Trolls

Generali

mramra wrote: »

Best to ignore it.







Ooops! :mad:

Quite possibly. I suppose the True Troll would post a complaint about trolling and then revisit now and again to stir things up. Gah!

Seriously though, the trolls have been out in force the past couple of days I reckon.

setmefree2

Generali, there is alot of scaremongering going on in the UK press and I think there is back lash against it. Jim Rogers seems to have ignited alot of anger here trying to "talk-down" the pound and trashing Britain. I have noticed this anger, even amongst city folk. I have seen many commentators on CNBC and Bloomberg really angry with him. That anger spills out on to this board I suppose.

Generali

setmefree2 wrote: »

Generali, there is alot of scaremongering going on in the UK press and I think there is back lash against it. Jim Rogers seems to have ignited alot of anger here trying to "talk-down" the pound and trashing Britain, even amongst city folk. I have seen many commentators on CNBC and Bloomberg really angry with him. That anger spills out on to this board I suppose.

Perhaps. It seems a little odd that a person who would have been pretty obscure to most a couple of months ago would stir such great emotions now.

Is he all over the front pages then? Clearly I can't know that.

setmefree2

Generali wrote: »

Perhaps. It seems a little odd that a person who would have been pretty obscure to most a couple of months ago would stir such great emotions now.

Is he all over the front pages then? Clearly I can't know that.

His comments were everywhere - honestly. I think his comments had such a bad effect because last Monday, the 19th, was quite a bad day here. The RBS write-offs came as a massive shock to all. I think,imho, last Monday was the worst day of the credit crunch so far in the UK. One of the presenters on Squawkbox (CNBC) was totally livid with Jim Rogers - it's so obvious he was just out to make money for himself.

I suppose people can't have a go at Jim Rogers so they react to the scaremongers on MSE? Bit of armchair psychology there LOL.

IveSeenTheLight

Generali wrote: »

Lots of trolling, aggressive posting, idiots on the board the past couple of days it seems.

Don't feed the trolls.

I use ignore - that helps.

I dont use ignore, I am now imposing a no respond attitude.
By not closing your ears / eyes, you may still learn some usefull information. this trick is not to get caught up if you do think it is a "Troll" / wind up post

purch

What constitutes a "troll"?

Well in Oz they probably look all warm and cuddly but are deadly poisonous..........over here though, they look nasty but are generally totally harmless !!!

Conrad

I welcome the trolls, and enjoy the full spectrum of debate.
Nothing to fear.
I will never use ignore as I persoanly find it a little childish.

setmefree2

setmefree2 wrote: »

His comments were everywhere - honestly. I think his comments had such a bad effect because last Monday, the 19th, was quite a bad day here. The RBS write-offs came as a massive shock to all. I think,imho, last Monday was the worst day of the credit crunch so far in the UK. One of the presenters on Squawkbox (CNBC) was totally livid with Jim Rogers - it's so obvious he was just out to make money for himself.

I suppose people can't have a go at Jim Rogers so they react to the scaremongers on MSE? Bit of armchair psychology there LOL.

Had a few extra thoughts.

1) Even GB responded to Rogers. Here:-

Gordon Brown also reacted angrily, saying that policy would not be dictated by "a few speculators who want to make money out of Britain."

2) In last nights Evening Standard Anthony Hilton was really fed up and in his column "Set for a show of Bank Power" wrote the following:-

"There is another aspect to sterling's fall that people tend to forget: in the battle with the speculators the BOE does not always come off second best. Ever since the UKs unsuccessful attempt in 1992 to remain in the European exchange rate mechanism ended in failure for the authorities and big profits for the likes of George Soros, it has come to be assumed that the central Banks are powerless in the face of a speculative onslaught.

But whilst it is true that the resources of the hedge funds and other speculators in the market dwarf the reserves of the central bank, the latter have the power to inflict pain.

The key is timing. A central bank has to pick its moment to intervene - which normally requires it to be patient while the currency is driven down to record lows. It needs then to make sure it has lined up support from the other key central banks so that they all pile into the market at once. This pushes the price up and forces some of the hedge funds to close their short positions, thereby adding to the upward buying pressure and causing more pain to the shorts.

....

We are not there yet - but before too long we should expect a similar effort by the Bank to remind spectulators that selling sterling short can prove very costly."



Personally, I hope Jim Rogers gets squeezed in such away. It might teach him a lesson next time he think of making comments such as "the City of London is finished" LOL:rotfl:

Generali

purch wrote: »

Well in Oz they probably look all warm and cuddly but are deadly poisonous...

Ah! You mean the Australian Death Troll. Wears a mullet and listens to soft rock. Drinks RTD Jack Daniels and Cola. Will corner you at a party anywhere west of Homebush and will bore you to death with tales of drunken sx and hobby cars.

skap7309

IveSeenTheLight wrote: »

I dont use ignore, I am now imposing a no respond attitude.
By not closing your ears / eyes, you may still learn some usefull information. this trick is not to get caught up if you do think it is a "Troll" / wind up post

Well said. Still to use 'ignore' even after being gobsmacked by some of the comments left sometimes. As you mention you may learn something and even if you do not above all it can usually be entertaining. That is why i like it here.