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carygoh
#171 Posted : Tuesday, January 19, 2010 9:12:28 AM
Rank: Elder

Joined: 5/4/2008
Posts: 1,703
wewe @mathenge what is worng with my name being carygoh ?una shidaEh?
Think Positive Test Negative
kizee
#172 Posted : Tuesday, January 19, 2010 10:50:53 AM
Rank: Member

Joined: 1/9/2008
Posts: 537
yea...aemathenge niaje? carygoh is a very lovely name...so carygoh..wat hapend to the pics
karanjakinuthia
#173 Posted : Tuesday, January 19, 2010 12:01:28 PM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
@ VituVingiSana

The proof is in the pudding:

Man tries to sell $1100 one ounce gold coin for $50; no takers

http://www.youtube.com/w...feature=player_embedded


karanjakinuthia
#174 Posted : Tuesday, January 19, 2010 3:17:25 PM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
In China they have a song that starts with the lyrics: "The East is red; the sun rises."

I draw your attention to the following excerpt "For the past two decades, Chinese foreign ministers have established a culture of reserving for the African continent their first foreign trips in a year. This is "a non-written Chinese diplomatic tradition which I would like to honor due to its historic significance and reality," Yang explained at the beginning of the article." It speaks volumes as to the strategic role that Africa plays for China.

"RABAT, Jan. 11 (Xinhua) -- Chinese Foreign Minister Yang Jiechi, who is on a five-nation African trip, is calling for the strengthening of the new Sino-African partnership "characterized by equality and mutual respect on the political front, a win-win economic cooperation and reciprocal cultural exchanges."

"Let us deepen the new and strategic Sino-African cooperation through reinforcing our cooperation which should be characterized by equality and mutual respect on the political front, a win-win economic cooperation and reciprocal cultural exchanges," Yang said. ..."

Read more:

http://news.xinhuanet.co.../11/content_12791220.htm
karanjakinuthia
#175 Posted : Wednesday, January 20, 2010 1:17:51 PM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
Greece has gotten an earful from all quarters as concerns its fiscal position. Market participants, alarmed that Greece is Europe's Achilles' Heel, have in recent days sold off the Euro in favour of the Dollar. As the article points out, Greece is a speck in Europe's eye whilst California looks increasingly like a log in the U.S. eye.

"Asked about any threat to the euro because of Greece's problems, Trichet pointed out that Greece's Gross Domestic Product (GDP) is a mere 2.5% - 3% of the euro zone GDP. In California, which has its own set of severe fiscal challenges, the magnitude of the problem is far larger (California's GDP is over 12% of U.S. GDP). He went on to stress that euro zone budget deficits currently amount to about 6.5% - 7% in the aggregate, compared to 12% in the U.S..."

Read more:

http://www.merkfunds.com...reece-No-California.html
Cicero
#176 Posted : Thursday, January 21, 2010 1:15:57 AM
Rank: Member

Joined: 7/7/2009
Posts: 111
I love this thread. Go on giving me juicy ideas guys. You are the best!
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it...
karanjakinuthia
#177 Posted : Thursday, January 21, 2010 5:33:14 AM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
Mouse-over a commodity in the key on the right of the graphic in link below to view its trend through the decade:

http://www.usfunds.com/r...75&CFTOKEN=99692872


"We’ve updated our popular Periodic Table of Commodity Returns, and the headline news should come as no surprise – 2009 was a complete turnaround for the sector’s 2008 performance.

Commodities (as measured by the Reuters-Jefferies CRB Index) rose 24 percent in 2009, the largest single-year increase since the early 1970s.

In 2008, only one of the 14 commodities in the table finished positive – gold, up a scant 5.8 percent – while five finished with losses exceeding 50 percent, led by lead at a negative 63.5 percent.

Last year, only three of the 14 ended up underwater for the year, with coal coming in at rock bottom at minus 13 percent. Four of the industrial metals – copper, lead, zinc and palladium – each rose more than 100 percent in 2009...."

Read more:

http://www.resourceinves...;cmpid=resourceinvestor
karanjakinuthia
#178 Posted : Monday, January 25, 2010 6:59:13 AM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
Look to agriculture to have a positive impact on economic output going forward. Recognition of the unfolding commodity bull market has attracted new capital and interest in hitherto depressed segments. In Kenya, there's even a coffee fair scheduled for stakeholders in the industry.

"The financial crisis is likely to lead to food shortages in a few years because the agriculture sector is in dire need of funds, legendary investor Jim Rogers told CNBC Friday.

Buying distressed commodities is a better way to make money than investing in stocks, according to Rogers.

"The fundamentals (for agriculture) have gotten better," he said. "The inventories are now at the lowest they've been in decades, not in years."

"Sometimes in the next few years we're going to have very serious shortages of food everywhere in the world and prices are going to go through the roof."

Cotton and coffee are good buys because they are very distressed, while sugar, despite the fact that it has gone up a lot, is still down 70 percent from its all-time high, according to Rogers."

Read more:

http://www.cnbc.com/id/34874608/site/14081545
karanjakinuthia
#179 Posted: : Tuesday, January 26, 2010 1:04:36 PM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
The year 2007 was the peak of a 52 year bull market in U.S. real estate (hat tip to Martin Armstrong). I recall an article in either Fortune or Forbes of a gentleman who owned 11 properties and he had never seen some of them. I also recall one of the episodes of "The Apprentice" dominated by real estate practitioners.

This has the character of a lengthy bear market.

"A group led by Tishman Speyer Properties has decided to give up the sprawling Peter Cooper Village and Stuyvesant Town apartment complex in Manhattan to its creditors in the collapse of one of the most high-profile deals of the real-estate boom.

The decision comes after the venture between Tishman and BlackRock Inc. defaulted on the $4.4 billion debt used to help finance the deal. The venture acquired the 56-building, 11,000-unit property for $5.4 billion in 2006—the most ever paid for a single residential property in the U.S. The venture had been struggling for months to restructure the debt but capitulated facing a massive debt load and a weak New York City economy that has undercut rents and demand for high-priced apartments..."

Read more:

http://ftalphaville.ft.c...ultimate-in-jingle-mail/
karanjakinuthia
#180 Posted : Wednesday, January 27, 2010 9:29:53 AM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
Feast your eyes on this wonderful picture gallery on gold:

http://www.boston.com/bi...cture/2010/01/gold.html


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