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hisah		#1071 Posted : Monday, August 01, 2011 11:30:14 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Back to the land of euro toons in eurozone. Real Madrid stars Ronaldo and Kaka used as collateral by Spanish bank. Cristiano Ronaldo and Kaka could find themselves being transferred from Real Madrid to the European Central Bank (ECB) after being used as collateral by Bankia. Yes, it is not a joke... http://www.metro.co.uk/s...lateral-by-spanish-bank $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#1072 Posted : Monday, August 01, 2011 5:29:17 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		http://blogs.aljazeera.net/liveblog/egypt - Happening in Egypt live... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow		#1073 Posted : Monday, August 01, 2011 9:50:04 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		Data from the Kenya National Bureau of Statistics (KNBS) indicates that inflation rose to 15.53 per cent in July from 14.49 per cent in June. http://www.businessdaily...66/-/ach1fz/-/index.html GOD BLESS YOUR LIFE
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hisah		#1074 Posted : Tuesday, August 02, 2011 7:12:45 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Finally the US debt circus is over as house passes the debt plan. Now senate will just finalize and all will be merry again. Coming up next US debt downgrade by Dagong since their rating agencies cant bite the hand that feeds them. The ponzi circus continues.... Meanwhile Putin is still on a name calling spree. 3 weeks ago he said bernanke & co are a bunch of hooligans. Today he says the big brother nation is a global parasite... http://www.reuters.com/a...a-idUSTRE77052R20110801 Now we move to euro land of debt circus part 2. EFSF needs to be boosted to 2.5T euros to avert issues of PIIGS going belly up & a last ditch guarantee bond buyer if the market refuses the PIIGS bonds. Italy has already suspended Aug bonds. Since it is already a public thing that the global financial system is a ponzi casino, why cant we financial players just withdraw our participation and leave the masters stonecold. If anything, they're now part of the acting team instead of directing. 2yrs and the show is stuck with the same plot at the same scene and we the audience are not booing or throwing tomatoes at the actors on stage. We must be dead?! At least some in Europe & MENA are throwing tomatoes... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Cde Monomotapa		#1075 Posted : Tuesday, August 02, 2011 8:07:56 AM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		hisah wrote: Finally the US debt circus is over as house passes the debt plan. Now senate will just finalize and all will be merry again. Coming up next US debt downgrade by Dagong since their rating agencies cant bite the hand that feeds them. The ponzi circus continues.... Meanwhile Putin is still on a name calling spree. 3 weeks ago he said bernanke & co are a bunch of hooligans. Today he says the big brother nation is a global parasite... http://www.reuters.com/a...a-idUSTRE77052R20110801 Now we move to euro land of debt circus part 2. EFSF needs to be boosted to 2.5T euros to avert issues of PIIGS going belly up & a last ditch guarantee bond buyer if the market refuses the PIIGS bonds. Italy has already suspended Aug bonds. Since it is already a public thing that the global financial system is a ponzi casino, why cant we financial players just withdraw our participation and leave the masters stonecold. If anything, they're now part of the acting team instead of directing. 2yrs and the show is stuck with the same plot at the same scene and we the audience are not booing or throwing tomatoes at the actors on stage. We must be dead?! At least some in Europe & MENA are throwing tomatoes...
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Cde Monomotapa		#1076 Posted : Tuesday, August 02, 2011 8:19:12 AM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		That article is just hilarious
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hisah		#1077 Posted : Tuesday, August 02, 2011 5:17:42 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Riz Khan hosts Robert Kiyosaki - http://www.youtube.com/w...ERw&feature=related Mike Maloney on silver is money... http://www.youtube.com/w...KnA&feature=related Just for laughs, but as serious as ever... Hitler discovers Peter Schiff was right about gold going on a flash bull run and the global economy tanking... http://www.youtube.com/w...97E&feature=related Update --> South Korean CB now buying gold after 13yr absence... Significant... And 10hrs later gold prices tested $1660. Feels like July 2009 when India's CB bought gold from IMF. http://online.wsj.com/ar...4576483223952488748.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#1078 Posted : Wednesday, August 03, 2011 5:02:50 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Italy & Spain - As usual lame stream media always gets to the party when it's almost over... http://www.telegraph.co....-crisis-resurfaces.html S&P is looking like our NSE when it topped out in Oct 2010... http://www.wazua.co.ke/f...amp;m=196986#post196986 And as expected, Dagong downgrades US outlook after debt limit plan. Still waiting for Western rating agencies (S&P, Fitch & Moody's) sissies to say something... Interesting times this when big bro gets their game turned on them. Surely the tables tipped a long time ago... http://news.xinhuanet.co...11-08/03/c_131025887.htm $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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karanjakinuthia		#1079 Posted : Wednesday, August 03, 2011 11:03:22 AM
Rank: Member Joined: 11/13/2006 Posts: 551 Location: Nairobi		A reflection of the level of complexity in the markets is that August 1st, 2011 was 31.4 (Pi * 10) months from the high of the 30 Year U.S. Treasury Bond on 18th of December, 2008. Just as a pointer, it took Great Britain 17.2 years from its peak as a superpower in 1914 to default on its debt (please refer to my most recent posting). Adding 17.2 years to the United States' peak in 1999 should bring us to 2016 as the most likely period for default. The result of the Sovereign Debt Crisis of 1931 was the flight of capital from sovereign and municipal debt to hard assets and stocks. During the years following the Sovereign Debt Crisis, gold producer Homestake Mining rallied from $81 to achieve $544 in 1936. Its gain of 570% outperformed the Dow Jones Industrial Average gains of 400% over the same period. Deal Avenue: http://investorslounge.tumblr.com
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karanjakinuthia		#1080 Posted : Wednesday, August 03, 2011 9:20:35 PM
Rank: Member Joined: 11/13/2006 Posts: 551 Location: Nairobi		Drunken Ben Bernanke Tells Everyone At Neighborhood Bar... http://www.theonion.com/...e-at-neighborhoo,21059/ Deal Avenue: http://investorslounge.tumblr.com
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