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Cde Monomotapa
#3101 Posted : Wednesday, February 20, 2013 1:28:08 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
^Very true the chances of getting screwed exist though key mitigation is who are now the main traders & investors with Zim? BRICS. Infilitration is a given with the right timing. Zim is a one-stop shop for China with its 30+ resources & agric export produce & also the global shifts in trade & investment flows. The latest token from Sino to Zim... http://www.zbc.co.zw/new...s-look-east-policy.html In the meantime, the USD is a good importer ccy for Zim as it gets its internals together, especially Capital goods.
hisah
#3102 Posted : Wednesday, February 20, 2013 7:19:14 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Competitive devaluation cold war - http://mobile.nzherald.c...67&objectid=10865968
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#3103 Posted : Wednesday, February 20, 2013 8:43:48 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
"Kenya leads others follow." Stanbic Bank, ZW signs up to EcoCash http://www.herald.co.zw/...business&Itemid=133
ChessMaster
#3104 Posted : Thursday, February 21, 2013 1:47:05 AM
Rank: Elder


Joined: 2/23/2009
Posts: 1,626
hisah
#3105 Posted : Thursday, February 21, 2013 5:45:49 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977

Round 2 begins... Same script same cast!

AIG has rallied like apple & many hedge funds have piled on the bid side.

It'll happen again; round 2 guaranteed!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3106 Posted : Thursday, February 21, 2013 5:49:58 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
NFA proposes to ban J. Corzine - http://www.businessinsid...e-to-ban-corzine-2013-2

NFA is just a joke just like the other regulators. This Corzine guy should be behind bars as soon as last year for commingling investors money. Bure kabisa.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3107 Posted : Thursday, February 21, 2013 7:20:32 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
With the ongoing competitive currency devaluation aka ccy wars one more condition is yet to be met to mark the full scale war i.e. gubberments vs central banks. When we reach those heights equities and bonds will be the last place you want to be holding until the dust settles.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#3108 Posted : Thursday, February 21, 2013 8:57:59 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
@ycsun, I'm still on Prezz Kibaki & "BUILDING A WORKING & CARING NATION & THE TRANSFORMATION OF KENYA" and lahaula! KE had its own version of Zim's Indigenisation & Empowerment policy in 1967! Rightly dubbed the 'Kenyanisation Policy' which sought to nationalize labour & commerce! Guess that's how we got a piece of the Brit Ops on the NSE..hehe. Chatted to my Unc. (Octagenerian) over the wknd as 1 of the Pioneer County heads back then & he admitted making the transition & reallocations was a tricky affair in the short term. hehe..he hopes the Transitional Authority will have it easier this time. Very interesting...and what did the Brit Governor think of a Jomo presidency pre-elections? As a "leader unto darkness and death" Laughing out loudly Laughing out loudly Laughing out loudly We're smack back in the 60s Comrades! Interesting! Brito was also in a Recession then, as it is now! Sweet Jesus... smile
ChessMaster
#3109 Posted : Thursday, February 21, 2013 12:02:44 PM
Rank: Elder


Joined: 2/23/2009
Posts: 1,626
youcan'tstopusnow
#3110 Posted : Thursday, February 21, 2013 12:12:53 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
@ycsun, I'm still on Prezz Kibaki & "BUILDING A WORKING & CARING NATION & THE TRANSFORMATION OF KENYA" and lahaula! KE had its own version of Zim's Indigenisation & Empowerment policy in 1967! Rightly dubbed the 'Kenyanisation Policy' which sought to nationalize labour & commerce! Guess that's how we got a piece of the Brit Ops on the NSE..hehe. Chatted to my Unc. (Octagenerian) over the wknd as 1 of the Pioneer County heads back then & he admitted making the transition & reallocations was a tricky affair in the short term. hehe..he hopes the Transitional Authority will have it easier this time. Very interesting...and what did the Brit Governor think of a Jomo presidency pre-elections? As a "leader unto darkness and death" Laughing out loudly Laughing out loudly Laughing out loudly We're smack back in the 60s Comrades! Interesting! Brito was also in a Recession then, as it is now! Sweet Jesus... smile

Wow! Interesting. Kibaki is quite the 'capitalist' now though. Do you have a link for those old 'Sessional Papers'?
GOD BLESS YOUR LIFE
Cde Monomotapa
#3111 Posted : Thursday, February 21, 2013 12:21:46 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Oh yes..more good news for those ZSE Hospitality stocks smile | 5 more airlines apply to fly into Zim http://www.znccharare.co...s-apply-to-fly-into-zim/
Cde Monomotapa
#3112 Posted : Thursday, February 21, 2013 12:26:48 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
@ycsun, I'm still on Prezz Kibaki & "BUILDING A WORKING & CARING NATION & THE TRANSFORMATION OF KENYA" and lahaula! KE had its own version of Zim's Indigenisation & Empowerment policy in 1967! Rightly dubbed the 'Kenyanisation Policy' which sought to nationalize labour & commerce! Guess that's how we got a piece of the Brit Ops on the NSE..hehe. Chatted to my Unc. (Octagenerian) over the wknd as 1 of the Pioneer County heads back then & he admitted making the transition & reallocations was a tricky affair in the short term. hehe..he hopes the Transitional Authority will have it easier this time. Very interesting...and what did the Brit Governor think of a Jomo presidency pre-elections? As a "leader unto darkness and death" Laughing out loudly Laughing out loudly Laughing out loudly We're smack back in the 60s Comrades! Interesting! Brito was also in a Recession then, as it is now! Sweet Jesus... smile

Wow! Interesting. Kibaki is quite the 'capitalist' now though. Do you have a link for those old 'Sessional Papers'?

Sure enough. Kenyanisation was like the vehicle, thereafter, you hit the race tracks and compete like any other soul in this World. I don't have a link to them, but for certain they must be at National Archives.
hisah
#3113 Posted : Thursday, February 21, 2013 7:29:39 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
As Jap feels the heat of energy cost inflation since fukushima disaster that messed nuclear energy sector, now PM Abe plans to request Obama to approve shale gas exports. So Jap dilutes the yen to boost exports then wants to get cheap shale gas to avoid spiking inflation. Goodluck PM...

http://mobile.bloomberg....e-shale-gas-exports.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3114 Posted : Thursday, February 21, 2013 9:01:18 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
I hope this oil thing has topped out.





Tank... Tank hard smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3115 Posted : Thursday, February 21, 2013 9:10:06 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
hisah wrote:
I've been looking at the insider trades - http://insidertrading.org/

Large selling vs large buying...

Insider selling increasing. Me thinks the markets have hit a ceiling. I hope the S&P and Dow upthrust one more time and those shorts will be sweet.

@mainat - get your shorts out. Look at GS and GOOG. Hard landing soon.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
karanjakinuthia
#3116 Posted : Friday, February 22, 2013 9:23:37 AM
Rank: Member


Joined: 11/13/2006
Posts: 551
Location: Nairobi
California is following the footsteps of Detroit, once darling of the Roaring 20s and the home of the auto-mobile. The 1929 stock market boom was fuelled by airlines and auto-mobiles. In the wake of the 1931 Sovereign Debt Crisis, Detroit defaulted on it payments in 1934.

The Golden State was beholden to a red hot real-estate after the dot-com bubble which shone the light on Silicon Valley. Now both have disappeared into the night. In 2009 - 2009, the State had a near death experience with a budget shortfall of $11 billion. On April, 2009, the State instituted a temporary increase in sales and use tax.

Investors and entrepreneurs cannot plan their ventures if the taxation of the domicile municipality, province,city or nation is changed arbitrarily. Business plans are set out with a forward looking taxation rate and the assumption is that it will remain constant for the ensuing 5 - 10 years (small and medium companies) and 10 - 25 year (multi-nationals). Inconsistent tax policy is a red-flag. Jaded entrepreneurs and investors are now looking at Texas.

"Can a people tax themselves into prosperity? Can a man stand in a bucket and lift himself up by the handle?" - Winston Churchill

When the creators of wealth are driven out of town, who will the government tax? You guessed it, the middle class.


"FORTUNE -- Entrepreneurs and investors in California can expect to receive a rude shock in the mail if they sold their company in the last four years. Not only did the state's Franchise Tax Board (FTB) eliminate a tax break on capital gains for small business owners and investors, it announced the tax would be reinstated retroactively. This means those who benefitted from the break can expect a bill for unpaid taxes, plus interest, stretching all the way back to 2008...."

http://tech.fortune.cnn....errifies-tech/?iid=HP_LN
hisah
#3117 Posted : Friday, February 22, 2013 9:42:53 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
@kk - do you see the arbitrage presented by that gold spot vs gold miners spread...



The gold slugging headlines are back on the mainstream media. 'gold is a bubble', 'gold tech readings experience the 'cross of death' hinting more downside risks' etc.

Gold fear is back and weak retail hands are being smoked out (capitulation) as they run for the hills. A cursory scan shows fewer hedge funds are in gold now than pre GFC. Yet the lamestream media calls it a bubble. But going by the vol spike in silver as $29 floor broke down on Wed, it's easy to predict someone is accumulating. That vol spike was similar to that time when silver rallied from $26 to $50.

Points to remember, a large VIX call options contract expiring in April as well as XLF, but a put option were purchased in Feb. Someone expects some big market volatility between now and April.

Btw that Calif tax article you posted above is a sure way of killing state revenues for CA. Horrible tax move it is.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3118 Posted : Saturday, February 23, 2013 1:01:09 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Breaking just now - MOODY'S STRIPS THE UK OF ITS AAA RATING

http://www.businessinsid...f-its-aaa-rating-2013-2

So Moody's has downgraded the UK. Will the UK sue them like its US sister did to S&P while banning Egan Jones from rating any junk debt (gubberment bonds) issued by the crumbling gubberment debt printing machine.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#3119 Posted : Saturday, February 23, 2013 1:45:58 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
hisah wrote:
Breaking just now - MOODY'S STRIPS THE UK OF ITS AAA RATING

http://www.businessinsid...f-its-aaa-rating-2013-2

So Moody's has downgraded the UK. Will the UK sue them like its US sister did to S&P while banning Egan Jones from rating any junk debt (gubberment bonds) issued by the crumbling gubberment debt printing machine.

Interesting but as long as all the Allies in Ideology & Commerce [USD, GBP, EUR, JPY] remain unstable, there's nothing 'stable' about the rating outlook(s). You might also consider ZAR shorts too.
Cde Monomotapa
#3120 Posted : Saturday, February 23, 2013 2:17:47 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
hisah wrote:
Breaking just now - MOODY'S STRIPS THE UK OF ITS AAA RATING

http://www.businessinsid...f-its-aaa-rating-2013-2

So Moody's has downgraded the UK. Will the UK sue them like its US sister did to S&P while banning Egan Jones from rating any junk debt (gubberment bonds) issued by the crumbling gubberment debt printing machine.

Interesting but as long as all the Allies in Ideology & Commerce [USD, GBP, EUR, JPY] remain unstable, there's nothing 'stable' about the rating outlook(s). You might also consider ZAR shorts too.

Quick fix? Cut deal with Iran, lift sanctions letting oil flow again breaking the 'supply constraints' charade in the mkts to ease the indirect tax & burden on main-street which by extension stems the rate of econ. decline but err.... Over to B.O & Co.
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