iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,471 Blog Posts

Marx Would Be Proud

[youtube:http://www.youtube.com/watch?v=mjc_jQo_GwA 550 400] If you enjoy the content at iBankCoin, please follow us on Twitter

34 comments

  1. T MOE

    Gotta love Jim Rogers. He tells it like it is.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. j

    yea, but who’s the chick interviewing him? She’s a looker or what!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. T MOE

    Like Armstrong says – Karl Marx was the most influential economist that perhaps ever lived.

    Marx believed that if people want to believe, they just do, even in the face of an absence of a systematic scheme.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. blahblahblah

    Rogers says the same thing in all his interviews. Buy his indexes, gold,oil blah blah blah.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. T MOE

    Swine Flu Extends Reach, Sickens Hundreds in New York

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aQh8zY5ZvltM&refer=home

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Mushroomz

    Check out my Bullish Diamond Flag:

    http://www.ibankcoin.com/peanut_gallery/index.php/2009/04/29/behold-the-bull-diamond-flag/

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. T MOE

    Rogers says the same thing because they always ask him the same questions

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Buckeye Bob

    Fed Is Said to Seek Capital for at Least Six Banks After Tests

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aweHgQbc9BFI&refer=home

    Time to sell FAZ(on the rip) and buy FAS (on this dip) before the SEC throws shorty from the train

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. cdnprairiedog

    Groucho or Harpo?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. blahblahblah
    Rogers is a self-made billionaire, and you?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. London

    You know sentiment swung too happy when yahoo comes out saying “oh, -6.1% is good news because we’re fixing the inventory cycle” Oh, is that what this was all about?

    I miss the old days when men were doomed and fly was pissed.

    well, maybe, not really…

    But sentiment is still too positive.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. He’s talking his book. Hey J, is this guy your neighbor? http://www.tesladownunder.com

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. TheArtist

    beware,
    other financial institutions will go the way that E-Trade has gone this morning, -26% in pre due to massive dilution risk.

    this problem will work its way down the line.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. @THE_REAL_SWINE

    This man is always outspoken, but there is a lot of truth to the words in this particular interview. Worth noting in Swine’s opinion.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. JakeGint

    “Always talking… always doing things, and always doing things with his money… ”

    Like right now, he is contracting with my network to purchase me.

    She wasn’t taught “the boys need her more than she needs them?”

    Aw… c’mon!

    ___________

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. j

    Hey J, is this guy your neighbor?

    Thank god no.

    Artist:

    other financial institutions will go the way that E-Trade has gone this morning, -26% in pre due to massive dilution risk.

    Artist, no kidding, but you reckon a 26% move in a financial stock should even be talked about as though it’s a massive move these days?

    Anything short of 80% in the first hour is a big yawn. In any event $15 billion dilution is basically talked into the price of BAC etc.

    If the BAC dilution comes in at $10-15 million it will eventually be bullish for the stock, is how I see it.

    You know how this dilution/ more capital caper will be spun bullishly?

    The fed will say that the stress test also tested for a steeper decline in the economy and in order for the banks to insure themselves with protection the Fed suggests a higher capital base.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Maria Bartilingus
    Maria Bartilingus

    Jim Rodgers is a douchebag. He’s a whore for the camera. He’s ALWAYS available when the media dumbasses need someone in a bow tie to yack about the same old shit about commodities and how his daughter will speak Chinese. I bet he and Larry Kudlow pee on each other in the bathhouse.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. j

    maria

    Tell us what you really think of Jimmy.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. Bman

    Rogers is a close friend of George Soros, as they both managed a hedge fund together. Soros is co-owner of Cede & Co., better known as the DTC (a branch of the corporate-owned Federal Reserve), which is at the center of the naked short scandal that continuously eludes the corrupt SEC.

    In other words, Rogers is an insider. But he’s not very accurate in his predictions. Others are more predictive and better able to discuss the core of the problems. Rogers gets far more air time, however. He did move to Singapore, however — that’s saying something.

    IMO, he’s an elite insider who’s fully aware of the communist ideal that David Rockefeller envisioned in his “The Crisis of Democracy” or his pro-Chinese model article in the Washington Post, 1973.

    Half the time it seems Rogers exists to plant well-coordinated, prepared ideas, and not really make anyone money.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. Maria Bartilingus
    Maria Bartilingus

    A savvy, seasoned investor with wisdom spanning multiple markets and decades. Seriously, I had him over to my place once for some Harvey’s Bristol Cream and canapes and HE-WOULDN’T-TOUCH-ME! Can you b’lieve it. The Kudlow thing is just a whisper that’s the thing about China – you can PLAY in ways you might not in this town. Gotta get back on the set… EAT ME.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. j

    Any of you dudes trade DE. It’s tremendous stock to trade and help pay the utility bills.

    It as some pretty decent swings and you can trade a 5 buck range. As a old currency trader it reminds me of the Deutschmark of old.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. gappingandyapping
    gappingandyapping

    -6.4% GDP and you are still trying to short this market? Only someone infected with Swine Flu would short this fucking market here. There is a put in the market evidently, call it the “Printing Press Put”, if you will.

    By the way it appears 80 Million new jobs were created today.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. Cash-N-Guns

    LVLT u mexican cocksucker with swine flu bitch…fuck

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. the prof

    stand back. Maw’s putting a new mojo on amazon…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. T MOE

    Another morning of dismal economic numbers and sharply lower earnings and other move up by this fuckery of a market on low volume. The herd has formed and it continues to add sheeple. Fundamentals are being ignored and people are relying on hope. Do the fundamentals really matter??

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. Bman

    I’ve replaced Rogers with:

    Nouriel Roubini (consults the Fed)
    Michael Hudson (consults the Fed and other govts)
    Adrian Salbuchi (Argentine economist)
    Lyndon LaRouche (reputed to have the best intelligence gathering service outside of our own govt — also, he’s fairly predictive; his theories go a little far sometimes)
    Schiff — still examining, seems too reactionary
    Celente — still examining
    Faber — still examining

    Got any others I should watch?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  27. TX Slave Trader

    I realize this is not a third tier blog for chicken shit stocks, but COIN has a really cool business model and is breaking the fuck out.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  28. No one knows Jimmi’s net worth and he and Soros were just connected by money, not friendship. Buffett has indirectly replied to the commodity play by suggesting that the right commodity stocks should be superior to the commodities themselves.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  29. FLY's Love Child
    FLY's Love Child

    FLY,

    DRYS seems to be popping from a Bull Flag….

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  30. Bman

    The French, pro-democracy (anti-socialism) thinktank Leap/2020 has interesting predictions, but I have no idea where they get their intelligence, as most of their 40 or so contributors are anonymous.

    Catherine Austin Fitts is predictive and she has logic and insider experience to back it up.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  31. Bman

    Anonymous: “he and Soros were just connected by money, not friendship”

    Got any sources to confirm this? Everyone I know who manages a hedge fund is pretty much good buddies with the others helping to manage it. Not sure how you could do this otherwise. Lots of trust involved.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  32. Bman

    Side note: TSO (Tesoro) has entered the final end stage of triangle formation and is getting ready to bust to the upside. This is a Woodshedder pick.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  33. Bman Says:

    Anonymous: “he and Soros were just connected by money, not friendship”

    Got any sources to confirm this? Everyone I know who manages a hedge fund is pretty much good buddies with the others helping to manage it. Not sure how you could do this otherwise. Lots of trust involved.

    “Got any sources to confirm this?”
    Got an sources to refute this? I don’t know either way but I do know in 20-30 interviews I’ve seen, Rogers has never mentioned Soros. Good buddies? When did they work together? 20 years ago?

    “Everyone I know who manages a hedge fund is pretty much good buddies with the others helping to manage it”

    So how many hedge fund managers do you know? 550? 70? 2? 1?
    So if all hedge fund managers you know are “pretty much” good buddies, then all hedge fund managers must be good buddies. Irrefutable logic.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  34. Bman

    Anonymous: So we don’t know the true level of friendship between Soros and Rogers, afterall. I’ll keep an eye out for info on it, though. I find it strange that Rogers mentions nothing about Soros.

    I have interviewed with a few smaller funds, locally. Very close-knit people.

    • 0
    • 0
    • 0 Deem this to be "Fake News"