Best Of The Best Share Discussion Threads

[traderabc] 24/4/2010 10:52

Max Keiser on Athens International Radio – 23 April 2010 – Greece & the IMF
April 23rd, 2010 by stacyherbert
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Stacy Summary: Max interviewed by Helen Skopis on Athens International Radio about Greece turning to the IMF.

[traderabc] 24/4/2010 09:38

"With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people."
-Friedrich August von Hayek

[traderabc] 24/4/2010 09:35

Goldman Sachs Eats Its Young



by Keith Johnson

This should be a lesson to all those young, aggressive, upwardly mobile Wall Street wannabes who think they are somehow going to fast track their way into the stratosphere of high finance.

Sorry, kids! There's no room left at the top, and soon you're going to see even those old money families tearing each other apart for what's left of a collapsing fiat money system that has just about run its course.

[traderabc] 24/4/2010 09:33

Silver ETF Divergence

Adam Hamilton April 23, 2010 2461 Words



Launched 4 years ago this week, the SLV silver ETF has proven very successful. With $5.1b in net assets, it already ranks among the top 20 largest ETFs in the US. And the 287m ounces of physical silver bullion it holds in trust for its stock investors is impressive. For comparison, elite market-darling silver streamer Silver Wheaton only produced 17m ounces last year (equivalent to 6% of SLV's holdings).



SLV has truly become a force to be reckoned with in the silver world, fulfilling the worst fears of silver's industrial users who actively lobbied the SEC against approving this ETF before it was born. They feared the massive pools of stock-market capital that would flood into physical silver via this new ETF conduit would drive up prices. They were right, silver was trading around $12 when SLV came online.



But SLV has proven a boon for silver investors on multiple fronts. Most importantly, more capital chasing the small silver market ultimately means a longer secular bull powering to a higher climax. SLV created a first-ever conduit for stock investors, which aren't traditionally physical-silver investors, to easily migrate capital into silver. Billions of dollars of stock-market capital have already flooded into this metal that probably wouldn't have otherwise.

[traderabc] 24/4/2010 09:24

Governments Will 'Bankrupt Us': Marc Faber
Published: Thursday, 22 Apr 2010 | 5:22 AM ET
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By: CNBC.com


Current economic policies are not sustainable and the world faces doom because "the governments are taking over", said Marc Faber, editor & publisher of The Gloom, Boom & Doom Report.

"They will all bankrupt us and expropriate us, but it may not happen tomorrow. They'll give us something to play with, until the whole system breaks down...they'll just print money and print more money," he said on CNBC Thursday.

[traderabc] 23/4/2010 08:30

Computerized Front Running and Financial Fraud
How a Computer Program Designed to Save the Free Market Turned Into a Monster

by Ellen Brown

[traderabc] 22/4/2010 21:45

c2i, I'm still long AIGA, the chart isn't that inspiring, it will go up sometime but I'm not sure I have the patience. I think the general indexes should pull back soon. The old adage 'sell in May' ought to be appropriate this year.

[traderabc] 22/4/2010 21:13

April 22, 2010
Video Interview: US Dollar, Stocks, Gold
Latest Jim Rogers video interview:

"Prices are going to get worse because Mr. Bernanke and the people in Washington are spending gigantic amounts of money which we don't have, and someobody has to pay for this. There's no free lunch."

[traderabc] 22/4/2010 21:07

CHART OF THE DAY: This Is What The Greece Endgame Looks Like




Yes, you've been hearing about Greek bond yields rising for some time now, but now it is far different -- they're rising, and they've gone vertical.

[traderabc] 22/4/2010 20:51

Max Keiser on Greek Debt Crisis – Inside Story – 22 April 2010
April 22nd, 2010 by stacyherbert
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Stacy Summary: Greek bond yields are going vertical. Below is a link to Inside Story from tonight. Be warned that the audio is VERY bad. It is the realplayer stream on Aljaz. I will post a link tomorrow to their higher resolution version; but here is the bad res version for now:

[traderabc] 22/4/2010 20:50

[KR36] Keiser Report – Markets! Finance! Scandal! – And Afshin Rattansi!
April 22nd, 2010 by stacyherbert

Stacy Summary: In this episode we ponder why Iceland's volcanic ash cloud spared the victims of banking fraud; they also look at the scandals behind the Fabulous Fab Tourre's "monstrosities," Gordon Brown's "shock" at Goldman's "moral bankruptcy," and at the political markets shocking the currency markets. In the second half of the show, Max talks to author and journalist Afshin Rattansi about the surprise outcome of the UK's first ever televised political debates; the UK taxpayers nearly $1 billion loss via Goldman's alleged fraud; and about Tony Blair's lucrative post-Downing Street banking career.

[contrarian2investor] 22/4/2010 11:05

Hi traderabc,

IMHO as this arbitrage (and other base metal) opportunity gets squeezed, we could see Aluminium prices dropping sharply. Inspite of the fact that the big trading houses now effectively control the main metals warehousing outlets.

I have a medium-size tranche of SALU and a large tranche of SCOP.


Is Aluminum Headed for a Fall?
by stuart on April 21, 2010

tp://agmetalminer.com/2010/04/21/is-aluminum-headed-for-a-fall/

traderabc could it finally be time to be loading up again on softs?

c2i

[traderabc] 21/4/2010 22:33

Over 26,000 US Businesses that accept Barter

[traderabc] 21/4/2010 20:40

Jim Rogers we should Abolish The Central Banks (in Italian)




Jim Rogers : I do not know if I will enter Paradise , ask me in 50 years
Investment guru Jim Rogers in Milan Italy interviewed by the Italian news paper corriere della sera when asked what he would do if he was asked to rewrite the rules , he answered "I will abolish the central Banks" the central banks always make the crisis worse , in America the FED with its zero interest rates policy have created bubble after bubble ...in Japan the interventions of the Japanese central Bank have caused such a damage that today the Japanese market is worth 75% less than what it was worth in the last ten fifteen years says Jim Rogers , Capitalism should be left to do its job and the ones that should fail should be left to fail , Jim Rogers gives the example of South Korea after two years of deep crisis is now one of the best performing economies the same thing could be said for Russia and Turkey ...Jim Rogers then warns about a coming inflation ....




Intervista all'economista Jim Rogers.

[traderabc] 21/4/2010 20:38

Wednesday, April 21, 2010
Jim Rogers : we have shortages of Commodities and Farmers




Jim Rogers Conference - Commodities, Botswana, and Farmers

Farming is going to be one of the greatest sectors in the next 30 years
In the agricultural business , it has been such a horrible business we have shortage of everything , in the last thirty years , you have now shortages of fertilizers of seeds , we have shortages of tractor tires because it has been a terrible business and nobody is investing in it , we have shortage of farmers , most farmers in the world are old men because it has been such a terrible business...Farming is going to be one of the greatest sectors in the next 30 years go get yourself a mining degree if you do not want to be a farmer , because that's where the great fortunes are going to be made in the next ten twenty thirty years , the paper shuffling on wall street and in the City of London is finished , throughout history we have had major shifts when we had long periods when the financial community have been the center of the world , we also had long periods when agriculture or mining , the people who produce real goods have been the center of the world well we are now in a period of gigantic shift where we are shifting from the world of the financial ties to the people who produce real goods , and for the next twenty or thirty years it is going to be those people who are going to be in charge

Jim Rogers Conference - Investments, Politicians, and China - 1 of 2



Jim Rogers Conference - Commodities, Botswana, and Farmers - 2 of 2

[traderabc] 21/4/2010 20:32

[KR35] Keiser Report – Markets! Finance! Scandal! – And Joe Weisenthal!!
April 20th, 2010 by stacyherbert

Stacy Summary: We examine the qualities of a banana republic and also look at the scandals of Lehman's alter ego; Magnetar's binary bets; and JP Morgan's sacred contracts. In the second half of the show, Max talks to Business Insider's Joe Weisenthal about the Magnetar Trade, record bank profits, CantorX and KFC's double down. (Joe's been on all over RT the last day; thanks to him for stepping in at last minute to rescue our satellite feed we had booked with ProPublica journalist!)

[traderabc] 21/4/2010 20:31

If only..

Max Keiser speaking before the UN Security Council about disarming bankers

[contrarian2investor] 21/4/2010 08:34

Hi traderabc,

JP Morgan and the manipulation of the price of silver.




c2i

[049balt] 20/4/2010 18:41

Interesting article in Farming Independent, states that globel beef prices are soaring.

[traderabc] 19/4/2010 19:58

If I Were Buying Energy, I Would Buy Natural Gas
"If I were buying energy, I would probably buy natural gas rather than oil just because it's so depressed. I don't like to buy when things are up. I like to buy things when down, when people are unhappy that's when I like to buy things."

Jim Rogers

[traderabc] 19/4/2010 19:57

Monday, April 19, 2010
Singapore Real Estate Bubble - could it be The next Dubai ?




The Next Dubai? - Real Estate & Property Bubble, Mike Maloney of Gold and Silver Inc


While in Singapore Mike Maloney of Gold and Silver Inc checked out the Singapore Flyer...the world's largest ferris wheel. The view was mind blowing and Mike had a great time counting the construction cranes. Just amazing, there are buildings going up as far as the eye can see. Mike Maloney is wondering if Singapore could be the next Dubai?

[traderabc] 19/4/2010 19:08

Goldman Cracks


Washington's Blog
April 19, 2010

Given the tremendous water pressure involved, even a small crack in a huge dam can lead to catastrophic failure.

Similarly, even a small breach in a seemingly invincible army's defenses can lead to defeat.

The SEC's fraud action against Goldman Sachs is really small potatoes. It alleges only civil – not criminal – fraud.

And it is against only one small player, not against his bosses or top management.

(And Goldman has done a lot worse.)

But Goldman has suffered a crack in its veneer of respectability.

More importantly, the SEC action may represent a crack in the company's armor.



Before the SEC announced the charges, Goldman seemed unstoppable. It seemed like even countless tons of water pressure or scores of invading armies could not touch Goldman.

Now, there is a crack ...

Even if the timing of the SEC's announcement was wholly political (some commentators have called it bread and circuses or kabuki theater), and even if (as some writers have alleged) Goldman CEO Lloyd Blankfein himself approved the action as a way to diffuse pressure for bigger, criminal prosecutions against bigger players, tons of public pressure and hordes of lawyers are probably on their way.

Or perhaps Goldman is like the warlord hated – but feared – by all. If there is ever a crack in the warlord's veneer of invincibility, the locals might realize that he is only human after all ... and decide they can – together as a group –
take him on.

[traderabc] 19/4/2010 19:05

c2i, plagiarize anything you want from this thread, that's what I do ;-)


Is GBP being hammered in response to investigation into Goldman? Don't Bet on It
April 19th, 2010 by stacyherbert

Stacy Summary: There's a war on.
Hypothesis via Business Insider that pound is presently being hammered as response to investigation into Goldman

Wow, down 1.5% 1.77% already. This is a pretty serious hammering.