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Investors Lounge
hisah
#3441 Posted : Sunday, April 07, 2013 11:25:39 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
Been keen on the Oil watch & estimate March forwards Averaged $108* (from $116*). April has kicked off at sub $108 (now $104*). Throw in a stronger KES and you know what's up smile

I'm waiting to see how it handles $100 level. The oil price nosedive is definitely a nice econ setup with adequate rainfall. However, KPLC tariff hikes at this time is ill timed. How effect has ERC been. Time for an overhaul?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3442 Posted : Sunday, April 07, 2013 11:41:06 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Anonymous launches massive cyber assault on Israel - http://on.rt.com/mpyqcb

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#3443 Posted : Sunday, April 07, 2013 11:59:39 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
hisah wrote:
Cde Monomotapa wrote:
Been keen on the Oil watch & estimate March forwards Averaged $108* (from $116*). April has kicked off at sub $108 (now $104*). Throw in a stronger KES and you know what's up smile

I'm waiting to see how it handles $100 level. The oil price nosedive is definitely a nice econ setup with adequate rainfall. However, KPLC tariff hikes at this time is ill timed. How effect has ERC been. Time for an overhaul?

My take on KPLC is addressing its own internal inefficiency 1st B4 hustling us all the time. ERC is yet to give a green light I think. Crude breaking $100 will be a sight to see. Still angling for the de-couple. Too many lies.
youcan'tstopusnow
#3444 Posted : Sunday, April 07, 2013 1:43:40 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
hisah wrote:
Cde Monomotapa wrote:
Been keen on the Oil watch & estimate March forwards Averaged $108* (from $116*). April has kicked off at sub $108 (now $104*). Throw in a stronger KES and you know what's up smile

I'm waiting to see how it handles $100 level. The oil price nosedive is definitely a nice econ setup with adequate rainfall. However, KPLC tariff hikes at this time is ill timed. How effect has ERC been. Time for an overhaul?

My take on KPLC is addressing its own internal inefficiency 1st B4 hustling us all the time. ERC is yet to give a green light I think. Crude breaking $100 will be a sight to see. Still angling for the de-couple. Too many lies.

Is rationing back, unofficially? Feels like it...
GOD BLESS YOUR LIFE
Cde Monomotapa
#3445 Posted : Sunday, April 07, 2013 1:47:54 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
hisah wrote:
Cde Monomotapa wrote:
Been keen on the Oil watch & estimate March forwards Averaged $108* (from $116*). April has kicked off at sub $108 (now $104*). Throw in a stronger KES and you know what's up smile

I'm waiting to see how it handles $100 level. The oil price nosedive is definitely a nice econ setup with adequate rainfall. However, KPLC tariff hikes at this time is ill timed. How effect has ERC been. Time for an overhaul?

My take on KPLC is addressing its own internal inefficiency 1st B4 hustling us all the time. ERC is yet to give a green light I think. Crude breaking $100 will be a sight to see. Still angling for the de-couple. Too many lies.

Is rationing back, unofficially? Feels like it...

Must be the rains smile
murchr
#3446 Posted : Sunday, April 07, 2013 6:25:36 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
http://www.bloomberg.com...to-renewable-energy.html
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
hisah
#3447 Posted : Sunday, April 07, 2013 8:19:11 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Portugal Mulls Paying Workers in T-Bills - http://online.wsj.com/ar...578408503486304008.html

Quote:
The Portuguese government is considering a plan to pay public workers and pensioners one month of their salary in treasury bills rather than cash after a high court ruled out wage cuts.



We have reached a point where anything goes in euroland... How far from the bottom is now the question...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
karanjakinuthia
#3448 Posted : Tuesday, April 09, 2013 10:48:23 AM
Rank: Member


Joined: 11/13/2006
Posts: 551
Location: Nairobi
Journalists have joined hands with politicians in hunting down the rich and wealth creators. A growing trend is for the wealthy to renounce their citizenship in Marxist nations such as France and the United States for the emerging markets or nations with low sovereign debt.

Offshore tax havens such as Switzerland are being jawboned by tax authorities to reveal depositors. Cyprus was a favourite domicile for Europeans retreating from thirsty tax men but after the IMF lead bail-in or confiscation, it's banking industry is headed for third world status.

The rallying cry should be "Save the Rich!" for once they are run out of town, the cry will be "Save the People!".

"The identities of thousands of people with fortunes hidden in accounts, mainly in the British Virgin Islands, have been exposed – or are about to be. Their loss of innocence, so to speak, comes thanks to the International Consortium of Investigative Journalists, based in Washington.

The Guardian newspaper, which worked with the ICIJ, cites an estimate that the equivalent of 25 trillion euros could be hoarded away in banks that ask few questions.

The ICIJ project, involving a collaborative network of international media partners, says it has begun to jointly publish the findings of scores of journalists working in 170 countries. They are reported to have combed through data in more than two million emails and other documents...."

Read more:

http://www.euronews.com/...ore-tax-havens-exposed/

hisah
#3449 Posted : Tuesday, April 09, 2013 11:46:05 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
karanjakinuthia wrote:
Journalists have joined hands with politicians in hunting down the rich and wealth creators. A growing trend is for the wealthy to renounce their citizenship in Marxist nations such as France and the United States for the emerging markets or nations with low sovereign debt.

Offshore tax havens such as Switzerland are being jawboned by tax authorities to reveal depositors. Cyprus was a favourite domicile for Europeans retreating from thirsty tax men but after the IMF lead bail-in or confiscation, it's banking industry is headed for third world status.

The rallying cry should be "Save the Rich!" for once they are run out of town, the cry will be "Save the People!".

"The identities of thousands of people with fortunes hidden in accounts, mainly in the British Virgin Islands, have been exposed – or are about to be. Their loss of innocence, so to speak, comes thanks to the International Consortium of Investigative Journalists, based in Washington.

The Guardian newspaper, which worked with the ICIJ, cites an estimate that the equivalent of 25 trillion euros could be hoarded away in banks that ask few questions.

The ICIJ project, involving a collaborative network of international media partners, says it has begun to jointly publish the findings of scores of journalists working in 170 countries. They are reported to have combed through data in more than two million emails and other documents...."

Read more:

http://www.euronews.com/...ore-tax-havens-exposed/


It is presented more dramatically by Huffing Post - http://www.huffingtonpos...iticians_n_3008426.html

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3450 Posted : Tuesday, April 09, 2013 3:57:08 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
World's largest micro-lender to set Africa base in Nairobi - http://www.businessdaily.../-/xxcwpsz/-/index.html

Quote:
The world's largest micro-lending organisation KIVA, has announced that it will set up its Africa base in Nairobi to strengthen its partnerships and advance economic opportunity.

The Kenyan office will be Kiva’s first outside the USA, a huge development for a non-profit organisation that was founded in 2005 to lend capital to the small and medium enterprise across the world aimed at alleviating poverty.

Matt Flannery and Premal Shah who are the founders of the organisation said the regional office will be based at the Business Centre at Strathmore University on April 17 this year.

‘’As we open the doors to our new office Nairobi, we are opening the door for new opportunities and exciting partnerships across Africa,’’ said Matt Flannery, CEO and co-founder of Kiva

He added that Nairobi is an emerging hub for numerous potential social enterprise buoyed by the entrepreneurial spirit that is hugely nurtured in the country.

Kiva’s borrowers use internet connection and can access loans from as little as Sh2, 117 ($25) with a repayment rate of 98.9 per cent, lenders are privileged to relend their money or withdraw it from the system.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3451 Posted : Tuesday, April 09, 2013 4:12:02 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Fitch downgrades China’s credit rating - http://on.ft.com/ZzUB65

China’s sovereign credit rating has been cut by Fitch, which warned that the world’s second-largest economy faces a bumpy road ahead as it seeks to change its growth model.

I wait for the day when these rating agencies will be shutdown... Cess pools they are...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3452 Posted : Tuesday, April 09, 2013 4:19:05 PM
Rank: Chief


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


http://www.businessinsider.com/bitcoin-200-2013-4

The bitcoin parabolic since Cyprus pandora's box was opened.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Mukiri
#3453 Posted : Tuesday, April 09, 2013 7:44:15 PM
Rank: Elder


Joined: 7/11/2012
Posts: 5,222
hisah wrote:
World's largest micro-lender to set Africa base in Nairobi - http://www.businessdaily.../-/xxcwpsz/-/index.html

Quote:
The world's largest micro-lending organisation KIVA, has announced that it will set up its Africa base in Nairobi to strengthen its partnerships and advance economic opportunity.

The Kenyan office will be Kiva’s first outside the USA, a huge development for a non-profit organisation that was founded in 2005 to lend capital to the small and medium enterprise across the world aimed at alleviating poverty.

Matt Flannery and Premal Shah who are the founders of the organisation said the regional office will be based at the Business Centre at Strathmore University on April 17 this year.

‘’As we open the doors to our new office Nairobi, we are opening the door for new opportunities and exciting partnerships across Africa,’’ said Matt Flannery, CEO and co-founder of Kiva

He added that Nairobi is an emerging hub for numerous potential social enterprise buoyed by the entrepreneurial spirit that is hugely nurtured in the country.

Kiva’s borrowers use internet connection and can access loans from as little as Sh2, 117 ($25) with a repayment rate of 98.9 per cent, lenders are privileged to relend their money or withdraw it from the system.

What effect would this have on the prices of the financial institutions? Decreased profits

Proverbs 19:21
hisah
#3454 Posted : Wednesday, April 10, 2013 5:23:44 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Mukiri wrote:
hisah wrote:
World's largest micro-lender to set Africa base in Nairobi - http://www.businessdaily.../-/xxcwpsz/-/index.html

Quote:
The world's largest micro-lending organisation KIVA, has announced that it will set up its Africa base in Nairobi to strengthen its partnerships and advance economic opportunity.

The Kenyan office will be Kiva’s first outside the USA, a huge development for a non-profit organisation that was founded in 2005 to lend capital to the small and medium enterprise across the world aimed at alleviating poverty.

Matt Flannery and Premal Shah who are the founders of the organisation said the regional office will be based at the Business Centre at Strathmore University on April 17 this year.

‘’As we open the doors to our new office Nairobi, we are opening the door for new opportunities and exciting partnerships across Africa,’’ said Matt Flannery, CEO and co-founder of Kiva

He added that Nairobi is an emerging hub for numerous potential social enterprise buoyed by the entrepreneurial spirit that is hugely nurtured in the country.

Kiva’s borrowers use internet connection and can access loans from as little as Sh2, 117 ($25) with a repayment rate of 98.9 per cent, lenders are privileged to relend their money or withdraw it from the system.

What effect would this have on the prices of the financial institutions? Decreased profits

Why would they have decreased profits? Do they target the same clients? Saccos, MFIs, banks, shylocks, mshwari and others in a large ocean.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3455 Posted : Wednesday, April 10, 2013 5:42:38 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Japs rush to sell gold as price in yen jumps - http://online.wsj.com/ar...tml?mod=wsj_share_tweet

Instead of hoarding they're selling. The commoner is always shortsighted...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#3456 Posted : Wednesday, April 10, 2013 6:23:49 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
hisah wrote:
Japs rush to sell gold as price in yen jumps - http://online.wsj.com/ar...tml?mod=wsj_share_tweet

Instead of hoarding they're selling. The commoner is always shortsighted...


Most of them were getting it free http://news.yahoo.com/bl...apan-gold-164539547.html
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Cde Monomotapa
#3457 Posted : Wednesday, April 10, 2013 10:44:09 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
@ycsun It now seems comfy enough to extend a hand for making it to the 'other side' of our proverbial value-trap. To new Oppurtunities & Challenges Chief, salut!!
youcan'tstopusnow
#3458 Posted : Wednesday, April 10, 2013 10:50:47 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
@ycsun It now seems comfy enough to extend a hand for making it to the 'other side' of our proverbial value-trap. To new Oppurtunities & Challenges Chief, salut!!

smile
GOD BLESS YOUR LIFE
hisah
#3459 Posted : Wednesday, April 10, 2013 6:41:28 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Cyprus to sell around 400 mln euros worth of gold - http://www.reuters.com/a...d-idUSB5N0CP00G20130410

Quote:
Cyprus has agreed to sell excess gold reserves to raise around 400 million euros and help finance its part of its bailout, an assessment of Cypriot financing needs prepared by the European Commission showed.

The draft assessment, obtained by Reuters, also said that Cyprus would raise 10.6 billion euros from the winding down of Laiki Bank and the losses imposed on junior bondholders and the deposit-for-equity swap for uninsured deposits in the Bank of Cyprus.

Nicosia would get a further 600 million euros over 3 years from raising the corporate income tax rate and the capital gains tax rate.


Gold transfer from cyprus to...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
alutacontinua
#3460 Posted : Thursday, April 11, 2013 10:30:45 AM
Rank: Member


Joined: 3/23/2011
Posts: 304
New FX broker accepting deposits and withdrawal of bitcoin by clients. Possibility of having BTC/USD on MT4 edging ever closer.

http://forexmagnates.com...ed-mt4-trading-at-bit4x/
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
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