG market tops. They form exhaustion patterns and give the game (top) away as sellers move in and take profits. These have been the ideal times to sell and walk away and this takes discipline above all because these are also the times of greatest excitement. The up-leg advances have become stronger as the long term trend has progressed.

[traderabc] 18/8/2009 19:07

China is Again Buying Long-Term U.S. Treasuries . . . Does That Mean China is Betting on Deflation?


Washington’s Blog
Tuesday, August 18, 2009

For the first time since the financial crisis started, China is again ramping up purchases of long-term U.S. treasury bonds. Indeed, according to Bloomberg:

China’s holdings of notes and bonds climbed $26.6 billion in June to $617.7 billion, a 4.5 percent increase, while bill holdings fell 25 percent to $158.7 billion, the Treasury’s data showed.

The difference between treasury bills, notes and bonds are the length until maturity:
Bills are issued for terms less than a year
Notes are issued in terms of 2, 3, 5, and 10 years
Bonds are issued in terms of 30 years

Bloomberg also noted:

When the U.S. raised $75 billion last week, a group that includes international investors purchased a record amount of 3- year notes, the biggest share of 10-year notes since 2005 and almost half of the 30-year bonds sold, according to Treasury data.

Some smart people are arguing that this means that China’s head economists believe that deflation will prevail over fears of inflation.

Why?

[traderabc] 17/8/2009 22:56

John Pilger: Obama Is A Corporate Marketing Creation


Youtube
Monday, August 17, 2009

John Richard Pilger is an Australian journalist and documentary maker. He has twice won Britain’s Journalist of the Year Award, and his documentaries have received academy awards in Britain and the US.

[traderabc] 17/8/2009 22:18

Thanks nanm2,
I seem to recall Crispin Odey was a partner with Hugh Henry once. Henry is a sensible chap so I'll be following your thread with intrest.

[notanewmember2] 17/8/2009 21:09

BBC2 now, severe water shortages affecting agriculture in India

[notanewmember2] 17/8/2009 21:01

HI traderabc, i've started a thread on Crispin Odey, "odey" sort of emulating J Rogers with this thread. The man sees past the spin, so might be of interest to you to book mark. Cheers.

[traderabc] 17/8/2009 13:48

The Commodity World is Growing in Strength

Mary Anne & Pamela Aden
The Aden Sisters
Posted Aug 17, 2009
Courtesy of www.adenforecast.com

The commodity market is bubbling. Whether it be sugar reaching a three year high, copper and other base metals reaching almost one year highs, or oil and gold rising further. The markets are looking good.

They’re moving up on signs that the global recession is easing. This is boosting demand, especially in China and Asia, which is pushing prices up.

[traderabc] 17/8/2009 13:45

Sunday, August 16, 2009
China world expansion

China world expansion , China buying the world

A special in depth show focusing on china and its hunger for businesses and resources all over the world.
The world follows closely the US policies and wonders if Washington's economic plans will be misguided and result in a weakened US dollar.

[traderabc] 17/8/2009 13:43

pt 1/2 Jim Rogers still bullish on China 11aug

part1


Part 2

[traderabc] 15/8/2009 17:41

Marc Faber expects stronger dollar, says central bankers dangerous to the health of the global economy
Source: BI-ME , Author: BI-ME staff
Posted: Fri August 14, 2009 4:13 pm



INTERNATIONAL. Marc Faber the Swiss fund manager and Gloom Boom & Doom editor said a period of weak equities and rising dollar is likely to follow the strong rally since March.

Speaking to CNBC on Wednesday, Faber said: "Between 2002 and 2007 we had a bull market in assets and stocks and a weak dollar while in 2008 the opposite was true. This year, we bottomed out on the S&P 500 index but the dollar was weak."

"I expect now for the next couple of months a period of a recovering dollar and weak assets," Faber said.

[traderabc] 15/8/2009 17:35

"There's no reason to invest in gold," said 'Betsy'

Jeff Clark
Casey's Gold & Resource Report
Aug 14, 2009

"There's no reason to invest in gold," said the finance editor of a major newspaper interviewing me. "If gold goes up because of inflation, then so does everything else, so why buy it? It's not really a good investment."

She was serious. Yes, she is a finance writer. And yes, it's a newspaper you've heard of.

[049balt] 13/8/2009 19:20

There has been a sharp increase in the beef price over the last week, supplies have run out!

[traderabc] 13/8/2009 19:16

Missed this one a few days ago, Jim Rogers on Bloomberg, talking about sugar.

Monday, August 10, 2009
Sugar is in a bull market in Asia says Jim Rogers Biofuel Demand is soaring

Sugar extends rally to 28 Year High

[traderabc] 13/8/2009 19:12

Are We Being Conned About Gold Confiscation?

Doug Hornig
Editor, Casey's Gold & Resource Report
Aug 13, 2009

There's a lot of Internet chatter these days about the possibility of the U.S. government seizing its citizens' private gold holdings.

What are the chances?

[traderabc] 13/8/2009 19:12

A Conversation About Payroll Data
That You Never Saw On CNBC
by Robert E. Bronson, III
Bronson Capital Markets Research
August 12, 2009

Joereal at CNBC: We’re very pleased today to introduce Constant Pangloss for
his take on today’s payroll data report.

[traderabc] 13/8/2009 19:11

Feds to Little People
We Need Your Gold
by Stephen Kovaka, CPA | August 12, 2009


No, they haven’t done it yet. This is a headline from the future, as well as a story from the past that has been largely forgotten. But as the problems with unrestrained issuance of debt money continue to grow and leak into the realm of official discussion, it may well be coming. Leona Helmsley once said that “only the little people pay taxes”. Soon we may find that the little people will no longer be able to protect their wealth by owning gold or silver. Probably gold and silver have further to go in price, but I am suggesting that those price increases will continue to be suppressed and that government may well call in the gold before prices really take off, thus awarding itself the lion’s share of the appreciation that gold and silver owners have been waiting for, just as they did in 1933.

[traderabc] 12/8/2009 13:18

Food crisis could force wartime rations and vegetarian diet on Britons


Valerie Elliott
London Times
Wednesday, August 12, 2009

The British people face wartime rations and a vegetarian diet in the event of a world food shortage, a new official assessment on the UK’s food security suggests today.

Even though the nation is 73 per cent self-sufficient in food production, higher than during the 1950s, the food chain is at risk from global influences such as a worldwide increase in population, climate change bringing extreme weather patterns, higher oil prices and more crops being grown for bio-fuel instead of food.

Supplies in future may also be disrupted by animal disease outbreaks, disruption of power supplies, trade disputes and interruptions for shipping and at ports.

The UK however has one of the highest cereal production capabilities in the world with seven tonnes grown per hectare, compared a world average of 3.3 tonnes per hectare.

[traderabc] 11/8/2009 23:40

Graceland Updates 4am-7am
Dow Fire Starts. Buy Gold & Stay Strong

Stewart Thomson
email: [e-mail]
Aug 11, 2009

1. Fund manager Paul Tudor is not human. He's superhuman. He's the greatest money manager in the history of the world, and in my opinion, nobody is even close to him. The man uses massive leverage, yet he's never had a losing year since he started his fund 20 years ago. His biggest drawdown, ever, was only 13%. Massive performance combined with microscopic drawdowns is what defines the greatest fund managers.

[redprince] 11/8/2009 18:21

Im in silver and i hope/believe that Jim is right.It`s a great hedge against fiat devaluation right now imho and is said by many experts (im not one of them btw)to be significantly undervalued.DYOR and educate yourself - these times will present great opportunities for those with the guts to go against the flow.