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Investors Lounge
youcan'tstopusnow
#2411 Posted : Friday, May 25, 2012 12:32:50 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Australian mining
magnate Gina Rinehart
has become the world's
richest woman, according
to the country's respected business magazine BRW.
It says Ms Rinehart, 58, is now worth A$29bn ($28bn; £18bn), having increased her wealth by nearly A$20bn in a
year.
It is now possible that she could become the world's first $100bn person, the magazine says.
It says the heiress to an iron-ore prospecting empire earns A$52m a day, A$1m every half hour or A$600 a second.
http://www.bbc.co.uk/news/world-asia-18196826

http://www.thedailybeast...lionaire-iron-lady.html
GOD BLESS YOUR LIFE
hisah
#2412 Posted : Friday, May 25, 2012 9:34:20 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
hisah wrote:
Greece lights the olympic touch...



Police urge Greeks to keep money in the banks. What next, the army will be unleashed on the spartans to retrieve the stuffed mattresses and dump them at the banks...

The euroland circus... Now awaiting the spaniards to get on stage next. I wonder how C.Ronaldo will be paid and where he'll bank it since his homeland portugal is also on the circus lineup...

www.guardian.co.uk/world...ks-money-bank?CMP=twt_fd
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#2413 Posted : Friday, May 25, 2012 12:40:27 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Bankia shares suspended
amid bailout request
reports
http://www.bbc.co.uk/news/business-18202671
GOD BLESS YOUR LIFE
Thiong'o
#2414 Posted : Friday, May 25, 2012 4:00:26 PM
Rank: Member

Joined: 10/14/2011
Posts: 661
ECB governing council member Ewald Nowotny warned of a “massive shock” of unknown consequences if Greece should stumble back to the drachma and cautioned against taking the possibility too lightly.
http://www.capitalfm.co....as-massive-shock-looms/
hisah
#2415 Posted : Monday, May 28, 2012 6:22:20 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Wikileaks, now Vatileaks - www.irishtimes.com/newsp.../0528/1224316805973.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2416 Posted : Monday, May 28, 2012 6:30:15 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Yuan-Yen direct trading to start in June 2012. Yep. The chings & japs have decided to bypass the dollar in their trades. Makes perfect sense smile

It's facinating watching the drama since March 2010 as the euro project as well as the dollar hegemony get dismantled silently. What appeared impossible a decade ago, is happening in a few months and swiftly smile

www.google.com/hostednew...2c9a595e61ea288f1c19.371
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2417 Posted : Monday, May 28, 2012 6:44:26 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Spanish bad loans at 17 year highs... Like I said, spanish financial charts will be my pet charts this year. Many of them will go parabolic esp bond yields & CDS rates for all the wrong reasons...

www.foxbusiness.com/news...campaign=Feed2Flatest+29
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#2418 Posted : Monday, May 28, 2012 7:07:27 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Inside job - www.youtube.com/watch?v=q4egTybH-TE&t=176

And now - www.salon.com/2012/05/18...s_gone_wild/?mobile.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Mainat
#2419 Posted : Monday, May 28, 2012 8:16:46 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Spain's issues are sweat inducing http://tgr.ph/JNy6fq. Bank's loaned €2trn but had €1.2trn deposits.
I keep wondering whether I should be investing in PIGS debt. Only prob. I might have to take 50% discount on the principle.
Sehemu ndio nyumba
murchr
#2420 Posted : Monday, May 28, 2012 8:31:26 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980


Lloyd's of London preparing for euro collapse
"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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