Jim Rogers throws his support behind Ron Paul!!!

MKTrader · Aug 31, 2011

Quote from plyka:

Jim Rogers certainly is. The guy doesn't even live in the USA anymore. He lives in Singapore. Also, he is a multi-billionaire that's old. Where are his biases?

In fact, Jim Rogers has made incredible amounts of money over the last decades in commodities, not to mention the glorious amounts of monies he made before that time. Ron Paul would be his worst nightmare, in fact, if he wants to continue making money in commodities. Commodities are in a major secular bull market, mainly due to monetary inflation. A hard money guy like Paul would be detrimental for the commodity bull market.

I'm sure Rogers knows this. I've heard other "gold bugs"/commodity bulls say the same thing re: Paul's policies and PMs. I'm also sure Rogers would rearrange his portfolio if there were a true sea change in our economic landscape. Remember, Jim has been at this since the early 70s (co-founder of the Quantum Fund) and has made money outside of commodities before.

MKTrader · Aug 31, 2011

Quote from plyka:

2) Warantless wiretapping, secret prisons, the patriot act and other civil liberties? Obama is Bush re-incarnate.

.

Tack on the (In)Justice Dept and ATF, who haven't been such loose cannons since the mid-90s, and I'd say it's worse.

rew · Aug 31, 2011

Quote from tim888:

The only hope of permabears to ever make money shorting US equities is to elect someone who advocates the gold standard and wants to abolish the FED. It is clear that the FED actions have done a lot of damage to permabears and they want it abolished.

If Fed money printing is the only thing holding up the stock market then the damn thing should be allowed to die.

rew · Aug 31, 2011

Quote from member:

There are two camps:
First camp: the deflation camp : against government spending, beside higher unemployment and falling asset prices â falling stock market, they are invested in us government debt or sitting on cash. They are the benefactors of a recession or a depression.
Second camp: the inflation camp: beside reviving the economic growth and put people back to work. obviously government debt and USD cash holders will loose out due to inflation when debt is inflated away Government spending encourages economic growth and putting American people back to work. At this point there is a tug of war.
Ron Paul supports camp 1. But anyway ; I support one if his idea of individuals having the option to opt out of the system and not paying anymore taxes. They should be free to go anywhere after all their wealth is confiscated which they gained in our society and they will never have to pay any taxes ever againâ¦
Summing it up: Ron Paul is a clueless idiot, he has no idea what created peoples wealth and that there is a trade off after binge drinkingâ¦

You are a clueless idiot who has swallowed the lie that a functioning economy requires unending inflation (and thus confiscation of savers' wealth). Krugman would be proud of you.

intradaybill · Aug 31, 2011

Quote from rew:

If Fed money printing is the only thing holding up the stock market then the damn thing should be allowed to die.

Money printing is a legitimate operation and a legit task of any central bank.

Do you think AAPL is held up because of money printing?

Maybe some financial stocks that have lost importance.

I suggest you start looking at the long side too. I think Tim888 is correct. There are some bears here who in the face of ever making a profit would like to see their country destroyed or run by lunatics who want to revive failed systems and shift wealth to a few gold holders around the world.

intradaybill · Aug 31, 2011

Quote from rew:

You are a clueless idiot who has swallowed the lie that a functioning economy requires unending inflation (and thus confiscation of savers' wealth). Krugman would be proud of you.

What is wrong with inflation? Actually a little inflation is a good thing. It is a mechanism for shifting wealth from lenders to borrowers. Only aristocracy hates a little inflation. You know the type of people that have elected EU officials.

Bernanke is doing a good job but not enough. He should pump more.

Now cry...

GS19 · Aug 31, 2011

The best way to solve the mess is to never get into this situation in the
first place. If you take in 10 billion than spend 9.5 billion and save the
rest. If the economy drops for a year or so then you have money to cover the short fall. Thats how I run my business. We are doing fine.
Spend less or take more in.

Dosn't sound to tough to me!

GS

fickletrader · Aug 31, 2011

Quote from intradaybill:

What is wrong with inflation? Actually a little inflation is a good thing. It is a mechanism for shifting wealth from lenders to borrowers. Only aristocracy hates a little inflation. You know the type of people that have elected EU officials.

Bernanke is doing a good job but not enough. He should pump more.

Now cry...

You said it yourself. Inflation is a wealth transfer mechanism. That's the problem with it. Do YOU set the interest rate targets and bank reserve ratios? No, you don't, so you're just like me playing this STUPID guessing game about what is the fed going to do, what will Greenspan/Bernanke slip into his statement next, what yield curve will be engineered next, etc. You sound like one of those useful idiots who's happy about being scammed.

Let the free market set interest rates instead of a central planning committee. Ron Paul is my champion.

dumb_mother · Aug 31, 2011

seeing all of these posts where people recognize that ron paul is the only politician i've heard of who isn't corrupt as hell gives me at least a little hope. i've already sent him some money and plan on sending him more to each of his money bombs. here is an interesting link as well for all of you who are brainwashed by the media (and it's probably the only article ever posted by the huff post worth reading)

http://www.huffingtonpost.com/robin-koerner/ron-paul-can-win_b_939993.html

Quote from newguy05:

fed will not be abolished if ron paul becomes president even if he advocates it, just as the cia wont be disbanded...

But ron paul will force a lot of changes in washington for the better, mainly fiscal responsibility and government roles.

I mean who else are you going to vote? obama? romney? or the retard twins - bachmann/palin?

it's not like there are a lot of choices...

Quote from LEAPup:

Ron Paul is what the US is screaming for imo. Sadly, ALL mainstream press doesn't find common sense sensational enough to give time to, meaning a true Patriot gets ZERO airtime.

It's all about the drama, and sensationalism as it sells ads while the sheeple watch.

Quote from ajcrshr:

Ron Paul isn't the best possible candidate, but he is the only one close to having a clue what the important issues are and what needs to be done. Any American that cares about their children's future needs to seriously consider supporting Ron Paul.

Quote from Zr1Trader:

I feel like Ron Paul is the only non corrupt politician left in this country.

Quote from newguy05:

everyone should vote for ron paul if they want to save america.

some of his beliefs are out of wack but his core ideas are what america needs, and he's the only politician that will actually force change and not worry about election votes.

ps i have voted democrat all my life.

traderslair · Aug 31, 2011

Please get that monkey out of the white house. It has been the worse president ever in my life.