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hisah
#2001 Posted : Thursday, January 12, 2012 10:34:22 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Hmmm... This Jan 16th. Testy this one... Think

http://www.occupydream.org/wiki/J16
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2002 Posted : Thursday, January 12, 2012 10:50:03 PM
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Joined: 8/4/2010
Posts: 8,977
I guess they're finally getting their senses back about the stupidity of this persian tensions. Oil is duly sold hard, down and sliding fast in NY trading session.

http://www.bloomberg.com...layed-by-six-months.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Cde Monomotapa
#2003 Posted : Thursday, January 12, 2012 11:42:08 PM
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Joined: 1/13/2011
Posts: 5,964
[quote=hisah]I guess they're finally getting their senses back about the stupidity of this persian tensions. Oil is duly sold hard, down and sliding fast in NY trading session.

http://www.bloomberg.com...ayed-by-six-months.html[/quote]
and where will this "alternative" oil come from without still causing a price spike? These guys r washed up. Everybody should just mind their own business.
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hisah
#2004 Posted : Friday, January 13, 2012 1:26:57 AM
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Joined: 8/4/2010
Posts: 8,977
Hmmm.... KE housing cooling.

http://www.nation.co.ke/...4/-/44y83oz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2005 Posted : Friday, January 13, 2012 1:37:43 AM
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Joined: 8/4/2010
Posts: 8,977
The Syria Iran connection. I hadn't noticed this...

http://www.nation.co.ke/...8/-/vslfs6z/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2006 Posted : Friday, January 13, 2012 1:51:55 AM
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Joined: 8/4/2010
Posts: 8,977
An interesting brief from Eric Sprott about what was 2011 & what to expect in 2012.

http://www.zerohedge.com...t-financial-system-farce
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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youcan'tstopusnow
#2007 Posted : Friday, January 13, 2012 8:02:28 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Italy's borrowing costs fall
http://www.bbc.co.uk/news/business-16544228
GOD BLESS YOUR LIFE
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Thiong'o
#2008 Posted : Friday, January 13, 2012 9:54:28 PM
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Joined: 10/14/2011
Posts: 661
Markets fall on eurozone downgrade reports
http://www.bbc.co.uk/news/business-16552623
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hisah
#2009 Posted : Friday, January 13, 2012 10:00:14 PM
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Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
Italy's borrowing costs fall
http://www.bbc.co.uk/news/business-16544228

Expected if ECB is the largest buyer of its own bonds. The blatant ponzi is just shocking that it's now the norm. Imagine CBK selling bonds and buying them and stating it's a successful offer?! The financial system will soon call for a global soul searching crusade seeking divine intervention Pray
Or maybe we could seek a global bailout from our neighbouring planets!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Cde Monomotapa
#2010 Posted : Friday, January 13, 2012 10:06:26 PM
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Joined: 1/13/2011
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Mmm..Kenya's humble rating of B+ "with a stable outlook" was re-affirmed by "downgrade frenzy" S&P... smile
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youcan'tstopusnow
#2011 Posted : Saturday, January 14, 2012 11:10:24 AM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Want to understand the economy? Don't read the press
Financial crimes and woes are severely underreported in the media, and in many cases, completely overlooked.
http://www.aljazeera.com...012111124839271411.html

GOD BLESS YOUR LIFE
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hisah
#2012 Posted : Saturday, January 14, 2012 12:43:04 PM
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Joined: 8/4/2010
Posts: 8,977
youcan'tstopusnow wrote:
Want to understand the economy? Don't read the press
Financial crimes and woes are severely underreported in the media, and in many cases, completely overlooked.
http://www.aljazeera.com...012111124839271411.html


Wow! Aljazeera telling the truth about lamestream media which it is part of. Weird... Wil biz daily please copy/paste this article. I wonder how many do buy that paper... If dropped I believe NMG share would rally...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Mainat
#2013 Posted : Saturday, January 14, 2012 12:55:58 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
The biggest crisis is not financial, its the bankruptcy of ideas. Nobody is prepared to say that Western capitalism system is broken. Reason being they don't want to admit that there are alternatives i.e. capitalism is not the world's grand idea. Capitalism has worked so far because it has had a monopoly.
Sehemu ndio nyumba
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hisah
#2014 Posted : Saturday, January 14, 2012 2:13:17 PM
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Joined: 8/4/2010
Posts: 8,977
Hmmm... After the S&P euroland downgrade parade, a country like Estonia has a better rating that Italy!? A country like Cyrus or Portugal is almost at KE's rating. KE indeed has a strong econ as per S&P! As for the PIIGS we now have Grecians & Portuguese downgraded to junk. I wonder if we'll get a troy moment or end up with 'this is sparta' war cry...

Now that S&P has decided that it'll continue trying to say the truth, that puts moodys and fitch on tight spots as they're seen as jokers in rating...

http://www.bbc.co.uk/news/world-europe-16558465

http://www.youtube.com/watch?v=-qR0Uke2XNI

Update - keep an eye on Generali & Allianz. These insurance firms may be the AIG of euroland if SHTF (sh** hits the fan).
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#2015 Posted : Sunday, January 15, 2012 7:32:53 AM
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Joined: 8/4/2010
Posts: 8,977
[quote=hisah]Hmmm... This Jan 16th. Testy this one... Think

http://www.occupydream.org/wiki/J16[/quote]

Still on tomorrow.

Meanwhile in nigeria the union talks with gubberment yield nothing...

http://www.bloomberg.com...deal-to-end-strike.html

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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tonicasert
#2016 Posted : Monday, January 16, 2012 12:38:41 PM
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Joined: 3/10/2008
Posts: 301
Location: Abu Dhabi
@hisah

Seems u had the inside info.. some links you gave back on why there's a large interest for oil in Kenya (not sure which discussion).

http://www.bloomberg.com...gn-of-deals-energy.html
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youcan'tstopusnow
#2017 Posted : Monday, January 16, 2012 1:14:56 PM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
tonicasert wrote:
@hisah

Seems u had the inside info.. some links you gave back on why there's a large interest for oil in Kenya (not sure which discussion).

http://www.bloomberg.com...gn-of-deals-energy.html

This is the thread http://www.wazua.co.ke/f...spx?g=posts&t=14926

The Bloomberg article seems more focussed on Mozambique and Tanzania though...
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#2018 Posted : Monday, January 16, 2012 1:20:02 PM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Interesting article on the capital gains tax debate in America.
http://www.washingtonpos.../gIQAdJmSLK_story.html#
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youcan'tstopusnow
#2019 Posted : Monday, January 16, 2012 1:22:00 PM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Why You Can’t Invest Like Warren Buffett
http://www.money.usnews....est-like-warren-buffett
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FUNKY
#2020 Posted : Monday, January 16, 2012 4:30:48 PM
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Joined: 4/30/2010
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