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the deal
#1341 Posted : Thursday, September 01, 2011 11:45:23 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Ksh now trading at 94 to the USD track it live here http://contrarianinvestingkenya.info
hisah
#1342 Posted : Friday, September 02, 2011 12:46:25 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Euro stoxx 50 index... Soon to recover by magic since the shortselling ban aint working smile Some stocks like unicredit, intesa & societe generale plus nokia will be dropped. They've been clobbered & make the index look bad smile

Central planners & regulators must really be hating sellers... I'm a happy camper of driving fraudulent banks out of biz and offer zero apologies to its shareholders as their wealth is shorted to zero...

http://af.reuters.com/ar...ws/idAFL5E7K108O20110901
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1343 Posted : Friday, September 02, 2011 7:06:50 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
More US banks mortgage fraud cases coming up...

http://www.nytimes.com/2...nks-over-mortgages.html

Finally wikileaks dumps the entire 65GB cables. Going thru to sift global banks dirty linen. Already liking BoA garbage dump smile One Buffet didn't anticipate this one... And that D. Trump speculator will find markets are not for suckers... smile
Btw they're uncensored... The national security trumpet is about to blast from the moon...

http://t.co/6W8qwt6
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#1344 Posted : Friday, September 02, 2011 8:48:32 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
hisah wrote:
More US banks mortgage fraud cases coming up...

http://www.nytimes.com/2...nks-over-mortgages.html


Eish! For real..did Buffet see this really? Or that's why he bought loan stock, sly guy Laughing out loudly. The figures involved are mega and the lawyers will be obese.
hisah
#1345 Posted : Friday, September 02, 2011 12:07:58 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
the deal wrote:
Ksh now trading at 94 to the USD track it live here http://contrarianinvestingkenya.info

USDUGX - Testing all time highs @2823 with a break aiming 3000. The inflation figures released yesterday for UG shows inflation printed above 21% i.e. 21.4% to be precise... http://www.bloomberg.com...highest-since-1993.html

To see the charts well select the D button (daily metrics) to see a longer time-frame. For larger historical views, scroll backwards to go back to 2009 etc...

http://www.forexpros.com.../usd-ugx-advanced-chart

USDTZS - Also testing all time highs aiming for 1700 - 1800

http://www.forexpros.com.../usd-tzs-advanced-chart

This EA ccys massacre will lead to a recession...!? And in KE land facing a drought and uneven election roadmap, cash is king...


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
karanjakinuthia
#1346 Posted : Friday, September 02, 2011 12:11:54 PM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
Gentlemen,

Zero Hour approaches fast.

Mainat has provided us with a short-term prognosis on markets and volatility based on Germany's stance on the debt bailouts which is eerily similar to that of France in the 1931 Debt Crisis.

Mainat wrote:

Anyway, the biggest piece of jigsaw is what happens on September 7th at the Bundestag and in Germany's constitutional court. If the Germany says no to bailing out Greek/Portuguese/Italian layabouts, all bets are off...


The chips are falling in place as we approach November.

Please read the following article titled "The Rise and Fall of the Euro" to gain a long term perspective of the sovereign debt crisis:

http://www.send2web.com/...20Euro%2008-21-2011.pdf

hisah
#1347 Posted : Friday, September 02, 2011 12:24:58 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@KK - That pdf file is not opening.

I'm waiting for the Deutsche land vote on Sept 7th and Sept 21st when those Eurobonds of Greece needs to get paid... Funky it is smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#1348 Posted : Friday, September 02, 2011 2:30:04 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
These countries have been in the same position not once decades ago. Kwani they never learn? Once they 'recover', they take on massive debt all over again. Insanity
GOD BLESS YOUR LIFE
karanjakinuthia
#1349 Posted : Friday, September 02, 2011 3:06:05 PM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
@Hisah. Right click on the link and Open Link in New Tab or Save Link As.

Cde Monomotapa
#1350 Posted : Friday, September 02, 2011 3:09:05 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
One word. Austerity #period#
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