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Investors Lounge
hisah
#2721 Posted : Monday, September 10, 2012 6:59:44 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
UBS rogue trader trial begins. Arrested Sept 15 2011, arraigned Sept 10 2012. Trial likely to take 8 weeks. Show time Dec 7 2012. The dates keep repeating, but eyes wide shut...


www.reuters.com/article/...E8880BV20120909?irpc=932
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2722 Posted : Monday, September 10, 2012 6:52:53 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
China to Raise Gasoline, Diesel Prices From Tomorrow - http://www.businessweek....s-from-tomorrow-c1-says

Eh, oil inflation is back on the global stage... Sad
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2723 Posted : Monday, September 10, 2012 7:00:15 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
GATA's Bill Murphy on the JP Morgan Silver Shortage and the next Bullion Bank Run!

https://www.youtube.com/watch?v=sxVsosT3GAw

I'm waiting for that day when the printing presses go kaput as broke money paper turns into toilet-paper...!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2724 Posted : Monday, September 10, 2012 8:01:47 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Four miners shot at Aurora goldmine in South Africa - http://www.guardian.co.u...th-africa?newsfeed=true

This miners drama in SA is tipping by the day!

Strike at gold mine as South African unrest spreads - http://www.telegraph.co....can-unrest-spreads.html

Things are coming to a head here...

Gold and platinum prices will equally spike!

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
karanjakinuthia
#2725 Posted : Tuesday, September 11, 2012 9:34:23 AM
Rank: Member


Joined: 11/13/2006
Posts: 551
Location: Nairobi
Wheat bottomed on the 16th day of December, 2011, suggesting interesting times ahead. This was the year that the sovereign debt crisis came to the front and centre stage. The December wheat low seems to mark a confluence of factors coming to bear. 2012 has seen drought conditions in the world’s biggest exporter, the United States.

During the 1930s, the United States was faced with both a sovereign debt crisis that emanated from Europe and the Dust Bowl (see John Steinbeck's novel, "The Grapes of Wrath") that devastated agriculture from 1934. According to Herbert Hoover's Memoirs, the European Sovereign Debt Crisis extinguished the green shoots of recovery that had begun to sprout in April of 1931 after the stock market crash of 1929.

Read more:

http://www.scribd.com/doc/104847837/Wheat

hisah
#2726 Posted : Tuesday, September 11, 2012 5:37:05 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
KE on CNBC...

http://link.brightcove.c...&bctid=1812822749001
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2727 Posted : Tuesday, September 11, 2012 7:22:02 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Kenya resource surge

http://video.ft.com/v/18...1/Kenya-s-resource-surge
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2728 Posted : Wednesday, September 12, 2012 1:31:46 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Moody’s Warns of US Debt Downgrade - http://blogs.wsj.com/mar...-ahead-of-fiscal-cliff/

We are back to the debt downgrade games again...

Last year Moody's gave a warning on June 2 2011 due to the US bulging debt ceiling threat after S&P had issued the same on Apr 18 2011.

S&P warning 2011 - http://www.independent.c...on-us-debt-2269709.html

Moody's warning 2011 - http://www.usatoday.com/...oodys-debt-rating_n.htm

On Aug 5 2011 S&P downgraded the US debt rating - http://blogs.wsj.com/mar...t-rating-press-release/

Stocks drop 600+ points after S&P downgrade - http://www.crainsnewyork...20110808/FREE/110809913

Your guess is as good as mine...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2729 Posted : Wednesday, September 12, 2012 2:58:58 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Platinum hits 5-month high as S.Africa unrest spreads - http://af.reuters.com/ar...s/idAFJOE88B01G20120912

Quote:
Platinum was set for its biggest one-day rally in a month on Wednesday after South African police said striking miners had blockaded roads leading to shafts belonging to number one producer Anglo American Platinum.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2730 Posted : Wednesday, September 12, 2012 3:11:39 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
After permission to print euros has been granted by ze german constitution court, commodities are bound to be the largest beneficiary of the liquidity flood coming up.

The oil chart is hitting at another run to the $126 level. And with the liquidity tsunami boosting the next rally, that level is likely to be surpassed with ease Sad

Oil inflation headache will be back in a few months time...

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#2731 Posted : Wednesday, September 12, 2012 5:02:53 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah wrote:
After permission to print euros has been granted by ze german constitution court, commodities are bound to be the largest beneficiary of the liquidity flood coming up.

The oil chart is hitting at another run to the $126 level. And with the liquidity tsunami boosting the next rally, that level is likely to be surpassed with ease Sad

Oil inflation headache will be back in a few months time...




Boon for the local OMC's? They always seem to do better when the price of oil is rising...

I now wonder if the inflation level will reach 5%
GOD BLESS YOUR LIFE
youcan'tstopusnow
#2732 Posted : Wednesday, September 12, 2012 5:10:18 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Do the Fringes of Energy Science Offer Real Hope to an Energy-Hungry World?

A cheap, clean, efficient, and limitless source of energy – such a discovery would change our world. No longer would we be enslaved to oil nor chained to coal; no more would we struggle to power our societies without destroying our environment.

It is nothing less than today's Holy Grail. And just as thousands of people in years past spent their lives searching for the chalice that held Jesus' blood and bestowed unspeakable powers to its holder, so too do thousands of people today dedicate themselves to the search for this ideal energy source.

Nothing yet fits the bill. Oil, coal, and gas are relatively cheap, but are dirty and limited. The clean sources – such as wind, solar, and geothermal – are expensive and inefficient. Nuclear power is abundant and efficient, but the startup costs are very high, the accidents are scary, and the waste products are long-lived and dangerous.

From there we move into the fringes of energy science, into the weird and wacky world of cold fusion, abiotic oil, and scalar energy. Are these tenable? Leagues of people certainly think so. If there's any chance that one of these oddball options could actually offer a solution to the biggest challenge facing our world today, it is certainly worth a little investigation.

READ MORE
GOD BLESS YOUR LIFE
Nabwire
#2733 Posted : Wednesday, September 12, 2012 8:25:33 PM
Rank: Veteran


Joined: 7/22/2011
Posts: 1,325
Interesting, the President is big on Tbills, eneyewe with that kind of money I dont blame him for being prudent.

http://finance.yahoo.com...-his-fortune.html?page=1
holycow
#2734 Posted : Wednesday, September 12, 2012 9:31:51 PM
Rank: Veteran


Joined: 11/11/2006
Posts: 972
Location: Home
hisah
#2735 Posted : Thursday, September 13, 2012 6:40:40 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
While NSE has produced healthy returns from the current recovery rebound, Caracas equity market performance makes NSE's rebound look terrible! Only the uchumi counter comes close to rival that return!

Dreams are made of this -- From Sept 2011 to date, Caracas exchange has returned 197%. Yep! A whole equity exchange. Last year the same exchange was the best performer globally with an 80%+ return. So if one got in around 2010, you can imagine the outsize gains to date!

In short the Caracas performance has now overshadowed Mongolia's returns.

http://www.bloomberg.com/quote/IBVC:IND
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2736 Posted : Thursday, September 13, 2012 5:50:36 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Quote:
Today’s Cabinet also deliberated on the development of the Greenfield Terminal at Jomo Kenyatta International Airport and approved that its implementation proceeds with the involvement of all stakeholders. The meeting noted that the project should be fast-tracked since it was a priority Vision 2030 Flagship Project. The project will also ensure that Kenya maintains its competitive edge as the regional transport hub.

The Cabinet also approved the holding of two international investor conferences in regard to the Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) Corridor Project. The Conferences to be held in Asia and the Americas will market the LAPSSET Project to international private sector investors.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2737 Posted : Thursday, September 13, 2012 10:41:18 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Ben Bernanke rescues the US economy from the nihilism of the right - http://www.guardian.co.u...-economy-nihilism-right

Open ended QE?! And US stock exchanges hit multi-yr highs. The ponzi continues...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2738 Posted : Thursday, September 13, 2012 11:17:13 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
The crazy headlines have started - Citi see S&P 500 at 1615 by end of next year.

http://www.moneycontrol....endnext-year_757210.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
itz
#2739 Posted : Thursday, September 13, 2012 11:30:16 PM
Rank: Member


Joined: 3/20/2009
Posts: 348
[quote=hisah]The crazy headlines have started - Citi see S&P 500 at 1615 by end of next year.

http://www.moneycontrol....ndnext-year_757210.html[/quote]

QE infinity.The Fed is ready and will step in even if the economy picks up until the unemployment rate is under 6% and they believe US economy can stand on its own.S&P 1550 by end of year is now a sure bet together with WTI crude back to above 130.
Expect inflation to go back up in kenya and emerging mkts and hard assets(real estate) to continue appreciating.This easy money in the US finds its way to property mkts worldwide.
Hisah hope you have that euro/usd in your pocket today its knocking at 1.30 and with the fed action my 1.34 target for end of year looks too modest.
Nabwire
#2740 Posted : Friday, September 14, 2012 12:18:02 AM
Rank: Veteran


Joined: 7/22/2011
Posts: 1,325
I love it, I really dont know why people hate Bernanke, I personally love him for making us be able to dream.

http://finance.yahoo.com...BHB0A3NlY3Rpb25z;_ylv=3

I wonder if the $40 billion per month means Fannie Mae and Freddie mac will definitely rally.
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