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Cde Monomotapa
#1481 Posted : Monday, September 19, 2011 8:00:18 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
hisah wrote:
@cde - the yuan bombshell...

http://www.currencycount...8CurrencyCountdown%2529

Meanwhile wall street is closed as US protestors occupy it... I think this week the fireworks show will be interesting...

http://t.co/32ToQrc2

Quite interesting there is no media coverage on the ongoing wall street protest except on Al jazeera smile
The bull statue is being protected by cops. It might just get slaughtered by bears aka protestors before thanksgiving day...

Some blogger has noticed the same about media blackout. How soon before we see copy/paste biz daily article...

http://freeairclaire.wor...l-street-protest-91711/

Interesting stuff. Cheers. Double standards @ best.
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Cde Monomotapa
#1482 Posted : Monday, September 19, 2011 8:04:46 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
That Price Control Act was thankfully amended to add a consultative process btwn govt.and manufacturers smile sounds like another fuel pricing formula.
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hisah
#1483 Posted : Monday, September 19, 2011 8:08:33 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@Cde - I told you oil iko na wenyewe. During panic central last month I expected it to crash big time. It just sold some & huge volumes got in as it slid. That prevented a massive tanking. Expensive oil it is even with the reality that US is re-recessing again plus Europe & Greece & PIIGS looking to tell everyone 'Tuna default, poleni for buying our crappy bonds...'

The whole system sucks & stinks to such an extent even flies have become sick by flying nearby this toxic mess.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1484 Posted : Monday, September 19, 2011 8:11:27 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
That Price Control Act was thankfully amended to add a consultative process btwn govt.and manufacturers smile sounds like another fuel pricing formula.

Exactly... What's the point of having it if the foxes are involved drawing rules for the henhouse...?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Cde Monomotapa
#1485 Posted : Monday, September 19, 2011 8:17:11 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Soon & very soon the oil market will recieve its due correction that I know for a fact and this time stay cheaper for an extended period of time. The only way to prop it is a US Q.E 3 which will also provide further impetus to the Yuan's acceptability. Choose 1 smile
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Cde Monomotapa
#1486 Posted : Monday, September 19, 2011 8:21:19 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
hisah wrote:
Cde Monomotapa wrote:
That Price Control Act was thankfully amended to add a consultative process btwn govt.and manufacturers smile sounds like another fuel pricing formula.

Exactly... What's the point of having it if the foxes are involved drawing rules for the henhouse...?

The more things change, the more they remain the same smile an EAC slowdown is in order. An investor needs to be very specific with his choice of stocks. Regional businesses make a lot of $ense.
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Cde Monomotapa
#1487 Posted : Monday, September 19, 2011 8:36:51 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
hisah wrote:
Cde Monomotapa wrote:
That Price Control Act was thankfully amended to add a consultative process btwn govt.and manufacturers smile sounds like another fuel pricing formula.

Exactly... What's the point of having it if the foxes are involved drawing rules for the henhouse...?

The more things change, the more they remain the same smile an EAC slowdown is in order. An investor needs to be very specific with his choice of stocks. Regional businesses make a lot of $ense.

I am greatful for the ongoing public & private devt./infrastructure spend as that will keep the economy ticking and preserve jobs as we await a recovery in consumer spend once inflation subsides. SSA baby!!
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Mainat
#1488 Posted : Monday, September 19, 2011 2:36:03 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Reading accounts of the Kweku Adoboli's work at UBS, its obvious that UBS ignores these trades unless losses are booked.
Sehemu ndio nyumba
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FUNKY
#1489 Posted : Monday, September 19, 2011 3:08:31 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
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Cde Monomotapa
#1490 Posted : Monday, September 19, 2011 11:40:35 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
FUNKY wrote:
http://www.bbc.co.uk/news/business-14968090

Cheers. !! $60 crude !!
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