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hisah
#1761 Posted : Thursday, November 10, 2011 4:54:02 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Mainat wrote:
Italian's bonds breach the the psychological 7%. More importantly, will Iran's nonsense cause oil prices to start heading towards $150?

This oil thing is nasty games at this point. @Cde remember oil iko na wenyewe Sad
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1762 Posted : Thursday, November 10, 2011 5:09:34 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
And the shockers keep coming in thick & fast. A county has gone bust. Soon a state. In euroland it is nations going belly up. May be that Dr Owuor prophecy is spot on...

http://money.cnn.com/201...rson_county_bankruptcy/

It's interesting to note that JP Morgue bank is in the midst of 2 current large bankruptcies (MF Global & now Jefferson County). What a coincidence...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Ceinz
#1763 Posted : Thursday, November 10, 2011 9:59:18 AM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
guru267 wrote:
Ceinz wrote:
Mainat wrote:
Italian's bonds breach the the psychological 7%. More importantly, will Iran's nonsense cause oil prices to start heading towards $150?


Italian 10 year yield now at 7.43%: Reuters


We better pray because I know we are all aware that if Italy falls we have ARMAGEDON on our hands..

No one in the world can bail out €2trillion in. debt.. NO ONE!!


Dow sinks 389 as Europe uncertainty deepens

http://news.yahoo.com/dow-sinks...y-deepens-222529075.html
“small step for man”
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Ceinz
#1764 Posted : Thursday, November 10, 2011 10:38:56 AM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Kenya shilling rises to 7-week high vs dollar
http...html
“small step for man”
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Thiong'o
#1765 Posted : Friday, November 11, 2011 5:22:49 PM
Rank: Member

Joined: 10/14/2011
Posts: 661
karanjakinuthia wrote:
@ Chaka and Phaoro.

Thank you for your kind sentiments. Standing on the shoulders of investing greats such as Warren Buffet, Jim Sinclair, Martin Armstrong, Monty Guild, Jim Rogers, Marc Faber etc, one is able to have a bird's eye view of the forest as a opposed to individual trees when on the ground level. As with all other skill sets, time and effort are directly proportional to mastery.

I am an entrepreneur and will be the luckiest man south of the Equator to marry a woman of substance.

If you have additional questions, do not hesitate to ask.


@ karanjakinuthia

Where art thou…..?

Sahii ya @ Jus Blazin, Ukiiticha kitu harafu umbandiriche fikira! Ujue utaripa!
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cnn
#1766 Posted : Saturday, November 12, 2011 12:51:47 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
hisah wrote:
And the shockers keep coming in thick & fast. A county has gone bust. Soon a state. In euroland it is nations going belly up. May be that Dr Owuor prophecy is spot on...

http://money.cnn.com/201...rson_county_bankruptcy/

It's interesting to note that JP Morgue bank is in the midst of 2 current large bankruptcies (MF Global & now Jefferson County). What a coincidence...

http://money.cnn.com/201...breakup_prize/index.htm
@mr bear,help these people and make a few coins while at it.
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youcan'tstopusnow
#1767 Posted : Saturday, November 12, 2011 1:18:14 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
In Kenya, the Occupy Movement has manifested itself as social discontent in the form of strikes

GOD BLESS YOUR LIFE
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hisah
#1768 Posted : Sunday, November 13, 2011 7:29:07 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Just to visualize what @kenyainvestor means by saying Dow tanked 4%, read below... Which year is it, 2011? Nooo... Sure feels like 2008. 3yrs have passed by and 2008 is still around. Time stopped indeed...

http://www.forbes.com/fe...all-street_8602477.html

I'm hoping E-Trade puts up these 6 trade bets.

1. Berlusconi to be kicked out before Dec 2011.

2. US Treasury Sec to resign before Dec 2011. The recession is indeed over?!
3. The Bernank aka print dollars to infinity helicopter ben to resign before Dec 2011.
4. Spanish PM to resign before Dec 2011.
5. Greek PM to resign before Dec 2011.
6. JP Morgue, BoA, Citi all to lose mortgage fraud cases and forced to repay this fraud by Jan 2012...



Stated back on Aug 5th 2011, post #1100...

Though intrade didnt put my bets for trade, well bunga bunga bashes are about to flash crash...

http://www.irishtimes.co...2/breaking8.html?via=mr

2011 - The yr labour said no more to the system & the sheep (wananchi) are beginning to see the fox (wenye nchi) for what it is. An ugly fox-sheep. Many emperors are naked & we need many prayers to stand the hideous displays. Keep watching. Exciting time on the planet smile

So let's see how long the Greek & Spanish PM can last the mile. As for the mortgage fraud of US banks, this is another spectacular show waiting to happen...

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#1769 Posted : Sunday, November 13, 2011 7:48:06 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Dagong getting fed up with its main debtor - http://www.guardian.co.u...-with-new-debt-downgrade
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Ceinz
#1770 Posted : Sunday, November 13, 2011 10:30:35 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
hisah wrote:

So let's see how long the Greek & Spanish PM can last the mile.


I thought Greece has a new PM, Lucas Papademos.d'oh!
“small step for man”
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