Wazua
»
Investor
»
Economy
»
Investors Lounge
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
@scubidu - i'm always a skeptic of the so called CPI or inflation index since most govts always tend to misrepresent their models (using hedonics) to suppress purchasing power erosion. At the moment world bank & treasury say the GDP of KE has expanded in a snappish fashion, but the taxman has missed his targets... I leave it at that. If citi's peers are to follow suit, the avalanche of dollars will create a meltup case, which the fed bank will find difficult to mop up (hiking rates would worsen the situation). That would make the Dow regain 14000 easily (not based on fundamentals) while precious metals & other commodities (oil, food etc) rally to the skies as dollars become paper. If the Tunisian govt lost due to a simple food riot event & jobs, think of a global food riot due to valueless dolllars compounded by the current strange global weather conditions. updated - US food stamps - http://www.forecastforto.../un-freakin-believeable/$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
One very angry Irish commoner... The tape is the same across Europe. http://www.youtube.com/w...feature=player_embedded
http://www.youtube.com/watch?v=zqx4E5tq1Bo - But the Euro is stronger; for how long...    $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 11/13/2006 Posts: 551 Location: Nairobi
|
The Sovereign Debt Crisis is crossing the Atlantic Ocean from southern Europe onto mainland U.S.A. The signs are already manifesting themselves with investors pulling monies out of municipal and state debt. Bloomberg reports that unsecured creditors of Vallejo, California will be paid 5% to 20% of their claims. Trends ...in the States are known to migrate from West to East. Turbulence will be witnessed in the political scene akin to Iceland, Ireland and Greece. The U.S. Dollar can only enjoy temporary rallies due to the travails of Europe. It is no long term safe haven. "Policymakers are working behind the scenes to come up with a way to let states declare bankruptcy and get out from under crushing debts, including the pensions they have promised to retired public workers." Read more: http://www.nytimes.com/2...FusA&pagewanted=all
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
@KK - the municipal bond carnage will make a number of states fold. I wonder how the US plans to get itself out of the debt jail for the money print press is about to run out of ink! In Europe I'm also following the vatican bank scandal, the swiss banks sagas behind the scenes, deutsche bank, all frothing due to the euro CDS crackpot. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
For those that have been following the Zeitgeist documentaries, which discuss the need for change from the current exploitative/imbalanced global monetary system, the new series - part 3 - was released last week. Trailer is here - http://vimeo.com/15520868
You can watch free online from tomorrow - http://www.zeitgeistmovingforward.comPart 2 can be watched free here - http://vimeo.com/13770061$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 11/13/2006 Posts: 551 Location: Nairobi
|
@ Hisah. At the bottom of this article you will find the see-no-evil analysts who are proclaiming that the concerns over the municipal debt sell off is overblown. November 3rd, 2010 was a turning point in this market. There's a potential for a 8.6 month decline or longer. June 12th, 2011 will be a red letter day for this market. The charts of muni bond funds exhibit a dangerous waterfall type decline. Phase II of the Debt Crisis is in gear. "Just as fears about a heavy sell off in the municipal bond market seemed to be easing, Standard & Poor's issued a warning that this year could bring a potential surge in the number of downgrades of bonds issued by state and local governments. States including California, Illinois and New York are strapped for cash and dealing with deep budget deficits, sparking fears that states and cities could fall short in payment obligations to muni bond holders." Read more: http://finance.yahoo.com...=6&asset=&ccode
|
|
|
Rank: Member Joined: 11/13/2006 Posts: 551 Location: Nairobi
|
Seeking Investments in Financial Services, Consumer Goods, Business Services and Industrials Geography: all emerging markets except the Middle East, Russia and former Soviet countries, Zimbabwe, Sudan and Somalia. Sector: financial services, consumer goods, business services and industrials. Transaction size: US $50MM and above. Material minority stakes or control deals are welcome. The caliber of management team and shareholder alignment on exit are obvious must haves. Please let me know of a good candidate via karanjakinuthia@hotmail.com Kind regards, Kinuthia Karanja Deal Flow Provider, www.thefmsgroup.comSkype: kinuthia.karanja Mobile: +254722845343 http://ke.linkedin.com/p...thia-karanja/1b/501/479
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Will MV-Mubarak tank like MV-Ben-Ali. Banning twitter in Egypt is not going to help quash the protests. Live feed for protests - http://ustre.am/t6oN http://crowdvoice.org/em...ce-brutality-in-egypt/#
http://www.flickr.com/ph...sets/72157625902989604/
On twitter this is the highest trending tag - #jan25 - search it on twitter to follow the latest development. Tunisia lit the anti-old-political order powder fuse in North Africa. So what happens when the same happens to Europe...? $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Ron Paul & son reintroduce audit the fed bill now both @ the house & senate. If dad & son have it their way, financial markets will catch a cold... http://ca.finance.yahoo....e-bw-1942148962.html?x=0$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Veteran Joined: 9/4/2009 Posts: 700 Location: Nairobi
|
Another enlightening article from the Wall Street Journal. I guess more people are asking questions cause they can't believe the numbers. Why You Can't Trust the Inflation Numbers Read more: http://online.wsj.com/ar...50317610.html?mod=sf2tw
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Just had a look at the weekly NYSE Egyptian market vectors, it's a carnage aka ulcers central...! http://stockcharts.com/h-sc/ui?c=EGPT,uu[h,a]waclyyay[pb40!f][vc60][iue6,12,9!lj[$spx]]If you had entered the market at the start of 2010 as per yesterday's premature closure due to the country's unrest scenario, your portfolio would be in the red at the moment. http://www.forexpros.com...xo-egypt-advanced-chart - This is Glaxo stock in Egypt, select the 5 day (5D) button to view the long term chart. This stock is down 44% as of yesterday from a high of 19.15 to 10.71 since Dec 2nd 2010. The Tunisian market also displays the same haircuts and quite inviting to the contrarian investor scouting for discounts after such huge corrections/sell-offs. The moment the politicos in these countries settle, the upside reversal on the markets will be snappish as the economy recovers. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 11/13/2006 Posts: 551 Location: Nairobi
|
The 2015 or more precisely 2016 Banking Crisis will be led by the top dogs in commodities - Goldman Sachs and Morgan Stanley. "As politicians, executives and financiers networked at parties and panels last week in Davos, Switzerland, Barrie Wilkinson was in a nearby hotel, warning that a 2015 financial catastrophe may b...e looming. “The fundamentals haven’t been addressed at all,” Wilkinson, a London-based partner at consulting firm Oliver Wyman, said in an interview at the Hotel Morosani Schweizerhof. “The things that caused the previous crisis -- loose monetary policy and trade imbalances -- they’re actually bigger now than they were then.” Read more: http://www.bloomberg.com...-amid-upbeat-davos.html
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
What effect will wikileaks releasing some dirty linen on the banks this week have on the markets? $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 11/13/2006 Posts: 551 Location: Nairobi
|
"The Islamic revolution in Iran came on the target in 1978, 72 years following the 1906 forced constitution. One Pi cycle of 31.4 years brought us to 2009. We are now turning down for a 8.6 year leg completing a 112 year turning point in 2018. This is the season for global revolutionary contagions." - The Counter Revolution of Iran by Martin Armstrong. Interestingly, the cycle of political change in Iran/Persia is IDENTICAL to that of Europe suggesting that those two regions will be tinderboxes until 2018. Whilst the former will endeavor to rid itself of dictatorships, the latter will be adjusting to a new reality as result of the financial crisis and the end of socialism. Like terrible twins feeding off each other, Greece sparked off riots in Ireland, Britain and Spain while Iran was the trigger to a successful uprising in Tunisia, Algeria and now the Land of the Pharaohs. http://www.martinarmstro...-Revolution-of-Iran.pdf
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Fed passes China in Treasury holdings. And the drama continues... http://www.ft.com/cms/s/...abdc0.html#axzz1CoUu1VZU$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Quite interesting an interview by Peter Schiff with Charles Blahous (a US Social Security trustee) who admits Social Security is a Ponzi Scheme... Well he didn't say these words, but his admission that the fund is likely to fail is shocking. http://www.youtube.com/watch?v=ITMEZImvNio$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
@KK - I have been looking at these firms for a PM play other than the gold & silver ETFs. Fresnillo plc (LON: FRES) - For silver play in London - world's largest primary silver company and Mexico’s second largest gold producer. Minera Frisco - Also looking at this Carlos Slim's spin off for silver/gold mining in Mexico. Capital Gold (AMEX: CGC) - Gold miner - Mexico small cap Gammon Gold (NYSE: GRS) - Gold miner - Mexico small cap Argonaut Gold (TSX: AR) - Gold miner - Canadian small cap $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
www.bbc.co.uk/news/business-12400785 London Stock Exchange in merger talks with Canada's TMX GOD BLESS YOUR LIFE
|
|
|
Rank: New-farer Joined: 1/26/2011 Posts: 18
|
What determines the value of commission one is charged for trading shares? If it is a specific amount can i get the exact pecentage?
Are there different rates of commission charged for either buying or selling shares?
Anyone with information please assist.
|
|
|
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
|
Greek oil supertanker Irene hijacked off Oman www.bbc.co.uk/news/world-africa-12403528 GOD BLESS YOUR LIFE
|
|
|
Wazua
»
Investor
»
Economy
»
Investors Lounge
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.
|