Best Of The Best Share Discussion Threads

[traderabc] 10/11/2010 20:03

Physical silver can crush JP Morgan

[traderabc] 09/11/2010 23:14

Monday, November 8, 2010
FOMC Announcement $600 Billion, $75 Billion Month, Jim Rogers

[traderabc] 09/11/2010 12:46

Keiser Report No. 93: Markets! Finance! Scandal! & David Morgan of silver-investor.com

[traderabc] 09/11/2010 12:11

The Currency War
Submitted by Peter D Schiff on Mon, 8 Nov 2010
Good for gold

As the world awaits another $600 billion flood from Bernanke's printing press, central bank governors from Brasília to Tokyo are preparing to respond in kind. This is the monetary equivalent of a nuclear war, except instead of radiation, bombs of inflation threaten to make the world economy uninhabitable for saving and productive enterprise.

[traderabc] 08/11/2010 19:08

The second one in a week not talking the talk.

What are these bankers up to? Their job is to say gold is a barbaric relic, not to actually suggest something sensible like a gold backed currency. In this case a multi currency. Whatever they're up to I inclined not to trust them.



Zoellick seeks gold standard debate



Alan Beattie
Financial Times
Nov 8, 2010

Leading economies should consider readopting a modified global gold standard to guide currency movements, argues the president of the World Bank.

Writing in the Financial Times, Robert Zoellick, the bank's president since 2007, says a successor is needed to what he calls the "Bretton Woods II" system of floating currencies that has held since the Bretton Woods fixed exchange rate regime broke down in 1971.

Mr Zoellick, a former US Treasury official, calls for a system that "is likely to need to involve the dollar, the euro, the yen, the pound and a renminbi that moves towards internationalisation and then an open capital account". He adds: "The system should also consider employing gold as an international reference point of market expectations about inflation, deflation and future currency values."

[traderabc] 08/11/2010 11:27

Come on teapreacher, no need to drag the 'Jews' into this, these people should be judged by their actions. We see their actions and we see the results, and they're not pretty.
QE is a disastrous economic policy. History will judge both Greenspan and Bernanke harshly but most deservedly so.

[traderabc] 08/11/2010 10:39

"With all due respect, U.S. policy is clueless."

-Wolfgang Schaeuble German Finance Minister Nov 5, 2010

[aspex] 08/11/2010 08:14

"Dr. Bernanke unfortunately does not understand economics, he does not understand currencies, he does not understand finance," Rogers, 68, said in a lecture at Oxford University's Balliol College yesterday. "All he understands is printing money."

"His whole intellectual career has been based on the study of printing money," said Rogers, who predicted the start of the global commodities rally in 1999. "Give the guy a printing press, he's going to run it as fast as he can."

[traderabc] 07/11/2010 16:19

Matt Taibbi: Wall Street Has Seduced America With Randian Pseudo-Libertarianism
Damien Hoffman, Wall St. Cheat Sheet



Last year, Matt Taibbi made huge waves when he wrote what were the most circulated articles on Wall Street. Now, he's crystallized his thoughts into a new book Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America.


I caught up with Matt to hear what he's learned while following Wall Street and Washington during these most extraordinary times...

[traderabc] 07/11/2010 16:09

5 November 2010 Last updated at 16:20

China, Germany and South Africa criticise US stimulus



The US central bank hopes that the move could boost the US economy's recovery

Fed pumps $600bn into US economy

Germany, China, Brazil and South Africa have criticised US plans to pump $600bn (£373bn) into the US economy.

German Finance Minister Wolfgang Schaeuble said the US policy was "clueless" and would create "extra problems for the world".

The US Federal Reserve could weaken the US dollar and hurt exports to America.

China's Central Bank head Zhou Xiaochuan urged global currency reforms, while South Africa said developing countries would suffer most.

[traderabc] 07/11/2010 14:20

Not exactly a highbrow documentary, nevertheless some interesting issues discussed.

Conspiracy Theory Jesse Ventura S02E03 Wall Street 1/3

[traderabc] 07/11/2010 14:18

Coincall, this was discussed on the gold thread a few days ago and the consensus was the story is fake.

edited

heres something from there

92754

[coincall] 07/11/2010 13:46

traderabc,

Thanks for all your research. You may have seen the interview with Lord James of Blackheath on Sky News last Wednesday, if not, here it is.

[traderabc] 07/11/2010 13:36

On the Edge with Max Keiser – Increasing US Debt: Guest Damon Vrabel

[traderabc] 07/11/2010 12:06

Americans On Foodstamps Hits New Record In August, Increase By Over Half A Million To 42.4 Million, 17% Increase Year Over Year



Tyler Durden
Zero Hedge
Friday, November 5, 2010

Another highlight you may not hear in the President's address from this morning: according to the last Department of Agriculture update, Americans on foodstamps has increased by over half a million in August, hitting a fresh all time high of 42.4 million people relying on the government for basis sustenance. At least now we know where that labor force is going. The August number is a 17% rise from the same time a year ago. That number is up 58.5% from August 2007, before the recession began.

[traderabc] 07/11/2010 12:04

A very strange story, anyone care to comment?

Shadowy 'Foundation X' Group Offers To Give UK Government Billions

Daily Mail
Friday, November 5, 2010

'Completely genuine and sincere': The shadowy organisation that wants to give the UK billions for NOTHING

By Daily Mail Reporter
Last updated at 2:12 PM on 5th November 2010
Comments (75)
Add to My Stories



'This is no scam': Lord James claim the mysterious group's offer is real

A mysterious organisation called Foundation X has offered the British Government £5billion and wants nothing in return, according to a Tory peer.

The old saying tells us that there's no such thing as a free lunch and in these testing economic times, an offer of no-strings cash seems far too good to believe.

Yet Lord James of Blackheath told the House of Lords he had been in discussions with the group and had urged coalition ministers to take accept the multi-billion cash injection.

[traderabc] 07/11/2010 11:48

The age of the dollar is drawing to a close
Currency competition is the only way to fix the world economy, says Jeremy Warner.





Dollar hegemony was itself a major cause of both the imbalances and the crisis Photo: BLOOMBERG



Right from the start of the financial crisis, it was apparent that one of its biggest long-term casualties would be the mighty dollar, and with it, very possibly, American economic hegemony. The process would take time – possibly a decade or more – but the starting gun had been fired.

[spekky] 05/11/2010 12:01

I will always be concerned about food,the days of cheap food are over.

[049balt] 04/11/2010 21:53

Keep a close eye on food!!!

[mrmarvelous] 04/11/2010 21:50

Wednesday, November 3, 2010

Another Nobel Economist Says We Have to Prosecute Fraud Or Else the Economy Won't Recover.

[traderabc] 04/11/2010 20:02

Wednesday, November 3, 2010
Jim Rogers : buy commodities rather than commodity stocks

Jim Rogers :.....Many studies have shown you are better off buying commodities themselves rather than commodity stocks unless you are a very good stock picker. If you are great with finding companies that are going to discover natural gas in Mumbai, you should buy all the shares you can. But there are 100 natural gas companies in the world and we have got to get the right one. We have a big company in America called Enron , which was a natural gas company. It went to zero, it just went bankrupt. Natural gas, yes, it can go down, but it cannot go to zero. But be careful, if you get the right stock, you will make a lot more money, but otherwise just stick with the commodities.....
in an interview with the economictimes.indiatimes.com dated 21 Sep, 2010

[traderabc] 04/11/2010 20:01

This is an hour long and worth the time.

Thursday, November 4, 2010
Jim Rogers with Lew Rockwell at the 2010 Mises Institute Supporters Summit

How I See the World Today: Question and Answer Period | Jim Rogers

[traderabc] 04/11/2010 19:55

"Keiser Report" No. 92 Guest: David McWilliams in Dublin
November 4th, 2010 by maxkeiser

[traderabc] 03/11/2010 13:22

The Federal Reserve Is Holding A Conference On Jekyll Island To Celebrate 100 Years Of Dominating America



"A Return to Jekyll Island: The Origins, History, and Future of the Federal Reserve"

The Economic Collapse
Nov 3, 2010

The Federal Reserve is going back to Jekyll Island to celebrate the 100 year anniversary of the infamous 1910 Jekyll Island meeting that spawned the draft legislation that would ultimately create the U.S. Federal Reserve. The title of this conference is "A Return to Jekyll Island: The Origins, History, and Future of the Federal Reserve", and it will be held on November 5th and 6th in the exact same building where the original 1910 meeting occurred. In November 1910, the original gathering at Jekyll Island included U.S. Senator Nelson W. Aldrich, Assistant Secretary of the Treasury Department A.P. Andrews and many representatives from the upper crust of the U.S. banking establishment. That meeting was held in an environment of absolute and total secrecy. 100 years later, Federal Reserve bureaucrats will return to Jekyll Island once again to "celebrate" the history and the future of the Federal Reserve.