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hisah
#1241 Posted : Saturday, August 20, 2011 8:00:00 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Interesting to see lamestream media highlighting zerohedge.com (alternate news aka conspiracy site) in a dim fashion. When lamestream media go on a mudslinging spree about some conspiracy theorist there is bad fish in the markets and all must be done to make it look like fresh fillet smile

http://www.theglobeandma...-we-care/article2134968/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ceinz
#1242 Posted : Sunday, August 21, 2011 12:08:13 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Why QE3 is a Real Possibility.
http://www.babypips.com/blogs/p...-a-real-possibility.html
“small step for man”
Ceinz
#1243 Posted : Sunday, August 21, 2011 12:27:56 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
A vicious cycle for crude oil.
http://www.babypips.com/blogs/c...cle_for_crude_oil_2.html
“small step for man”
hisah
#1244 Posted : Sunday, August 21, 2011 4:07:34 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Ceinz wrote:

It is interesting that these days the ponzinomics is so weak that markets need QE n x infinity to keep things going. This system is dead. We need to reboot the money system completely since the present one is now garbage!

As for oil, this thing needs to fall as far as $30/barrel to make economics to start ticking again. Oil firms will freeze over and that would be a good thing so that the alternate technologies that have been surpressed for ages can now come online.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#1245 Posted : Sunday, August 21, 2011 4:24:26 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
!! 60 dollar crude !!
hisah
#1246 Posted : Sunday, August 21, 2011 4:32:57 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Vanuatu in the Pacific region has been hit by three 7.0+ quakes in the last 24hrs. 7.0 quakes back to back is incredible! Is a major quake on it way like what we saw in Jap in March. If it happens in Jap again with the current shaky markets, no need to think about it...

http://www.reuters.com/a...tu-idUSTRE77J1OQ20110820
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1247 Posted : Sunday, August 21, 2011 7:57:22 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Thermal imaging can give away your ATM pin number in 10 seconds...

http://news.yahoo.com/bl...0-seconds-152044968.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1248 Posted : Sunday, August 21, 2011 8:12:48 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mugabe threatens to nationalise US and UK Zimbabwe firms - among them are Zimplats, Rio Tinto‘s Murowa diamond mine, British American Tobacco and local units of British banks, Standard Chartered and Barclays. This was on Friday 19th.

http://www.punchng.com/A...tic=Art2011081915522728

Today - Zimbabwe bank chief reassures foreign businesses...

http://www.bbc.co.uk/news/world-africa-14600823

@Cde - That Zim stock market will fall down very hard soon. Get ready if you are invested...


As for Malaysia, I hope many more like her will raise up and take up the political ranks to effect the change that is required.

http://www.bbc.co.uk/new...ld-radio-and-tv-14575146
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#1249 Posted : Sunday, August 21, 2011 8:28:17 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Mmm...it's ok for the West to impose sanctions but it's wrong for their companies to comply with domestic laws. This not a new issue..indigenization has been on the cards since the late 90s..the smarter foreign Co.s complied gradually or just packed up and left. We won't miss them. The Chinese & Indians account for 80% of FDI into Zim now. The look East policy is working and anyway Americans & Europeans are broke asses.
hisah
#1250 Posted : Sunday, August 21, 2011 8:34:59 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
This is a dangerous bill for KE's economy. Toying with price controls has never ended well...

http://www.businessdaily...2/-/2ey9ygz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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