Tuesday, January 24, 2012

George Soros on the Coming U.S. Class War

Sobering thoughts from the man who "broke the Bank of England."

George Soros on the Coming U.S. Class War - The Daily Beast

Inside Job

Academy Awards are in the news. If you see one film this year, see Inside Job, recent Oscar winner, Best Documentary. It is the best explanation of the 2008 financial crisis, and the true nature of the political structure of America, we have yet seen.

$6,000 Gold & Newt Gingrich

Presidential candidate Newt Gingrich talks about a path back to hard money for the U.S.

Here's the math:

$6,000 Gold? Keep An Eye On Newt Gingrich - Seeking Alpha

Tuesday, January 10, 2012

Predictions 2012

  1. Mayans rise to power and institute new calendar, calling for new end of the world, 4012. So, we go to overtime.......
  2. Ahmadinejad renounces both Islam and little white jackets, applies to Harvard, where he is accepted as grad student and TA in nuclear physics.
  3. To revive her moribund TV career, Sarah Palin comes out of hiding, wins Republican nomination, defeats Obama in photo finish race after all hanging chads counted (7 weeks).
  4. Stock market falls 8,000 points.
  5. Day after inauguration, Palin resigns, joins Oprah Winfrey Network as EVP. "You betcha," she says. "Just wanted to show all you I could do it!" She further explained that "all politics is entertainment" and only saw "the White House as a stepping stone to my dream job."
  6. Stock market rallies 9,000 points.
  7. Euro money crisis fades from view. EU finance minister explains: "All money is conceptual -- we imagined we had more, much more -- and it worked!"
  8. Dow Jones reaches 35,000 -- predicted more than 12 years ago.
  9. Gold plummets to 1930s level $20 per oz. Hedge fund king John Paulson: "When we broke $35, we realized we had trouble, big trouble, right here in....." Was led away while singing medley of Broadway show tunes.
  10. Magyars replace Mayans as world thought leaders, suggest move U.N. headquarters to Budapest. "Only step one of many," premier says at news conference. Euro leaders demur.

Sorry to be tardy with these. More cross currents of change here than originally imagined.....

USA to Iran, watch this clip -- and yet, no joke, Iran needs to be stopped

Thursday, January 05, 2012

Sunday, January 01, 2012

Jim Rogers isn't too optimistic about stock markets in 2012, sees longer term systemic collapse - Business Intelligence Middle East - bi-me.com - News, analysis, reports

Jim Rogers isn't too optimistic about stock markets in 2012, sees longer term systemic collapse - Business Intelligence Middle East - bi-me.com - News, analysis, reports

About Jim Rogers

Jim Rogers has spent a career being one step ahead of mainstream investment thinking. Amongst his many accomplishments, Rogers was co-founder with George Soros of Quantum Fund. During his ten years with the fund, the portfolio gained more than 4,000%, while the S&P rose less than 50%.

Rogers retired from Quantum in 1980 and became a guest professor of finance at Columbia University Graduate School of Business and in 1989 and 1990, the moderator of The Dreyfus Roundtable, The Profit Motive with Jim Rogers, and a media commentator worldwide.

But ask Jim Rogers about his most important venture and he will answer without hesitation: fatherhood.

A Gift to My Children: A Father's Lessons for Life and Investing (RandomHouse, 85 pages, US$16) is Jim Rogers' love letter to his daughters, Happy and Baby Bee. Reminiscent of The Autobiography of Benjamin Franklin, which was also written by a father to his child, Rogers' book is full of no-nonsense, unsentimental fatherly advice.

Among Jim Rogers' best advice:

-- Conduct your own research and trust your own judgment.
-- Focus on what you yourself love.
-- Be persistent.
-- Broaden your horizons and see as much of the world as you can.
-- The most important thing you can learn is how to think and question everything you hear.
-- Study and learn from history.
-- Master more than one language - and make sure one of them is Mandarin.
-- Don't panic.
-- Take care of yourself and don't neglect the sunscreen.

-- Remember that boys need girls more than girls need boys.

Underscoring his convictions that future prosperity will come from China, Rogers' two young children speak Mandarin.