What if Max Keiser and Mark Faber predictions (both renowned economists) come true,again? Will the shilling strengthen further???!!! Would you hold Kes,USD or EURO??

http://www.prisonplanet....l-in-5-to-10-years.html

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@Mainat

In your post below,are you suggesting that the shilling is not strengthening? Lets say weak is relative but i dont think the shilling is weak if you compare it with the previous tradings of the year. it's today trading at 74.5 to a dollar or so which is the highest it has hit this year i believe. The last time it traded on this range was before October last year. Infact it has risen by almost 2 dollars since mid august!



Experience is what you get when you don't get what you want.

sorry. 20cts. Thanks @jerry

Experience is what you get when you don't get what you want.

I am still trying to figure out the reasons behind the shilling is gaining strength especially now when the agricultural activities have been badly battered by the drought and i am finding none....there has been no major changes in the fundamentals...the dollar has simply lost in the international money market just as the shilling lost against the rand....

NEVER TALK OF A RHINO IF THERE IS NO TREE NEAREBY - ZULU PROVERB

@ Jerry
It is true the federal reserve is printing money .ALOT! Only thing is that it goes by the name quantitative easing. They are using this newly created money to buy up toxic agency (mainly mortgage) debt from the chinese and other central banks on condition that they buy treasuries ( US govt debt) thus creating the impression that these central banks are buying treasuries. Smart fellas.

Invest with alpha not leveraged beta

Kenya remains a net importer... and unless it rains... the KES is on a one way trip down... A country that imports massive amounts of food (without any other significant exports is f****d). Kenya is not Singapore or UAE or UK...

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB