Bearish News » Emerging Markets

Ron Paul’s Predictions From 2002

Adam Sharp — Fri, 20 Jan 2012 07:37:33 +0000

Not all are right (yet, anyway). But many have come true, such as “The U.S. with Tony Blair as chief cheerleader, will attack Iraq.” Lots of insight on gold & currencies too:

Jim Rogers’ Outlook For 2012 & Beyond

Adam Sharp — Wed, 28 Dec 2011 14:38:17 +0000

Nice long interview with Jim Rogers. Enjoy:

TL;DW:

Explains why he moved to Singapore (likes China, but Bejing & Shanghai too polluted)
He’s short stocks “across the world”
Long commodities
Long gold, silver
Crisis still imminent, better to take the hit now

Ron Paul’s Foreign Policy: Non-Interventionalism

Adam Sharp — Wed, 21 Dec 2011 21:03:23 +0000

Nice overview of his views on foreign-policy blowback, Iran, etc.

You Like Ron Paul, Except on Foreign Policy

Update on China’s Ghost Cities

Adam Sharp — Fri, 09 Dec 2011 21:56:06 +0000

China, along with the rest of the universe, continues to prove just how wrong Keynesians are about infrastructure/stimulus spending. Almost always, the result of such spending is a handout to politicos. It causes incalculable disruptions to the real economy. No matter how well-intentioned the pundits who begged for it were.

As a result of the bad debts created, China will continue to devalue their currency and continue to have high inflation.

Commodity Index up 252% in last 10Y. Hence… Deflation?

Adam Sharp — Thu, 24 Nov 2011 05:33:48 +0000

A broad index of commodities, as tracked by IndexMundi.com (great site), is up 252% in the last 10 years.

So when an influential idiot like Christina Romer says, “the spectre of inflation is quickly fading”, as she did on Bloomberg TV recently, it makes one wonder. What is the time period these people are looking at? A week? A month? Only ones when commodities are down?

Stop to consider the fact that these price increases have occurred despite stagnant wages (the Keynesian’s preferred deflation argument being that inflation cannot occur without matching wage hikes) AND crawling money-velocity since the crunch. No matter what the Fed does, it is screwed going forward.

Tighten? Raise rates. Crush increasingly credit-dependent zombie economy (and banks, for some reason the Fed seems to favor the institutions who own it)
Expand lending? Massive inflation, continuation of zombie economy.
Keep lending slow, monetize debt. Hyperstagflation, ugly.

If I had my pick, I would of course go #1. Every time. But that’s not likely to be the case (for a while yet).

And regarding investment choices today, they’re a bit like a school cafeteria; sh1tty choices, but clear winners. I am looking to buy more precious metals and foreign bonds (pizza & french fries).

More Jim Rogers: ECB Will Likely Start Printing

Adam Sharp — Mon, 17 Oct 2011 01:17:09 +0000

Another great interview with Jim Rogers, one of the few truth-tellers who continues to get MSM air time. Here he talks with Larry Kudlow, who brings up an important issue — whether the EU will eventually follow the Federal Reserve in their currency devaluation strategy. Other topics discussed: Fed lies, M2 money supply exploding, looming (potentially disastrous) global inflation.

I took advantage of the recent dip in silver prices, bought more. There are few things I want to own today more than gold & silver bullion. Global printing just getting ramped up. Bad as things are today, I believe this is the calm before the storm.

h/t Robert Wenzel.

Jim Rogers on the Latest US-China Trade War Spat

Adam Sharp — Sun, 09 Oct 2011 04:33:30 +0000

U.S. politicians from both sides of the aisle are lining up to support possible trade sanctions and tariffs on China. Apparently the enthralled ignorami we call our “representatives” are reacting to China’s currency manipulation (as if Tim G. & the gang are helpless bystanders in the global currency wars).

Rogers warns against such economic blunders, noting “We had a trade war in the 1930′s, it led to the Great Depression.”

Shortly after that bludgeoning remark, Rogers adds “We already have small signs of trade wars breaking out in Brazil, France, other places, now America. This could be very dangerous in the end.”

Use the search function (top-right) to find more Jim Rogers stuff. Lots of videos in the archive from this wise investor.

Check It:

1) Jim Rogers Supports Ron Paul
2) Ron Paul 2012 Plug - Shameless

Dick Morris & Bill O’Reilly: Economically-Challenged

Adam Sharp — Wed, 31 Aug 2011 22:14:01 +0000

So glad somebody did this. I saw Dick Morris on Bill O’Reilly’s show, attacking Ron Paul. When he spewed this nonsense about the gold standard I almost lost it, “[Ron Paul] is literally saying the USA economy should only be allowed to grow as much as gold is extracted from the earth”. Such a misinformed, ignorant view of the monetary system.

Via the Young Turks, who credit RonPaulForums.com as assisting.

Ron Paul on PBS: Great Interview

Adam Sharp — Fri, 26 Aug 2011 17:29:20 +0000

Dr. Paul explains why regulation, as traditionally viewed, would not be necessary in a real free market. Bailouts, monetary policy hamper natural market function. Lots more:

Hat tip LewRockwell.com

Rabid Atheist Takes On Ron Paul ‘Cult’

Adam Sharp — Thu, 18 Aug 2011 06:22:19 +0000

It was a little odd to watch this. Just because, for a brief while, I myself was a dedicated atheist (ages ~12-15). To clarify, I still don’t believe in God, per se. But I have realized that it is counterproductive and pointless to argue with anyone’s religious beliefs.

Not to mention, cruel, in a way. Arguing with a believer comes down to this: If you succeed, you may ruin someone’s emotional support system. If you fail, you make a bad impression. It’s a lose-lose. This may sound obvious more religious folks, just realize that it’s not to everyone. Especially those of us who got a liberal arts degree.

Anyway, here’s some rabid atheist ranting against Ron Paul. While he sees some potential upside (less war), he thinks we need to “consider other things, too”. Uh-huh.

Found dude’s site http://thatfatatheist.com/ — he’s kinda funny. But I’ve met guys who seem similar. I once debated with one for 4-5 hours. That’s how long it took till I won, and he endorsed Austrian econ, RP.