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Jim Rogers/Asian Financial Forum (World Commodities fundamenals enhanced)
youtube/JimRogers Channel ^ | 1/21/09 | sickoflibs/Jim Rogers

Posted on 01/24/2009 7:38:14 PM PST by sickoflibs

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I am no expert but this sounds like great investment advice long term.
1 posted on 01/24/2009 7:38:16 PM PST by sickoflibs
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To: sickoflibs

is there even going to be a citi bank left?


2 posted on 01/24/2009 7:43:38 PM PST by ken21
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To: Harrius Magnus; mojitojoe; Pelham; mom2twinsn2; LongLiveTheRepublic; ConservativeOrBust; ...
The Peter Schiff/Redistribution Watch Ping. (Washington Spending your past, present and future money!)

Obama cannot print commodities. I am no expert but the Rojers/Schiff's say commodities outside the US can be subject to LESS taxation than inside. Something to research.

3 posted on 01/24/2009 7:45:56 PM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: sickoflibs
The Peter Schiff/Redistribution Watch Ping List. (Washington Spending your past, present and future money!)

Schiff Quote :"Everytime government planning has been tried,all it's done is made things worse. It didn't work in communist China, it didnt work in the Soviet Union. Barack Obama is no smarter than Khrushchev or Mao. He may think he's smarter than everyone else..."

Please tag all relevant threads with the keyword : schifflist

Ping list pinged by sickoflibs.

To join the ping list: FReepmail sickoflibs with the subject line add Schifflist.

(Stop getting pings by sending the subject line drop Schifflist.)

4 posted on 01/24/2009 7:48:32 PM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: sickoflibs

Interesting. Thanks for the ping.


5 posted on 01/24/2009 7:58:36 PM PST by GOPJ (Bad & corrupt business decisions get bailed-out. Why should I play by the rules?FRpierrem15)
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To: sickoflibs

I wonder how badly the bow tied camera whore is hurting from the commodities bust.


6 posted on 01/24/2009 8:39:42 PM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62
Rogers knows Washington can't print worlds commodities. I saw a clip of Hannity on H+C FNC in October and he was bragging about how great the US economy was. Speaking of prostitutes, Hannity is paid by GM and supported the bailouts on his show.
7 posted on 01/24/2009 8:59:31 PM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: Moonman62
Did he lose more on commodities, or on his Chinese stocks?
8 posted on 01/24/2009 9:07:37 PM PST by Toddsterpatriot (Will the doomers ever buy a calculator?)
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To: Moonman62

Mr. Rogers learned, There is a time for commodities just not today.


9 posted on 01/24/2009 9:32:13 PM PST by Orange1998
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To: Toddsterpatriot
Did he lose more on commodities, or on his Chinese stocks?

Hopefully he lost tons of money. He's irritatingly un-American and has thrown in his lot with China.

10 posted on 01/24/2009 10:11:44 PM PST by dennisw (Meshuggah Muhammad put the following words in the mouth of his sock puppet deity...................)
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To: Moonman62
I wonder how badly the bow tied camera whore is hurting from the commodities bust.

If he avoided getting hurt I'm sure he would have let us all know. ChiCom whore describes him best

11 posted on 01/24/2009 10:14:51 PM PST by dennisw (Meshuggah Muhammad put the following words in the mouth of his sock puppet deity...................)
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To: sickoflibs

Buyers of scrap metal are buying at a loss and hoarding as much as possible waiting for prices to rebound. Right now prices of metals are in the tank. I suppose they buy at a loss to keep their suppliers in business and to build up their stock.


12 posted on 01/25/2009 6:36:06 AM PST by Woebama
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To: sickoflibs
“The international energy agency has come out with a report showing that the world’s oil reserves are declining at a rate of 6.7 % per year even after discoveries. You can do the arithmetic, in 15 years there will not be any oil at any price unless something dramatic changes.

Looks like multiplication is hard for Jim. 15 years of 6.7% declines leaves us with 35.3%, not 0%.

13 posted on 01/25/2009 6:47:18 AM PST by Toddsterpatriot (Will the doomers ever buy a calculator?)
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To: Orange1998
I am looking for away out of america's ride off a cliff. I am not handing Obama my savings and paycheck out of patriotism. BTW: Rogers didnt move his family to Hong Kong because of it's pollution..

I saw Harry Dent on FNC yesterday warning of a long american depression because of slowing of boomer spending for retirement. He said stocks will go up a short time from stimulus but you need to get out then and buy gold and commodities for inflation protection. After that I saw Rogers clip here saying similar.

14 posted on 01/25/2009 6:54:06 AM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: Toddsterpatriot
RE :Looks like multiplication is hard for Jim. 15 years of 6.7% declines leaves us with 35.3%, not 0%

15*6.7% =100% . Sounds like I know why energy prices are down now, Math skills. This is proof to buy, buy, buy!

15 posted on 01/25/2009 6:59:45 AM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: sickoflibs; Toddsterpatriot

Rogers had to go to Asia to find workers who can multiply two numbers together correctly like this example, That whore! He should stay in american where public schools teach 6.7*15= 43 and 5% of taxpayers can pay for Obama’s programs.


16 posted on 01/25/2009 7:04:36 AM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: sickoflibs

After the second year what is 6.7% of 93.3? And after the fifteenth year what number do you have? With this math, you could never get to zero.


17 posted on 01/25/2009 7:11:03 AM PST by Sawdring
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To: dennisw

Rogers is the ChiCom/$oreA$$ whore.

Whining left wind so called market experts like Rogers aren’t worth the use of electricity to read any headlines of their whining.


18 posted on 01/25/2009 8:26:39 AM PST by Grampa Dave (Does Zer0 have any friends, who are not criminals or foriegn or domestic terrorists or both?)
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To: Grampa Dave

This wasn’t whining it was a specific prediction. Is it wrong? why?

The insults on this post don’t claim his analysis is wrong, just that he is bad. Will the current printing/borrowing of dollars really result in an economic boom?


19 posted on 01/25/2009 9:41:21 AM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: sickoflibs
This wasn’t whining it was a specific prediction. Is it wrong? why?

The specific prediction about oil running out in 15 years is wrong.

Will the current printing/borrowing of dollars really result in an economic boom?

Who claims it will result in a boom?

20 posted on 01/25/2009 9:45:09 AM PST by Toddsterpatriot (Will the doomers ever buy a calculator?)
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To: Toddsterpatriot

RE “The specific prediction about oil running out in 15 years is wrong.”

He is saying that it’s a great investment, that use will go up and supply will go down, even with increased exploration. We will never see a 1990s cheap energy climate again. So far I dont read any arguments to the contrary. I know that financials will not make a good investment. Will they?


21 posted on 01/25/2009 9:52:44 AM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: sickoflibs
He is saying that it’s a great investment, that use will go up and supply will go down

Wasn't he saying the same when it was over $140? And he did say it would all be gone in 15 years. Do the math. LOL!

22 posted on 01/25/2009 9:59:24 AM PST by Toddsterpatriot (Will the doomers ever buy a calculator?)
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To: Toddsterpatriot

But you arent predicting anything yourself indictating you think he is right.


23 posted on 01/25/2009 10:08:13 AM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: sickoflibs
I'm predicting that even if his 6.7% decline prediction is correct, after 15 years, there will still be oil. I'm predicting his claim of zero oil in 15 years is wrong.
24 posted on 01/25/2009 10:14:08 AM PST by Toddsterpatriot (Will the doomers ever buy a calculator?)
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To: Toddsterpatriot
"Looks like multiplication is hard for Jim. 15 years of 6.7% declines leaves us with 35.3%, not 0%. "

.

Are we here, maybe, on 'The Rule Of 72?' Jimmy may be correct...Compounding works backward as well as forward with numbers?

25 posted on 01/25/2009 10:18:19 AM PST by litehaus (A memory tooooo long)
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To: litehaus
Are we here, maybe, on 'The Rule Of 72?'

No, we're on the Jimmy can't multiply rule.

Jimmy may be correct...

LOL!

Take 0.933 and raise it to the 15th power. Feel free to post your result.

26 posted on 01/25/2009 10:20:24 AM PST by Toddsterpatriot (Will the doomers ever buy a calculator?)
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To: dennisw; sickoflibs; Grampa Dave
"He's irritatingly un-American and has thrown in his lot with China."

You are so right! And that is why I wouldn't spit on the best part of him, or his creepy so called advice!!!

27 posted on 01/25/2009 11:23:03 AM PST by SierraWasp (The Jim Jones of the 21st Century is now POTUS!!! Premier 0bama the illegitimate!!!)
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To: Toddsterpatriot

RE :”I’m predicting his claim of zero oil in 15 years is wrong. “

He actually said “.. in 15 years there is not going to be any oil at any price unless something dramatic happens” So your prediction matches his even though you are trying to play got-ya and not really claim anything about future prices(so no one can play got-ya with you.)


28 posted on 01/25/2009 11:28:07 AM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: SierraWasp; dennisw; Grampa Dave

He refused to move to China because of the pollution. Still, China paid for most of GWB/Pelosi stimulus and bailout packages, and WOT. America loves their cheap products and their loans even though they build weapons to threaten us. I heard a theory that China can’t fight us because we owe them too much money. America is still up for another Chinese funded democrat give-away so called stimulus package, being in love with Obama. In fact I even read some of the bailout went to Chinese investors. I guess Rogers is following the money.

Back to investments. I just as assume survive and not have my life savings printed or taxed away , if possible.


29 posted on 01/25/2009 11:45:18 AM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: SierraWasp; Grampa Dave

One day we’ll have to have a contest to find out who loathes Jim Rodgers more. Plus his bow tie shtick is dated and lame. I hope he eats a bad fugu fish and keels over


30 posted on 01/25/2009 12:47:08 PM PST by dennisw (Meshuggah Muhammad put the following words in the mouth of his sock puppet deity...................)
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To: sickoflibs

Jim Rodgers has pledged allegiance to a foreign nation that is our rival. This would be China. He is making sure his little girl learns Mandarin. All this based on China being a nation of the future which loves to proclaim all the time.

Jim Rodgers should drop dead


31 posted on 01/25/2009 12:52:44 PM PST by dennisw (Meshuggah Muhammad put the following words in the mouth of his sock puppet deity...................)
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To: SierraWasp
You are so right! And that is why I wouldn't spit on the best part of him, or his creepy so called advice!!!

For years he's been touting commodities and emerging nations such as China. Hopefully he got burned real bad

32 posted on 01/25/2009 1:02:07 PM PST by dennisw (Meshuggah Muhammad put the following words in the mouth of his sock puppet deity...................)
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To: sickoflibs
“.. in 15 years there is not going to be any oil at any price unless something dramatic happens”

His bad math still makes me laugh.

So your prediction matches his even though you are trying to play got-ya

No. I said that even if his prediction comes true, reserves down 6.7% a year, there will not be zero oil. You realize that 0.933^15 is much much larger than zero?

33 posted on 01/25/2009 3:52:09 PM PST by Toddsterpatriot (Will the doomers ever buy a calculator?)
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To: sickoflibs; dennisw; Grampa Dave
"I guess Rogers is following the money."

YES!!! A prime example of Pragmatism which is nothing but expediency to the 15th degree!!!

He's on his own in an "every man for himself" world and will die alone and broke of a diseased mind!!!

A man without a country, so to speak...

34 posted on 01/25/2009 4:22:27 PM PST by SierraWasp (The Jim Jones of the 21st Century is now POTUS!!! Premier 0bama the illegitimate!!!)
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To: Toddsterpatriot

>>The specific prediction about oil running out in 15 years is wrong.<<

For once, I agree with you.


35 posted on 01/25/2009 4:49:05 PM PST by ding_dong_daddy_from_dumas (I want to "Buy American" but the only things for sale made in the USA are politicians)
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To: SierraWasp

RE :A man without a country, so to speak...

8 years ago I might understand you but today I sort of know how he feels. Especially when I see polls. I guess that’s why I only care if he is giving good advice.


36 posted on 01/25/2009 5:09:47 PM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: sickoflibs
Since I've spent time in politics and even some time in office, I cannot trust most of the polls being presented. Especially by a media that simply uses them to make news, manipulate news and muddy the political waters with slanted diversions!!!

Anyone who turns their back on this nation, regardless of one's bitterness over superficial polls, is exercising terrible judgement and is not fit to give Americans advice of any kind.

When you throw in the towell on America and actually vote with your resources in directions that dismiss your homeland, or even your adopted nation, then you should also surrender your citizenship with all it's protections, including the right to vote in a secret ballot election, IMHO!!!

Don't get me wrong. I agree with Ayn Rand and "The Virtues of Selfishness," but I deeply resent American citizens who stop acting (and investing) like one!!!

37 posted on 01/25/2009 10:20:12 PM PST by SierraWasp (The Jim Jones of the 21st Century is now POTUS!!! Premier 0bama the illegitimate!!!)
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To: Toddsterpatriot
No. I said that even if his prediction comes true, reserves down 6.7% a year, there will not be zero oil. You realize that 0.933^15 is much much larger than zero?

What Roger's means is that at a 6.7% decline rate, very, very shortly (e.g. mexico in 2-3 years) the # of exporters of oil will fall to zero. Read up on "export land model"

There's nothing wrong with Roger's math. Glad I could help.
38 posted on 01/26/2009 6:54:52 PM PST by dollarbull
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To: dollarbull
What Roger's means is that at a 6.7% decline rate, very, very shortly (e.g. mexico in 2-3 years) the # of exporters of oil will fall to zero.

No oil available at any price means no oil. It's much worse than no oil for export.

There's nothing wrong with Roger's math.

LOL! You're funny.

39 posted on 01/26/2009 7:00:47 PM PST by Toddsterpatriot (Will the doomers ever buy a calculator?)
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To: Toddsterpatriot
No oil available at any price means no oil. It's much worse than no oil for export.

I'm sure they'll export oil for gold. No price in dollars will work though
40 posted on 01/26/2009 7:03:00 PM PST by dollarbull
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To: dollarbull
I'm sure they'll export oil for gold.

Oil will still be available? Tell Jim he was wrong. LOL!

41 posted on 01/26/2009 7:07:22 PM PST by Toddsterpatriot (Will the doomers ever buy a calculator?)
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To: Toddsterpatriot

Let me help you out, you need it:

http://letmegooglethatforyou.com/?q=export+land+model


42 posted on 01/26/2009 7:25:01 PM PST by dollarbull
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To: dollarbull
Let me help you out, you need it:

“The international energy agency has come out with a report showing that the world’s oil reserves are declining at a rate of 6.7 % per year even after discoveries. You can do the arithmetic, in 15 years there will not be any oil at any price unless something dramatic changes"

43 posted on 01/26/2009 7:43:30 PM PST by Toddsterpatriot (Will the doomers ever buy a calculator?)
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To: sickoflibs
“The international energy agency has come out with a report showing that the world’s oil reserves are declining at a rate of 6.7 % per year even after discoveries. You can do the arithmetic, in 15 years there will not be any oil at any price unless something dramatic changes. … the facts are all the world oil reserves are in serious decline. This is true of all commodities you are going to see huge supply problems, the worlds inventories of food are the lowest they have been in 50 years. We have a shortage of fertilizer, we have a shortage of tractors, and we have a shortage of farmers… .”

Yes, millions of us might be starving to death in 20 years, but on the bright side, bailed out banks are buying private corporate jets... /sarcasm

44 posted on 01/26/2009 7:47:15 PM PST by GOPJ (Corrupt business decisions get bailed-out. Why should I play by the rules?FReeper-pierrem15)
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To: GOPJ
His analysis seems sound. Remember the oil shortage of 1970s led to oil glut of 80s-90s , which led to shortage up to 2008. If the economy had not crashed we might have cycled through lows again, but the crash is starving investment. Plus democrats have multiple inflation strategies: unions, green energy, printing money, .

I feel like everyone, both parties, the media, the investment advisors are all lying to us about the value of government massive debt based action. Like in 1973 Soylent Green

45 posted on 01/26/2009 8:05:12 PM PST by sickoflibs (Obama : " We need swift immediate action on my 10 year government spending plan")
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To: dollarbull
Where did your other thread go?

:^(

46 posted on 01/27/2009 5:15:41 AM PST by Toddsterpatriot (Will the doomers ever buy a calculator?)
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To: sickoflibs
Rogers is a smart dude - his analysis on this seems sound to me too. Sound and horrifying.
47 posted on 01/27/2009 5:58:13 AM PST by GOPJ (Corrupt business decisions get bailed-out. Why should I play by the rules?FReeper-pierrem15)
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To: litehaus

By actual count on this thread, 1/2 of Freepers understand discounted cash flow.


48 posted on 01/29/2009 8:19:45 PM PST by HardStarboard ("The urge to save humanity is almost always a false front for the urge to rule - Mencken knew Obama)
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To: sickoflibs

Thanks for the ping. I learn a lot on these threads. This is the first time I’ve heard of Jim Rogers.

Smart guy, but he needs to see his doc for a physical. He gets out of breath when he talks and I don’t think he is the anxious type.


49 posted on 01/29/2009 8:56:13 PM PST by Canticle_of_Deborah
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To: sickoflibs
Sounds like famine on a large scale.

I believe the Four Horsemen of the Apocalypse are about to be unleashed.

50 posted on 01/29/2009 10:00:15 PM PST by happygrl (BORG: Barack 0bama Resistance Group: we will not be assimilated)
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