wazua Thu, Apr 2, 2026
Welcome Guest Search | Active Topics | Log In

543 Pages«<233234235236237>»
Investors Lounge
karanjakinuthia
#2341 Posted : Thursday, May 03, 2012 11:39:00 AM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
China is in a similar position to the United States in 1931, the emerging super power in the wake of the decline of Great Britain. By 1945, the U.S. had 76% of the world's gold reserves, cementing the reserve status of the Dollar.

"According to Michael Lombardi, lead contributor to Profit Confidential, there is mounting evidence of large amounts of buying in the gold market by India, Japan and China.

New York, NY (PRWEB) April 30, 2012

According to Michael Lombardi, lead contributor to Profit Confidential, there is mounting evidence of large amounts of buying in the gold market by India, Japan and China.

In the article, Two Major Countries Join in China’s Quest for Gold, Lombardi says that, culturally, Asia views gold bullion and the reasons for buying gold bullion differently than we do here in the West...."

Read more:

http://www.chron.com/bus...-Gold-Buyers-3520622.php
hisah
#2342 Posted : Thursday, May 03, 2012 12:34:15 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Graphs for 2012... The global market is ignoring the incoming storm, for how long smile

S&P 500 vs IBEX 6 year comparison chart. Watch out for that diversion! Either IBEX mounts a hell of a rally to catch up with S&P 500 or the S&P snaps to catch IBEX. Such stack divergence points to a very weak market fundamentals... Global markets are unstable and when the floor caves in, the crash will not be funny. Caution!




Speaks for itself - PIIGS debts vs Bundesbank claims. Really ugly this.





Source: Thomson Reuters Datastream, Bank of Spain


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2343 Posted : Thursday, May 03, 2012 2:51:01 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Five reasons why Kenya and Africa should take off - from World Bank blog...

http://blogs.worldbank.o...-africa-should-take-off

Quote:
Fifth, economic policies have substantially improved. The 1990s was the decade of controversial structural adjustment. When I was traveling through Africa during that period, black markets were everywhere. Today they are exceptional. Compared to Europe, Africa’s macroeconomic policies look excellent! For example, Kenya’s debt level of around 45 percent of GDP would propel it to one of the top performers in the European Union.


So KE's 45% debt to GDP ratio would make it the cream of EU... Salalaa... Dunia kwisa smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2344 Posted : Thursday, May 03, 2012 3:42:50 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Hmmm... after looking at how the monetary wars play screen is unfolding some wild thoughts come to mind...

Chinese Yuan - will it be gold backed and will asia be able to counter the west with their own SWIFT system.
Arabian gold dinar - will it really see the day without the petro-dollar
BRICs reserve currency - will the basket of their currencies suffice...
African reserve currency - as per ghadaffi's dreams of a gold back currency
Euro - will it crash out or will ze germans and nordics form a nordic euro and kick out the other parasitic members. At the same time will the swiss be able to launch their gold backed swiss franc as they return to gold standard...
USD - will it survive the current monetary war to topple it from the reserve seat.

Interesting times as the currency war scales up... A recipe for serious trader wars if not a global war. Divine intervention required... Pray
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2345 Posted : Thursday, May 03, 2012 4:30:58 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
An interesting economics exchange between Ron Paul and Prof. Krugman. Ring-side action smile

http://www.bloomberg.com/video/91689761/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#2346 Posted : Thursday, May 03, 2012 7:57:07 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
hisah wrote:
Five reasons why Kenya and Africa should take off - from World Bank blog...

http://blogs.worldbank.o...-africa-should-take-off

Quote:
Fifth, economic policies have substantially improved. The 1990s was the decade of controversial structural adjustment. When I was traveling through Africa during that period, black markets were everywhere. Today they are exceptional. Compared to Europe, Africa’s macroeconomic policies look excellent! For example, Kenya’s debt level of around 45 percent of GDP would propel it to one of the top performers in the European Union.


So KE's 45% debt to GDP ratio would make it the cream of EU... Salalaa... Dunia kwisa smile


smile
"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
.
murchr
#2347 Posted : Friday, May 04, 2012 1:49:56 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
"I just wanted to come and see how mobile money was being applied in microfinance. I had read a lot about M-Pesa. I was planning to go back to graduate school, but I decided to stay and explore opportunities here,” says Gordon.


http://www.howwemadeitin...valley-for-africa/16541/
"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
#2348 Posted : Saturday, May 05, 2012 5:34:12 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Very glad to see brent taking it in the chin. Hope it breaks below $100. Who needs expensive oil with a limping global economy taking large knocks for a sinking eurozone...



Btw does this mean the persian faceoff has run out of steam?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2349 Posted : Saturday, May 05, 2012 6:47:20 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Eurostoxx down for weeks, but euro stubbornly up. Divergence!

Pound up, FTSE down for weeks, UK in recession. Divergence!

Large H&S pattern on weekly chart for canadian stocks -TSX.

I continue to fancy the sell side for equities. Too many divergence scenarios in global markets.

For ETF, I like BGZ on the buy side.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2350 Posted : Monday, May 07, 2012 8:30:30 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Yep, europe will determine the global financial & political direction this decade.

Sparta has voted out that goldman squid puppet. Sarkozy is french kissed goodbye. In the process Mr Market is not amused and plunges the markets... Ze germans dont like both set of results either. And this is just the beginning of elections in euroland. The Irish referendum this May is another powderkeg. Holland got no cabinet - sept looms. Belgium, no gubberment for almost 2yrs!
Will EU be able to hold together? Eurocrats are fast taking in a lot of water.

A few months later it will be time to buy the euro. You will know when ze germans hold their elections...

http://www.guardian.co.u...ction-financial-markets

And in May 6 2010 the market got to know a 'flash crash'. The window is the same...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
543 Pages«<233234235236237>»
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.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.