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murchr
#4401 Posted : Thursday, October 30, 2014 3:26:16 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
End of Quantitative Easing - FED
"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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hisah
#4402 Posted : Sunday, November 02, 2014 2:05:27 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Controversial cartoon depicts Netanyahu as 9/11 pilot
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#4403 Posted : Monday, November 03, 2014 3:03:18 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Singapore and China to start direct currency trading

Quote:
China will allow direct trading between its currency and the Singapore dollar from Tuesday (Oct 28), making it easier for companies here to do business with their Chinese counterparts.

The Sing dollar will be added to the China Foreign Exchange Trade System (CFETS) platform, which currently offers transactions between the yuan and 10 foreign currencies. The announcement came on Monday (Oct 27), after an agreement at the Joint Council for Bilateral Cooperation (JCBC) in Suzhou, co-chaired by Deputy Prime Minister Teo Chee Hean and Chinese Vice Premier Zhang Gaoli.

Previously, companies that wanted to convert a large amount of Sing dollars to renminbi (RMB) or vice versa had to do so via an intermediate currency such as the US dollar.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#4404 Posted : Tuesday, November 04, 2014 1:14:53 PM
Rank: Chief

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


Oil is breaking critical support levels with impunity!!!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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kyt
#4405 Posted : Tuesday, November 04, 2014 8:04:24 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
hisah wrote:


Oil is breaking critical support levels with impunity!!!

at what price do you think saudia will say; enough is enough?
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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hisah
#4406 Posted : Tuesday, November 04, 2014 9:57:32 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
kyt wrote:
hisah wrote:


Oil is breaking critical support levels with impunity!!!

at what price do you think saudia will say; enough is enough?

Actually the saudis are involved!?

http://in.reuters.com/ar...l-idINKBN0IO0BD20141104
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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kyt
#4407 Posted : Wednesday, November 05, 2014 8:05:49 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
hisah wrote:
kyt wrote:
hisah wrote:


Oil is breaking critical support levels with impunity!!!

at what price do you think saudia will say; enough is enough?

Actually the saudis are involved!?

http://in.reuters.com/ar...l-idINKBN0IO0BD20141104

my question exactly, is there any indication that saudia will be hurt by defending their market share anytime soon or are well looking at oil prices 2008 levels
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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obiero
#4408 Posted : Wednesday, November 05, 2014 8:26:12 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
interesting

KQ ABP 4.26
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Nabwire
#4409 Posted : Thursday, November 06, 2014 2:09:30 AM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
A 27-year-old millionaire reveals how he built his wealth
http://finance.yahoo.com...ancessful-184823184.html
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murchr
#4410 Posted : Thursday, November 06, 2014 5:56:46 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
kyt wrote:
hisah wrote:
kyt wrote:
hisah wrote:


Oil is breaking critical support levels with impunity!!!

at what price do you think saudia will say; enough is enough?

Actually the saudis are involved!?

http://in.reuters.com/ar...l-idINKBN0IO0BD20141104

my question exactly, is there any indication that saudia will be hurt by defending their market share anytime soon or are well looking at oil prices 2008 levels


Others think that this is their way of punishing Russia but i dont think so. They want to discourage fracking and all this exploration bonanza, electric cars...etc. Am enjoying the cheap prices tho but am curious to know how else this plays out.

Why is KES still up there?
"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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