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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Hmmm... This Jan 16th. Testy this one...  http://www.occupydream.org/wiki/J16$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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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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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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[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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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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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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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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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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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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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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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Italy's borrowing costs fall http://www.bbc.co.uk/news/business-16544228
GOD BLESS YOUR LIFE
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Rank: Member Joined: 10/14/2011 Posts: 661
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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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 
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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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Mmm..Kenya's humble rating of B+ "with a stable outlook" was re-affirmed by "downgrade frenzy" S&P... 
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