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What is Happening to USD!
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Ngong
#1 Posted : Monday, October 28, 2013 1:14:05 PM
Rank: Veteran

Joined: 11/17/2012
Posts: 1,461
Location: Ngong Forest
From above 87 to below 85 in a month!

What to DO before its too late?Sad
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mkeiyd
#2 Posted : Monday, October 28, 2013 1:55:39 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 1,182
Ngong wrote:
From above 87 to below 85 in a month!

What to DO before its too late?Sad

Before it's too late for? Going back to 87 or tanking below 84?
My wish is for it to go as low as it can.
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jaggernaut
#3 Posted : Monday, October 28, 2013 2:08:06 PM
Rank: Elder

Joined: 10/9/2008
Posts: 5,389
US govt shutdown to blame?
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Ngong
#4 Posted : Monday, October 28, 2013 11:34:37 PM
Rank: Veteran

Joined: 11/17/2012
Posts: 1,461
Location: Ngong Forest
mkeiyd wrote:
Ngong wrote:
From above 87 to below 85 in a month!

What to DO before its too late?Sad

Before it's too late for? Going back to 87 or tanking below 84?
My wish is for it to go as low as it can.


Please explain why u wish so!
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Ngong
#5 Posted : Monday, October 28, 2013 11:36:36 PM
Rank: Veteran

Joined: 11/17/2012
Posts: 1,461
Location: Ngong Forest
jaggernaut wrote:
US govt shutdown to blame?


Shutdown should create a demand,kweli rongo?
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murchr
#6 Posted : Tuesday, October 29, 2013 12:10:40 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
mkeiyd wrote:
Ngong wrote:
From above 87 to below 85 in a month!

What to DO before its too late?Sad

Before it's too late for? Going back to 87 or tanking below 84?
My wish is for it to go as low as it can.


A strong KES is not always good. My thinking is that we have to much $$ in circulation.
"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
.
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sparkly
#7 Posted : Tuesday, October 29, 2013 6:04:38 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
murchr wrote:
mkeiyd wrote:
Ngong wrote:
From above 87 to below 85 in a month!

What to DO before its too late?Sad

Before it's too late for? Going back to 87 or tanking below 84?
My wish is for it to go as low as it can.


A strong KES is not always good. My thinking is that we have to much $$ in circulation.


Any connection with the tea bonuses? Maybe KTDA has liquidated $ A/C leading to a glut.
Life is short. Live passionately.
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Horton
#8 Posted : Tuesday, October 29, 2013 7:59:34 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
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maka
#9 Posted : Tuesday, October 29, 2013 8:55:38 AM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ngong wrote:
jaggernaut wrote:
US govt shutdown to blame?


Shutdown should create a demand,kweli rongo?


Not really a slow economy would have/will force the federal reserve to pump in more dollars via QE
,bond buybacks...the market would be flooded with dollars...
possunt quia posse videntur
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Ngong
#10 Posted : Tuesday, October 29, 2013 10:25:41 AM
Rank: Veteran

Joined: 11/17/2012
Posts: 1,461
Location: Ngong Forest
Federal reserve not affected by this shutdown?
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