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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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I follow u guys here especially to learn more on what's happening around the USD as U can see the Fed is now Zim's defacto Central planner  Not too concerned about resource prices as far as Zim is concerned as we've just come out of a 10yr recession & dis-industrialisation...so every(any) dollar counts. I rest assured that as long as commodities are USD denominated, the USD's relevance will maintain and will remain a global reserve ccy.
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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Cde Monomotapa wrote:@hisah.. I see where u r coming from and I guess due to ur exposure to both fx and equities, charts are key to ur way of things. On my part, i'd just have to take interest as i am an equities guy and any fx is done via the banksters in my bank stocks. I have a very strong hands on business background so i get to be fond of fundies..i see u can be a hybrid of Soros & Buffet somewhat n' that's cool i'm watching U. Buffet is my Jesus in this bizna..figurd if i'm to learn from someone, why not from a top 5 made man (according to American conduits) so I drink a lot of Coke as tuition fees to the man. I share ur sentiments on the paperness of money..so i love my wealth. Case in point..in my adventures in Zim pre-2009 there were sentiments around me that when we smelt the inflexion point of the macro economy is go cash in ZWD and do ccy reverse play...I resisted and kept my stocks..come 2009, GoZ printed the last batch of ZWD, bought back all ZWD govt.paper..a month later the GoZ abandoned ZWD and adopted the USD as the functional ccy..as U can see many were left with papers of ZWD at hand & bank! Lol! I kept my stocks and they were re-denominated in USD and a happy camper I am now . I now have both a hard ccy hedge and equity portfolio all in one . Infact a resource rally is timely for Zim, with its 42 minerals, so gold,plat,palladium,nickel,diamonds,steel,coal,chrome,ferrochrome,copper (to name a few) rallying all plays into my hand via Zim and is pulling up the economy up double time i'm a living hedge fund . Set up shop in Zim in '06 so I know what zero-calorie Q.E is and how 250M% inflation follows . So u see I have patience like nobody bizness, it is surely paying. Kenya's economy is no where close to the problems i've witnessd/experiencd in pre-2009 Zim. So I am happy to buy from the hap-less of the NSE @ throw away prices. Good, now we know who the real CDE is. Might be of interest to you to know that lots of comparisons have been drawn on Soros and Buffet, but more often than not they result in highlighting the stark differences between the investment styles of the two. Needless to say im a fan of Soros. Soros “I am a critic of the processes. I am not an entrepreneur who builds businesses. I am an investor who judges them. My function in the financial markets is that of a critic, and my critical judgments are expressed by my decisions to buy and sell.” “small step for man”
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Ceinz wrote:Needless to say im a fan of Soros.
Soros “I am a critic of the processes. I am not an entrepreneur who builds businesses. I am an investor who judges them. My function in the financial markets is that of a critic, and my critical judgments are expressed by my decisions to buy and sell.” Hahaha...i fear that Soros guy..too high octane for my blood, the very reasons some of his bids were rejected during the GFC. Bottom line, this world needs diverse pple like us to make things function. Good to meet ur acquintance @ceinz.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@Ceinz ur qoutation describes us perfect. I am indeed a process manager with the principle of prosper thy neighbor...so that I can grow my wealth over a very extended period of time 
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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Cde Monomotapa wrote:
Hahaha...i fear that Soros guy..too high octane for my blood, the very reasons some of his bids were rejected during the GFC. Bottom line, this world needs diverse pple like us to make things function. Good to meet ur acquintance @ceinz.
This guy ascribes to the principle of inflicting maximum damage at the very short time. This requires good mastery of the art of timing. Thats why I admire him. Buffet is the gradual, slow but sure guy. Thats said, there is a reason why Buffet is ahead of Soros in the forbes rich list. Regardless, I admire Soros More. “small step for man”
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Such are the principles of life: A rolling stone gathers no moss. Nevertheless, a lot of these things we acquire is for peace of mind. Still sleeping on one bed
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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Cde Monomotapa wrote:Nevertheless, a lot of these things we acquire is for peace of mind. Still sleeping on one bed The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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With two weeks to go till the deadline, seems Obama is playing the GOP & might get a deal. On the other side, most institutions have started giving the gobal rating firms a wide berth & one of the first to come out & say this was PIMCO. Now if PIMCO the world's largest bond investor starts to play you then you are in trouble. This tends to take me back to WB & his investment in Moody's & what are expectations on his stock plays. 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Cde Monomotapa wrote:@hisah.. I see where u r coming from and I guess due to ur exposure to both fx and equities, charts are key to ur way of things. On my part, i'd just have to take interest as i am an equities guy and any fx is done via the banksters in my bank stocks. I have a very strong hands on business background so i get to be fond of fundies..i see u can be a hybrid of Soros & Buffet somewhat n' that's cool i'm watching U. Buffet is my Jesus in this bizna..figurd if i'm to learn from someone, why not from a top 5 made man (according to American conduits) so I drink a lot of Coke as tuition fees to the man. I share ur sentiments on the paperness of money..so i love my wealth. Case in point..in my adventures in Zim pre-2009 there were sentiments around me that when we smelt the inflexion point of the macro economy is go cash in ZWD and do ccy reverse play...I resisted and kept my stocks..come 2009, GoZ printed the last batch of ZWD, bought back all ZWD govt.paper..a month later the GoZ abandoned ZWD and adopted the USD as the functional ccy..as U can see many were left with papers of ZWD at hand & bank! Lol! I kept my stocks and they were re-denominated in USD and a happy camper I am now . I now have both a hard ccy hedge and equity portfolio all in one . Infact a resource rally is timely for Zim, with its 42 minerals, so gold,plat,palladium,nickel,diamonds,steel,coal,chrome,ferrochrome,copper (to name a few) rallying all plays into my hand via Zim and is pulling up the economy up double time i'm a living hedge fund . Set up shop in Zim in '06 so I know what zero-calorie Q.E is and how 250M% inflation follows . So u see I have patience like nobody bizness, it is surely paying. Kenya's economy is no where close to the problems i've witnessd/experiencd in pre-2009 Zim. So I am happy to buy from the hap-less of the NSE @ throw away prices. Wow. You got steely nerves to ride the Zim madness... What happened there during the blowoff inflation would have led to a lot of heart failures were it in Europe at the current times... As long as you have your game right, survival is possible even during the carnage. Kudos. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Iran opens an oil bourse?! Yes it has while the US & Eurozone political toons & central planners are busy entertaining us. Now since the persians are buddies with the ching & russians, rubles & yuans/Rmb will be used for trade. That should make the petrodollar masters very pissed. So is Osama about to resurrect in Persia and force NATO to vacate Libya since its war is now tasteless...? http://oilprice.com/Ener...New-York-and-London.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:[quote=Cde Monomotapa] Wow. You got steely nerves to ride the Zim madness... What happened there during the blowoff inflation would have led to a lot of heart failures were it in Europe at the current times... As long as you have your game right, survival is possible even during the carnage. Kudos. Gracias, gracias...
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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[quote=hisah]Iran opens an oil bourse?! Yes it has while the US & Eurozone political toons & central planners are busy entertaining us. Now since the persians are buddies with the ching & russians, rubles & yuans/Rmb will be used for trade. That should make the petrodollar masters very pissed. So is Osama about to resurrect in Persia and force NATO to vacate Libya since its war is now tasteless...? http://oilprice.com/Ener...ew-York-and-London.html[/quote] WTF! Spoke too soon about USD's relevance maintaining! Oh..oh..but I don't expect the US to take this sleeping..they'll just morph themselves into "nice guys" again. Nevertheless, these are signs of things to come. BRIC calls of moving away from USD use for commodities at W.E.F went un-heard...this is surely an effective re-grouping!!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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On the otherhand, the Chings & ZANU-PF have been friends since the geurilla/liberation days. To date, the "old buddy" system is there and now the Chinese (and Indians) account for the largest FDI inflows into Zim's economy & bulk importers of Zim's Tobacco & Cotton output. In the event the USD slips off the charts, I am 90% sure Zim will adopt the Yuan! However, the long-term position of Zim is to use the multi-ccy regime now to stabilise and have an impetus to the economy before finally reverting to a local ccy.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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[quote=hisah]Iran opens an oil bourse?! Yes it has while the US & Eurozone political toons & central planners are busy entertaining us. Now since the persians are buddies with the ching & russians, rubles & yuans/Rmb will be used for trade. That should make the petrodollar masters very pissed. So is Osama about to resurrect in Persia and force NATO to vacate Libya since its war is now tasteless...?http://oilprice.com/Ener...ew-York-and-London.html[/quote] Wouldn't bet against it! GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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erifloss wrote: This tends to take me back to WB & his investment in Moody's & what are expectations on his stock plays. WB is also no fan of rating Co.s either. He advocates for independent thinking. The reason he bought Moody's is because some American law makes it mandatory for insurance businesses (including his) to be rated by a Rating Co. Moody's having a known name made investment sense esp.during the GFC when blood was everywhere #smart-stuff#
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Rank: Member Joined: 3/23/2011 Posts: 304
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yet again another foreclosure story with a twist... http://www.worldstarhiph...?v=wshh9wYPxvuB4Le24J33
can anyone confirm whether electronic currency trading of the KSH with South African Investment company ICAP via thier EBS platform is possible. Think it was mentioned in an earlier post (2009) heres the link to the story on bd. Their site says nothing :( http://www.businessdaily...4/-/69f0oh/-/index.html
With looming defaults anyones take on food/agriculture being next bubble???? You dont have to be great to START but you have to start to be GREAT!!!!!!!!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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The return of food price caps in KE land. 1st fuel and now food. Bei ya unga classified offer by treasury back due to public demand. May be they should try unga price tariff of zero from 6am - 6pm like that Essar call offer... The circus... http://www.businessdaily...460/-/kpyl4/-/index.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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[quote=hisah]The return of food price caps in KE land. 1st fuel and now food. Bei ya unga classified offer by treasury back due to public demand. May be they should try unga price tariff of zero from 6am - 6pm like that Essar call offer... The circus... http://www.businessdaily...60/-/kpyl4/-/index.html[/quote] This is dangerous...
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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[quote=hisah]The return of food price caps in KE land. 1st fuel and now food. Bei ya unga classified offer by treasury back due to public demand. May be they should try unga price tariff of zero from 6am - 6pm like that Essar call offer... The circus... http://www.businessdaily...60/-/kpyl4/-/index.html[/quote]  GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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That face says it all. Very angry Germans if this is forced through them for the sake of being the PIIGS saviour. http://www.telegraph.co....ny-over-rescue-deal.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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