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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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I know he is just talking, but still http://thinkprogress.org...torum-iran-attack-plan/
And the comments at the end are hilarious.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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It can't happen under chings & russian watch. This one is a powder keg scenario. Whichever way it pans out, it's highly explosive!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Cde Monomotapa wrote:What i'm finding very funny is that fundamentally a lot of refineries are being shutdown in the West for over-capacity due to low demand. So EU sanctioning Iran at this point is just a PR exercise in my view coz the truth is they don't need the crude for reasons very clear to a smart person. I'm still very bearish on Crude. Screw the smoke screens. @cde - more on the overcapacity drama unfolding in euroland.
Soon petroplus will join the ever growing list of bankruptcy deadwoods... The stock has been hammered 20% down for the day.
http://www.reuters.com/a...r-idUSTRE8040UD20120105
Meanwhile italian financial stocks are being clobbered today led by unicredit... Unicredit rights issue price adding to its price hammering.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Wawache kutufunga macho with scapegoats.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Oh Happy New year Wazuans, here's to hoping we all make more money, invest it all, spend less and that these stocks rally so we can cash out at the top. Dreams do come true, even though the market is down it will go back up. Happy 2012, year of the Dragon.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Nabwire wrote:Oh Happy New year Wazuans, here's to hoping we all make more money, invest it all, spend less and that these stocks rally so we can cash out at the top. Dreams do come true, even though the market is down it will go back up. Happy 2012, year of the Dragon. Ching year of the water dragon. I hope it drowns the looming oil price rally...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:Nabwire wrote:Oh Happy New year Wazuans, here's to hoping we all make more money, invest it all, spend less and that these stocks rally so we can cash out at the top. Dreams do come true, even though the market is down it will go back up. Happy 2012, year of the Dragon. Ching year of the water dragon. I hope it drowns the looming oil price rally... Western shrinkage will most definetly shrink Eastern Export Industrial capacity. That you can take to the bank.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Cde Monomotapa wrote:hisah wrote:Nabwire wrote:Oh Happy New year Wazuans, here's to hoping we all make more money, invest it all, spend less and that these stocks rally so we can cash out at the top. Dreams do come true, even though the market is down it will go back up. Happy 2012, year of the Dragon. Ching year of the water dragon. I hope it drowns the looming oil price rally... Western shrinkage will most definetly shrink Eastern Export Industrial capacity. That you can take to the bank. So we should all get on our knees and pray for Western recovery and expansion 
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Nabwire wrote:Cde Monomotapa wrote:hisah wrote:Nabwire wrote:Oh Happy New year Wazuans, here's to hoping we all make more money, invest it all, spend less and that these stocks rally so we can cash out at the top. Dreams do come true, even though the market is down it will go back up. Happy 2012, year of the Dragon. Ching year of the water dragon. I hope it drowns the looming oil price rally... Western shrinkage will most definetly shrink Eastern Export Industrial capacity. That you can take to the bank. So we should all get on our knees and pray for Western recovery and expansion In the medium term, NO! It is sub-Saharan Africa's time to rise and finally we can eat our own cooking (resources) to drive the growth 
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