Best Of The Best Share Discussion Threads

[traderabc] 25/3/2010 09:03

Gordon Brown ordered to release information about his sale of half of UK gold supply, must happen before election

Last night, George Osborne, the shadow chancellor, demanded that the information was published immediately. "Gordon Brown's decision to sell off our gold reserves at the bottom of the market cost the British taxpayer billions of pounds," he said. "It was one of the worst economic judgements ever made by a chancellor."

[traderabc] 25/3/2010 08:51

This should be shown to every school kid, it's quite easy to understand why it isn't.


Money As Debt Videos on YouTube comes in 5 easy to watch parts.



Money As Debt 1 of 5 Full HQ Video

[traderabc] 25/3/2010 08:46

Robert Kiyosaki Tells Us All Why "Cash Is Trash"
March 16, 2010
How to Buy and Profit from Real Silver Bullion and Coins

We use videos of world class economists and business leaders to demonstrate why you should and need to buy real silver coins and bullion now. The videos demonstrate that Silver coin and bullion prices are about to explode, so now is an incredible time to buy silver and help others buy and profit from silver...

Ed Freeman's Silver Snowball Program will reward you in American Silver Eagle coins every month, for doing just that.

Whether you buy into the economic collapse of paper money and the catastrophic effects of hyperinflation or not, buying real silver at this point in history could possibly be the greatest investment you ever make... as Robert Kiyosaki, author of "Rich Dad Poor Dad" clearly points out in this video.








Or go here for the two videos

Rich Dad Poor Dad's Robert Kiyosaki Reveals the SECRET SCAM of Worthless Paper Money





Robert Kiyosaki Says Buy Silver Now, Video

[contrarian2investor] 24/3/2010 19:58

Hi all,

Here is interesting article.

In the Real World Series of Poker, The Stakes Are Default of Sovereign Debt



c2i

[traderabc] 24/3/2010 15:54

Here's Why The Money Supply Has Exploded, But We Haven't Seen Rampant Inflation Yet


Michael Snyder
Business Insider
March 24, 2010

(This guest post previously appeared at the author's blog, The Economic Collapse)

The U.S. money supply has been expanding at an absolutely unprecedented rate. So why are we not experiencing rampant inflation? Why is the U.S. dollar not falling through the floor? Well, the truth is that all of this new money has gotten into the U.S. financial system but it is not getting into the hands of U.S. businesses and consumers. In fact, even though the money supply is exploding, U.S. banks have dramatically decreased lending. This has brought us
to a very bizarre financial situation as a nation.

[traderabc] 24/3/2010 15:39

World is headed for a global revolution – authors


Russia Today
Wednesday, March 24th, 2010

The world may have been brought crashing to its knees by the economic crisis, but some say we have not seen anything yet.

The authors of a radical new book, entitled "After the World Crisis", claim that while America continues to accumulate debt, China is growing ever more powerful, which could trigger a global collapse.

[traderabc] 24/3/2010 10:44

AGRI-FOOD THOUGHTS
by Ned W. Schmidt, CFA, CEBS
Schmidt Management Company
March 15, 2010



THE benchmarks chosen by a nation say a lot about the future that nation will have. In the U.S. we seem to have chosen as one benchmark how often the central bank can create an over inflated stock market. Or, success is the percentage of the nation's mortgages financed by the government. Those benchmarks are reflected in the dismal leadership at the Federal Reserve. Rather than a meritocracy, leaders are chosen as if a giant social experiment of a board game was being played. Or perhaps the benchmark for the national government is how many wealth destroying policies can be implemented in a short period of time. The future for the U.S. can only be dismal when such benchmarks are chosen to be pursued by uninspiring leadership. Little wonder Gold is US$1,100.

[traderabc] 23/3/2010 22:08

Keiser Report – Markets! Finance! Scandal! – And Gregory White!
March 23rd, 2010 by stacyherbert

Stacy Summary: Guest is Business Insider's Gregory White.

[philo124] 23/3/2010 20:07

Re Euro, well the Spanish, Portugese and Greek people want out for starters;
don't think they want to wait 5 years.

[traderabc] 23/3/2010 00:10

Wait till you hear what he has to say about the pound...



Jim Rogers I do not expect the Euro to be around in 20 years

Jim Rogers on Goldseek radio 20 Mar. 2010

[traderabc] 22/3/2010 18:41

Hussman: I’m Not Saying There’s Going To Be Hyperinflation, BUT Inflation Is Going To Be Huge


Joe Weisenthal
Business Insider
March 22, 2010

In his latest note, John Hussman ponders the inexorable connection between debt and inflation. And though he’s not calling for all-out hyperinflation he is… well, concerned:

[gain] 22/3/2010 16:38

Persistent fears on Greek sovereign debt were weighing on the euro, which supported the U.S. dollar and pressured gold prices. German Chancellor Angela Merkel announced over the weekend that the EU shouldn't put a Greek bailout plan on the table at Thursday's summit. Merkel also said the Greek Prime Minister George Papandreou has said that Greece would not ask for EU support.
The EU had previously announced a multibillion euro bailout of Greece, but details had remained sketchy. If the EU doesn't come to Greece's aid, then the country might have to turn to the IMF for funding. The uncertainty has been dominating gold prices as they look to the euro for direction.
Some analysts are shrugging off recent volatility and using any dip around $1,100 an ounce as a buying opportunity. "Ten dollars on a $1,100 gold price is the same as 10 cents on an $11 stock ... I don't think that this kind of variation ... is any big deal," argues J.C. Doody, editor of goldstockanalyst.com. "We're still printing money like there is no tomorrow." Doody thinks that Obama's health care reform bill could be a long term catalyst for gold. "[Health care] affects [gold] from a monetary asset ... in the bigger picture ... to pay for all of these things we're obviously going to have to borrow more money ... gold is the escape mechanism

[montyhedge] 22/3/2010 13:55

Notice this idiot still ramping his own positions and book on Bloomberg, why do they give him the time of day.

[traderabc] 22/3/2010 13:28

It’s the Message, Not the Messenger

By: Theodore Butler




-- Posted 18 March, 2010 | Share this article | Discuss This Article - Comments: 2 Source: SilverSeek.com


When I first learned that I would not be invited to the March 25 CFTC public hearing on precious metals position limits, I admit that I was more than a bit surprised and disappointed. After all, this was my signature issue, one on which I had pressed the CFTC and the exchanges for more than 20 years. In fact, until very recently, I was virtually alone in having advanced the issue of establishing legitimate speculative position limits in silver, along with the enforcement of bona fide hedge exemptions to those limits.


My surprise was heightened because I had previously received an unsolicited telephone call from the CFTC back in January (I didn’t write about it then as I considered it confidential). The call from the agency (the first I can recall in 25 years) was a request to me to help them identify who I thought would make good prospective panelists for the precious metals hearing. It was a very pleasant and constructive conversation. Needless to say, I was encouraged because it suggested to me that I was dealing with a different CFTC than I had been dealing with for more than two and a half decades.

[traderabc] 22/3/2010 10:45

Obama Pays More Than Buffett as U.S. Risks AAA Rating (Update1)



By Daniel Kruger and Bryan Keogh


March 22 (Bloomberg) -- The bond market is saying that it’s safer to lend to Warren Buffett than Barack Obama.

Two-year notes sold by the billionaire’s Berkshire Hathaway Inc. in February yield 3.5 basis points less than Treasuries of similar maturity, according to data compiled by Bloomberg. Procter & Gamble Co., Johnson & Johnson and Lowe’s Cos. debt also traded at lower yields in recent weeks, a situation former Lehman Brothers Holdings Inc. chief fixed-income strategist Jack Malvey calls an “exceedingly rare” event in the history of the bond market.

[contrarian2investor] 22/3/2010 09:46

PHIL0124,

"POST 1325 VERY GOOD, imo."
That's because you took the time to read it and potentially because you like many of us that read this thread, (mainly because of traderabc's posts), think outside the box.

c2i

[traderabc] 21/3/2010 23:02

The Schiff Report
SchiffReport's Channel

[traderabc] 21/3/2010 22:58

JIm Rogers Says Greece Should Not Be Bailed Out-Bloomberg-3-19-2010

[traderabc] 21/3/2010 22:41

Sunday, March 21, 2010
Jim Rogers : Silicon Vally watch out China


The Rise of Technology in china why Silicon Vally should be afraid

[traderabc] 21/3/2010 22:40

jim Rogers 18 Mar 2010

[juju43] 21/3/2010 19:51

thx TB ,i had a problem with the site too

[traderabc] 21/3/2010 19:27

'POST 1325 VERY GOOD, imo.'


Agreed, it is the truth, and it is pretty well exactly what Jim Rogers predicted (in 1999) would happen. So if he's a snake oil salesman, he's a truthful and accurate one...