Best Of The Best Share Discussion Threads

[traderabc] 15/7/2010 20:16

[KR60] Keiser Report – Markets! Finance! Stefan Molyneux!
July 15th, 2010 by stacyherbert
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Stacy Summary: We look at the latest scandals of downgrading America, investors seeking security in gold, bank profit abominations and federal ponzis. In the second half of the show, Max talks to Stefan Molyneux of Freedomain Radio about the Canadian economy and housing bubble, the oil spill in the Gulf of Mexico and how to fix the world.

[traderabc] 15/7/2010 14:11

Jim Rogers: 'I don't have investments in the UK'

[traderabc] 15/7/2010 14:08

[Video] Keiser on Corbett Report – 14 July 2010
July 15th, 2010 by stacyherbert
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Stacy Summary: Here is the Youtube version of yesterday's interview for those who prefer to view while listening.

[philw2009] 15/7/2010 12:55

Not a bad statement, looking rather good value at the moment.



Tantalising mentions of new venues but no specifs, a couple of international locations would really help boost profits, and really help online.

[bluebelle] 13/7/2010 20:51

traderabc - 13 Jul'10 - 13:32 - 1685 of 1691
The yuan will become the world's most wanted currency, heavily backed by gold and a stable government plus the planet's biggest military.

In due time, China will be the new owner of the world's reserve currency.

Why am I convinced of Bernanke's plans? Because it is the only painless and politically acceptable way.



What a colleague of mine used to refer to as a blinding glimpse of the obvious : amazing that so many people are unaware of it.

[traderabc] 13/7/2010 19:51

Fear Index rises to 16-year high


July 11, 2010 – The Fear Index has risen to a 16-year high. As of June 30th, the Fear Index is 2.35%, based on M3 data made available by shadowstats.com. Here is the formula and calculation for June 30th:

[traderabc] 13/7/2010 19:50

July 12, 2010
UK Outlook
"I am put off by the gigantic debts built up in the last few years by the previous Government. The numbers are truly staggering. The UK has had a balance of trade deficit for the last 25 years which has been growing over the years. It used to rely on North Sea oil to bolster its international earnings coupled with the City of London being a financial centre. But as these have declined I don't see anything replacing this revenue stream. I think the balance of trade and debt levels will get worse."

in www.investmentweek.co.uk


July 13, 2010
We Are Going To Have Another Recession In The Next 2 Or 3 Years
We are certainly going to have another recession in the next two or three years. We have had recessions every four to six years since the beginning of time. So by 2012, we are getting ready to have another one, if history is any guide. I suspect it will happen before then, because there are still so may imbalances in the world which have to be sorted out.

[traderabc] 13/7/2010 19:15

[KR59] Keiser Report – Markets! Finance! Denninger!
July 13th, 2010 by stacyherbert
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Stacy Summary: We look at the latest scandals of IMF forecasts and commercial banks pawning their nations' gold reserves. In the second half of the show, Max has a most excellent interview with The Market Ticker's Karl Denninger about market manipulation and flash crashes.

[traderabc] 13/7/2010 17:58

Thanks T.H. for that ETF info.
Agreed, he's one of the few 'good guys' in the top end of the financial community, telling it as it is.

[trader horne] 13/7/2010 17:53

I'm a big fan of Jim's, had the pleasure of meeting and chatting with him in 2008.
I see two new London-quoted ETFs RICM and RIC launched to track Jim's metals and commodity indexes. Not a bad idea.

[traderabc] 13/7/2010 17:36

The Alex Jones Show – July 12th With Peter Schiff

[traderabc] 13/7/2010 13:32

Frog Soup, Gold & Diamonds

Richard Russell snippet
Dow Theory Letters
posted Jul 13, 2010

July 12, 2010 -- "The Golden Rule": "Who has the gold, makes the rules." And China is on a headlong path to accumulate as much gold as it can. China is now the world's largest producer (miner) of gold, and all the gold mined in China must be sold to the government. What in the world could the Chinese be planning? Here's what I'm thinking. The yuan will become the world's most wanted currency, heavily backed by gold and a stable government plus the planet's biggest military. In due time, China will be the new owner of the world's reserve currency.

On my July 7 site, I explained why I am convinced that the Bernanke Fed is on its way to devaluing (cheapening) their Federal Reserve Notes (we mistakenly call them "dollars"). Why am I convinced of Bernanke's plans? Because it is the only painless and politically acceptable way. It's the Fed way. In effect, it's the old "frog in a pot of slowly heating water on the stove". The frog never notices the rising heat. By the time he does, he's frog soup.

[traderabc] 13/7/2010 12:53

Silver's Historical Correlation with Gold Suggests A Parabolic Top As High As $714 per Ounce!



munknee.com
July 13, 2010

Almost 70 respected economists, academics, gold analysts and market commentators (see list below) are of the firm opinion that gold is going to go to at least $2,500 if not as high as $10,000 per ounce (or more) before the parabolic top is reached. As such, just imagine what is in store for silver given its historical price relationship with gold. We're looking at an extreme case scenario of a future parabolic top of perhaps as much as $714 per ounce for silver, the 'poor man's gold'. Let me explain.

[traderabc] 11/7/2010 10:51

[OTE62] On the Edge with Damon Vrabel

[traderabc] 09/7/2010 14:13

Heatwave Jibber Jabber
July 9th, 2010 by stacyherbert
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Stacy Summary: It's hot in London. It's hot in Paris. Is it hot for you?

Tags: Jibber Jabber96 Comments
[KR58] Keiser Report – Markets! Finance! Monarchy!
July 8th, 2010 by stacyherbert
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Stacy Summary: We look at the latest scandals of groveling monarchs, democratic politicians calling their taxpayers hobos and stray animals and BP and Goldman as targets of RICO. In the second half of the show, Max talks to journalist Teri Buhl about Timothy Geithner, RICO and more.

[bluebelle] 07/7/2010 14:39

Haven't been here for a while so apologies if the point has been made but, reading the interview with JR in today's Telegraph on line, he seems not to differentiate between the UK Economy and the FTSE. The FTSE is virtually independent of the UK Economy (although obviously not of it's Government's regulatory regime) with some 80%+ of profits of FTSE 100 companies coming from outside the UK. As such it's a good proxy for global economic activity and a more attractive way to invest in it - given the regulatory regime, liquidity and basic integrity and transparency of the market - than most World stockmarkets, regardless of UK Economic prospects (on which I broadly agree with JR).

[traderabc] 07/7/2010 09:02

Bob Moriarty: Due for End-of-Empire Do-Over?
Source: Karen Roche of The Gold Report 07/02/2010

Economic rebound? Not with 22% unemployment. Banking reform legislation? Loaded with pork. Bankrupt nations? Rock-solid, lead-pipe cinch. "We need to start all over," says the inimitable Bob Moriarty in this exclusive Gold Report interview. "And in the end, we will." Meanwhile, he's keeping an eye out for the few-and-far-between juniors that manage to get things exactly right.

The Gold Report: Just in time for President Obama to meet with the leaders of the G20 nations in Toronto over the last weekend in June, Congress finalized a sweeping bill to overhaul the banking system. These reforms are touted as the most ambitious rewrite of financials since the Great Depression. What impact will this legislation have on protecting us against another financial meltdown similar to 2008?

[traderabc] 07/7/2010 08:59

Sunday, July 4, 2010
Jim Rogers on Fannie and Freddie Union and State pension bailouts

Jim Rogers a Mangru one on one Interview July 03, 2010
Jim Rogers author of a gift to my Children is in Florida being interviewed by Dan Mangru of the Mangru Report , Jim Rogers answers questions and Fannie and Freddie , Union pension bailout , Jim Rogers says "nobody should be bailed out if you ask me , after the Union pension bailout you have the state pension most of them are under water as well , you know it is Staggering the amount of money that is not there that is supposed to be there ...it has been dissipated in laws by politicians by management by unions by all sort of people over the last decade or two , just wait until the state got to have been bailed out and their pension funds , they're staggering and you gonna start seeing problems in the municipal bond market too , because people are going to start realizing , hey these people are under water too ...this is not over Dan , there is a lot more outrage to come

[traderabc] 03/7/2010 09:58

Gerald Celente on The Alex Jones Show 02 July 2010

[traderabc] 03/7/2010 09:58

c2i, I'm still holding AIGA, they must have gone up some because I'm still about even (with the time decay)though I've been holding for some time. It's trying my patience somewhat, I intend to bail when/if it drops me into a moderate loss.

[contrarian2investor] 02/7/2010 12:07

Hi traderabc,

Thanks for you reply, much appreciated keep up the good work.
I know you like you softs, so here an article that be of interest.
-------------------------------------------------------------------c2i

Wheat Rises as Investors Bet Demand Will Gain on Corn Shortage
July 01, 2010, 4:09 PM EDT

July 1 (Bloomberg) -- Wheat rose to a seven-week high as speculative investors bet demand will increase because U.S. production of corn, a competing grain used to feed livestock, may not be as big as expected.

Farmers sowed 87.872 million acres (35.6 million hectares) with corn, less than forecast in March, the U.S. Department of Agriculture said yesterday. Corn rose 8.6 percent yesterday, fueling expectations that feedlot managers will use more wheat to fatten cattle. Speculative investors who were net-short 48,883 wheat contracts as of June 22 may be buying futures and liquidating bets that prices would fall.

"The wheat had built up quite a bit of shorts, and there's a sense that if the corn market rallies, that'll run the wheat market up," said Jason Britt, the president of Central States Commodities Inc. in Kansas City, Missouri. "The report caught traders leaning to the short side."

Wheat futures for September delivery rose 19.5 cents, or 4.1 percent, to $4.9975 a bushel on the Chicago Board of Trade. The price earlier rose to $5.04, the highest price since May 12. Futures are up 9.4 percent in the past two sessions, the biggest such gain since Aug. 3.

The price also rose as the dollar lost as much as 1.9 percent against a basket of six major currencies. Wheat gained 3.5 percent in the second quarter on expectations that adverse weather will curb world output.

Wheat is the fourth-biggest U.S. crop, valued at $10.6 billion in 2009, behind corn, soybeans and hay, government data show.

[traderabc] 02/7/2010 11:53

h28, don't you think it's strange that the $ index is moving in tandem with gold, these two shouldn't go in the same direction, yet they have have been recently. I don't trust this new behavior, something is going on here with these two assets that doesn't make much sense.

[h28] 02/7/2010 11:40

i work in pawnbroking gold is the key at moment. the 9th richest oil person in world in texas went to gold in 2005 with her fortune. this collapse is near. the difference is it a global currency or national currencies back. i say latter as the stock market is just bodging debt around. the usa and uk have noting but debt ridden worthless bits of paper and falling tax revenues in day of automation and computerisation, combined with swathe of underclass that are government dependant.

stay away from uk and usa they are finished.