wazua Fri, Apr 17, 2026
Welcome Guest Search | Active Topics | Log In

543 Pages«<193194195196197>»
Investors Lounge
Options
Previous Topic · Next Topic
hisah
#1941 Posted : Tuesday, January 03, 2012 6:11:01 PM
Rank: Chief

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


Definitely this thing is about to rocket. Brace yourself as oil skyrockets coz of this stupid persian tension Sad
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#1942 Posted : Wednesday, January 04, 2012 5:54:07 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Well EU has just announced they've come to an agreement on banning iranian oil imports. And immediately Brent & WTI prices are furiously rallying Sad

One ugly show this... 2012 has started on the flip side... Whacky ride ahead without seatbelts...

Will the weak global economy stand the coming oil price shock... Definitely bears (sell side) will be on a roll...

Update - rink - http://af.reuters.com/ar...ws/idAFB5E7NR00820120104
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Wednesday, January 04, 2012 6:10 PM | Reason: Not specified
hisah
#1943 Posted : Wednesday, January 04, 2012 6:34:22 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Yep, the headlines are getting cranky. US debt now past 100% as the global debt bomb ponzi continues...

http://www.arabianmoney....reece-threatens-default/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Wednesday, January 04, 2012 6:35 PM | Reason: Not specified
youcan'tstopusnow
#1944 Posted : Wednesday, January 04, 2012 9:02:29 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
It is said that war (well at least initially) 'rallies the nation together'. Maybe that is what Obama is looking for with Iran and in the process secure re-election as the nation will no doubt 'forge together during these difficult times'

Let it unfold...
GOD BLESS YOUR LIFE
Back to top
WWW
  |
Nabwire
#1945 Posted : Wednesday, January 04, 2012 9:11:47 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
hisah wrote:


Definitely this thing is about to rocket. Brace yourself as oil skyrockets coz of this stupid persian tension Sad




Just freaking great!!! I swear I'm buying a donkey, Ahmadinejad yani tuone huruma, that strait of whatever that you are threatening to close Sad
American News update
1. China...bad
2. N.Korea.. even worse
3. Iran ...Evil!!
And in other news, a cat was trapped and almost died in a tree. Brave firefighters rescued it bla bla bla, actually this other cat is hilarious http://www.washingtonpos...3/gIQAmoRzYP_story.html

Then EK has been given a delisting notice
http://www.fool.com/inve...-this-broken-stock.aspx

What more bad news could there be?? I know someone will make a killing off all this, this game is tough!
Back to top
  |
Nabwire
#1946 Posted : Wednesday, January 04, 2012 9:16:24 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
youcan'tstopusnow wrote:
It is said that war (well at least initially) 'rallies the nation together'. Maybe that is what Obama is looking for with Iran and in the process secure re-election as the nation will no doubt 'forge together during these difficult times'

Let it unfold...



My Econ professor once told us that war is good!! Ofcourse as long as you win,creates alot of opportunities. Though the Bush war def did not rally the nation together. Aki if Obama angers Ahmadinejad, yani I might as well just start selling my kidneys, that guy does not know how to be nice Laughing out loudly I know the US is trying to bully him, but Gotdamn!!! Oil is too expensive!!
Back to top
  |
Cde Monomotapa
#1947 Posted : Wednesday, January 04, 2012 9:28:48 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
What i'm finding very funny is that fundamentally a lot of refineries are being shutdown in the West for over-capacity due to low demand. So EU sanctioning Iran at this point is just a PR exercise in my view coz the truth is they don't need the crude for reasons very clear to a smart person. I'm still very bearish on Crude. Screw the smoke screens.
Back to top
  | | Edit by user: Wednesday, January 04, 2012 9:30 PM | Reason: Not specified
Cde Monomotapa
#1948 Posted : Wednesday, January 04, 2012 9:48:17 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
What i'm finding very funny is that fundamentally a lot of refineries are being shutdown in the West for over-capacity due to low demand. So EU sanctioning Iran at this point is just a PR exercise in my view coz the truth is they don't need the crude for reasons very clear to a smart person. I'm still very bearish on Crude. Screw the smoke screens.

Matter of fact! KPRL expansion should be fast-tracked so that we can supply the remaining demand in the EU! Laughing out loudly Laughing out loudly
Back to top
  |
Cde Monomotapa
#1949 Posted : Wednesday, January 04, 2012 9:52:31 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Another issue arising from Western sanctions on Iranian oil is that it gives bargaining power to China & India to get cheaper crude from Iran hence, more growth for China & India! Catch 22 pap! Laughing out loudly Laughing out loudly
Back to top
  | | Edit by user: Wednesday, January 04, 2012 9:53 PM | Reason: Not specified
Nabwire
#1950 Posted : Thursday, January 05, 2012 1:30:14 AM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Cde Monomotapa wrote:
Catch 22 pap! Laughing out loudly Laughing out loudly

What has just been said?? Pliz rudia pole pole, I'm looking at it from a Micro not Macro point of view, if Iran blocks the strait, oil skyrockets, bad for consumer, right? Even worse if Obama "overreacts" and attacks Iran, WW III.
Back to top
  |
543 Pages«<193194195196197>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.