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Investors Lounge
hisah
#941 Posted : Monday, June 27, 2011 7:53:10 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
http://www.angelnexus.com/o/web/27449
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ceinz
#942 Posted : Monday, June 27, 2011 10:28:32 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Around the middle of this week the Greek Parliament would vote for the latest round of austerity measures necessary to get the second bailout package from the EU and the IMF. Many economic hotshots are saying that if the Parliament fails to pass the new batch of austerity measures, it might trigger a sell-off in high-yielding assets that could rival the Lehman Brother era!
“small step for man”
hisah
#943 Posted : Tuesday, June 28, 2011 10:38:54 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
http://online.wsj.com/ar...576411930841416682.html

All banksters should pay attention esp US Fed, ECB & BoJ. This is what happens when the hens wake up smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#944 Posted : Wednesday, June 29, 2011 5:01:30 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
hisah wrote:
http://online.wsj.com/article/SB10001424052702304447804576411930841416682.html

All banksters should pay attention esp US Fed, ECB & BoJ. This is what happens when the hens wake up smile

IMF...always dangling the carrot.but why do i also think that it was thru that governor that IMF black-handed to-the-weakness of Kabul bank?
Ceinz
#945 Posted : Wednesday, June 29, 2011 1:49:20 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
(RTTNews) - U.S. stock futures suggests nervousness ahead of a key parliament vote in Greek on austerity measures- a much needed approval to implement measures to appease Eurogroup officials before they can release further financing for the beleaguered nation.

As of 6:30 am ET, the Dow futures are rising 33 points, the S&P 500 futures are advancing 4.70 points and the Nasdaq 100 futures are gaining 9 points.

U.S. stocks advanced for a second straight day on Tuesday, as optimism concerning Greece successfully navigating through the parliament vote increased.

The major Asian markets ended mostly higher, with the buoyancy seen on Wall Street overnight, a positive industrial output data out of Japan and a rebound in commodity prices helping sentiment. Meanwhile, the Chinese market retreated sharply, with the Shanghai Composite receding over 1 percent. Hong Kong's Hang Seng Index ended flat.

Japan's Nikkei 225 average opened notably higher and moved roughly sideways for the rest of the session, closing up 148.28 points or 1.54 percent at 9,797, its closing level since May 11th.

The European markets are advancing strongly for a second straight session, with the major averages in the region trading with gains in excess of 1 percent each.

The Greek parliament is set to vote on austerity measures following 3 days of deliberations amid a lot of opposition from the public. The results of the vote are expected around 8 am ET.

Commodities are gaining further amid the weakening of the dollar.

WWW.RTTNews.com.
“small step for man”
cnn
#946 Posted : Wednesday, June 29, 2011 6:18:12 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
A relief for the markets,the Greek parliament has voted for the austerity measures by 155 votes in the 300 member parliament.
hisah
#947 Posted : Wednesday, June 29, 2011 6:46:38 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Moments before the voting... A stone throwing - teargas party...

http://www.youtube.com/w...;feature=watch_response

Eventually the Greece parliament passes the vote on austerity measures... And there goes the ministry of finance building up in smoke; literally!?

"The roof, the roof, the roof is on fire... Follow the leader..."

http://www.businessinsid...lding-is-on-fire-2011-6

http://www.reuters.com/a...e-idUSLDE75S0XY20110629

Egypt here we come... Some MV is about to tank soon...

And since the first time the Greece cracks showed up in Nov 2009, their stock market has been "very bullish"... with or without bailout?!Not talking Liar

http://www.tradingeconom....com/greece/stock-market
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Scubidu
#948 Posted : Thursday, June 30, 2011 12:36:25 AM
Rank: Veteran


Joined: 9/4/2009
Posts: 700
Location: Nairobi
karanjakinuthia wrote:
@Scubidu: The questions we should all be asking ourselves is:

1. What is the international perception of a currency?

2. Is the currency movement a structural shift or speculation?

For the first answer, the Australian and Canadian Dollars, Swiss Franc are presently considered as safe haven, therefore an increase in interest rates attracts capital. The opposite applies to the Euro whereby an increase in interest rates is bearish for it adds on to interest payments.

The second answer builds on the first, a structural shift is taking place with the rise of Asia, the fall of Western civilization due to debt and taxes, and concentration of capital in commodities. The Aussie ticks all three boxes, the Cando two boxes and the Swissie one box. Money supply will rise in all three nations as capital flows in, higher interest rates to dampen demand will have the opposite effect of drawing even more capital.


@Drake: This is an ascending triangle whereby there's an attempt to breach a resistance level multiple times. There's a swift break-out, fall back and run away:

http://stockcharts.com/s...ns:ascending_triangle_c



@kk. Thanks. Will look into this matter further. What you think of @ceinz point though.
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
Scubidu
#949 Posted : Thursday, June 30, 2011 12:42:56 AM
Rank: Veteran


Joined: 9/4/2009
Posts: 700
Location: Nairobi
Scubidu wrote:
@kk. Seems and sounds too fatalistic. If there was more severe tightening, you believe this would have happened anyway? I had a debate on whether this was simply a correction on the previous KES mispricing, but these price controls in the money mart have created the problem. CBK is complicit as evident by the use of the window; they just thought the market was rational.


Quick response to a breach of money mart price controls. CBK set a price ceiling on interbank, but, banks sort to exploit them. So keep banks in their place by not doing things in a conventional manner. Looks like a temporary solution though.

Read more:

http://www.businessdaily...2/-/tlqp9xz/-/index.html
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
Cde Monomotapa
#950 Posted : Thursday, June 30, 2011 5:29:11 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
What's up in this article? How is the CBR & Over-night rate related?
Ceinz
#951 Posted : Thursday, June 30, 2011 9:28:35 AM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Scubidu wrote:


@kk. Thanks. Will look into this matter further. What you think of @ceinz point though.


High interest rate currencies are now up, after doubts lingering in the market were removed following Greek's parliament vote in favour of austerity measures. The general market sentiment is less risk averse.

Reckon when Osama was Wanjiroed by Obama(How Kenyan this sounds?)Laughing out loudly , the Us dollar went ballistic, it was bullish for kedo 2+ weeks. That was risk aversion.
“small step for man”
karanjakinuthia
#952 Posted : Thursday, June 30, 2011 2:33:07 PM
Rank: Member


Joined: 11/13/2006
Posts: 551
Location: Nairobi
@ Scubidu and Ceinz. There are no permanent relationships in markets.

Markets are dynamic beings with new influences upstaging pre-conceptions and spawning conceptions.

Ceinz's assertions were correct in a manner of speaking. The actual cause of the Dollar's and Yen's strength in 2008 - 2009 was the deleveraging of otc derivative positions denominated in Dollard and the unwinding of the Yen carry trade.

Presently, capital is fleeing the THREAT of a DEBT DEFAULT. Flight from Europe doesn't find comfortable surroundings in the U.S., and neither in Japan. Therefore, the safe havens from potential debt default are Canada, Australia and Switzerland.

karanjakinuthia
#953 Posted : Thursday, June 30, 2011 2:34:48 PM
Rank: Member


Joined: 11/13/2006
Posts: 551
Location: Nairobi
Of interest, today's British public sector strike is 85 years (8.6*10) after the 1926 strikes:

"In Britain, strikes still plagued the nation. Coal miners, who throughout history seem to have struck every time they have had a chance, went on another rampage. Many in the U.S. were looking for coal exports to pick up sharply as they had in previous years, exporting nearly four million tons of coal to Britain. But this time the Brits really got out of hand. The strikers tried to effect a naval blockade. The Royal Navy was called out with trained guns ready and ordered to blow the strikers out of the water if they did not give up the effort." Greatest Bull Market in History by Martin Armstrong, pg. 119


In addition, they are taking place 17.2 days (8.6*2) after 2011.45 (June 13/14th 2011) on the Economic Confidence Model.

Coincidence?

hisah
#954 Posted : Thursday, June 30, 2011 6:21:46 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
https://twitter.com/#!/PIMCO/status/86427619062587393
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#955 Posted : Thursday, June 30, 2011 8:46:54 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
@KK - The UK protests pulled a crowd of approx 99000...

http://www.reuters.com/a...s-idUSTRE75T2MF20110630

Are gubberments about to express a global authority short squeeze...

MV's will continue tanking in the global unrest high seas...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#956 Posted : Thursday, June 30, 2011 9:56:31 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
hisah wrote:
@KK - The UK protests pulled a crowd of approx 99000...

http://www.reuters.com/a...s-idUSTRE75T2MF20110630

Are gubberments about to express a global authority short squeeze...

MV's will continue tanking in the global unrest high seas...

LOL!! Citizen, NTV & KTN should go cover these un-rests & blow them out of proportion and then GoK should double-up with a travel advisory!! Laughing out loudly
hisah
#957 Posted : Friday, July 01, 2011 10:44:26 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Is this a default or what? How then are the EAC currencies losing against the dollar?

http://www.politico.com/.../stories/0611/58107.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
karanjakinuthia
#958 Posted : Friday, July 01, 2011 10:50:39 AM
Rank: Member


Joined: 11/13/2006
Posts: 551
Location: Nairobi
karanjakinuthia wrote:
The United States: Timing the Path to Unrest


Dear Friends,

Let us begin with cycle analysis by Martin Armstrong. The 224 Year Cycle of Political Change in the United States peaked in 1637 with the revolution in England to end torture from the infamous Star Chamber. Adding 224 to 1637 brings us to 1861, the upheaval of the American Civil War.

The Cycle points to 2013 (1861+112+31.4+8.6) as beginning of political unrest in the United States feeding off the 8.6 year political down-cycle in Iran/Persia and Europe. Tremors are already being felt. Protests have begun in cash strapped Wisconsin, spreading to Ohio over budget cuts that will affect public workers. Legislators want to limit the bargaining power of labour unions, disenchanted teachers will hear none of it, boycotting classes. The timing cycle here is 21.5 days (8.6*2.5) after the beginning of the upheaval in Egypt bringing us to February 15th, 2011.



@Hisah, we are truly in the eye of the storm. Europe is feeding off the Middle East and will experience unrest until 2018.

The British protests, having occurred to a factor of 8.6 around 2011.45 (June 12/13/14 2011) is indicative of a new and growing intensity.

Bear in mind that protests flared up in Egypt once more 17.2 days from 2011.45

karanjakinuthia
#959 Posted : Friday, July 01, 2011 11:25:28 AM
Rank: Member


Joined: 11/13/2006
Posts: 551
Location: Nairobi
karanjakinuthia wrote:
@Scubidu: The questions we should all be asking ourselves is:

1. What is the international perception of a currency?

2. Is the currency movement a structural shift or speculation?



@Hisah. Let us try and answer the first question with a quote from Martin Armstrong:

"The Seven Year Drought Cycle

The agriculturals are all poised to generally double in price during this cycle. They will put tremendous pressure on Africa and the Middle East by famine and this will fuel further political unrest. So new highs are on the horizon for wheat, corn, oats, and soybean complex just to mention a few." Borrowing from the Rich to Keep Socialism Going pg 8

The Seven Year Drought Cycle he's referring to began in 2007 and will end in 2014. The latter date is important for it lines up with the 25.049 Cycle of War and Political Change:

1913: Advent of WWI
1938: Advent of WWII
1964: Advent of the Vietnam War
1989: Tiananmen Square, Fall of Berlin Wall
2014: ???

Markets, being collective and dynamic entities, are never wrong. The forex markets are possibly factoring in growing political unrest in East Africa due to rising food prices and famine.

youcan'tstopusnow
#960 Posted : Friday, July 01, 2011 8:40:07 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
hisah wrote:
@KK - The UK protests pulled a crowd of approx 99000...

http://www.reuters.com/a...s-idUSTRE75T2MF20110630

Are gubberments about to express a global authority short squeeze...

MV's will continue tanking in the global unrest high seas...

LOL!! Citizen, NTV & KTN should go cover these un-rests & blow them out of proportion and then GoK should double-up with a travel advisory!! Laughing out loudly


Laughing out loudly Laughing out loudly Laughing out loudly Talk about "RIGHT BACK ATCHA!"
GOD BLESS YOUR LIFE
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