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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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Cde Monomotapa wrote:@ceinz..nilikuambia aje? Where's my cut?!? Naona ushakuwa volatility predictor, thats good. But this is only for a while. Thanks. “small step for man”
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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hisah wrote:Ceinz wrote:hisah wrote:
On July 28 a huge ES contract was sold hinting to market weakens coming soon on S&P 500.
How do you get hold of the ES contract info? Bloomberg professional... Gratias. “small step for man”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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More on the S&P H&S selloff pattern... This is one ugly chart and this index will likely plunge 20% before things settle down... Anyone playing the global stocks on the bull side must start factoring their defensive plays henceforth... https://images.angelpub..../2011/30/9674/oex-hs.jpg$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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And this will open your eyes...  @KK - Currently I'm on these stocks... New Gold Inc, Yamana Gold and Randgold Resources Currently checking out this one -> Mega Precious Metals (MGP). Mexico, WTH... http://news.yahoo.com/me...ts-attack-232518398.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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The jobs report has done zero!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Cde Monomotapa wrote:The jobs report has done zero! It is so fake, that it was a none event... Spain fireworks likely to boil over this weekend. Stay tuned 
Btw it is quite interesting that the US markets tanked with massive points yesterday which happened to be Obama's birthday... Coincidence...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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And here we go... S&P rating agency downgrades the US... Indeed this has been a supercharged week. Is the global ponzinomics unable to pay its ICU bill? Clearly there must be some infighting amongst the banksters... http://english.aljazeera...201185232814450317.html
This August will be interesting esp if France comes short, that will leave Germany to shoulder the EFSF alone! That euro will see flight of money in a flash... @cde - this is why i told you next week will be interesting. Stay tuned $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:Cde Monomotapa wrote:The jobs report has done zero! It is so fake, that it was a none event... Spain fireworks likely to boil over this weekend. Stay tuned
Btw it is quite interesting that the US markets tanked with massive points yesterday which happened to be Obama's birthday... Coincidence... Black Birthday Day...go into record book.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:And here we go... S&P rating agency downgrades the US... Indeed this has been a supercharged week. Is the global ponzinomics unable to pay its ICU bill? Clearly there must be some infighting amongst the banksters... http://english.aljazeera...201185232814450317.html
This August will be interesting esp if France comes short, that will leave Germany to shoulder the EFSF alone! That euro will see flight of money in a flash... @cde - this is why i told you next week will be interesting. Stay tuned Walalala...U knw I saw a breakng news flash while on reuters finance that some govt.guy expctd S&P dwngrade. Thought it was just another threat, nikaenda kudoze. This is exciting!! S&P has proppd itself with this one, its popularity outside the US will SOAR!! Hakuna kazi America anyway, dwngrade that bitch!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@hisah, now if the USD & EUR are crap..what next?
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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After Thursday's sell off brace yourselves for another rout on monday across all the markets.Watch the coming week.
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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cnn wrote: After Thursday's sell off brace yourselves for another rout on monday across all the markets.Watch the coming week. i have the feeling that this coming week holds a lot in the financial environment around. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Cde Monomotapa wrote:!! 60 dollar crude !!
@hisah, now if the USD & EUR are crap..what next? I will get my $30 oil, just like I got my USDKES @90... And the shocking part for the KE is that fuel will still be expensive!? Why? That USDKES is going to zoom beyond 100/- so faling oil prices will be negated by a devalued exchange rate! Absolute nonsense from the KE central planners. When people will hit the streets properly, indeed they shall wake up or run away...
As for the currencies, I've been hedging via the swissie - CHF. I like the idea that they want to go back to the gold standard i.e. a gold backed franc. If I was to vote for a new reserve currency, the swissie takes it.
In the meantime big money is going into PM - precious metals (gold, silver, platinum) and commodity stocks like PM firms and agri commodities.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Thanks @hisah and i'll agree with U on the PMs and drop in crude (and resources) but hold reservations on the future of net importer countries ccys, like KES. Cheaper crude and resources in the globe should lead to less demand on forex hence strength? My presumption.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Cde Monomotapa wrote:Thanks @hisah and i'll agree with U on the PMs and drop in crude (and resources) but hold reservations on the future of net importer countries ccys, like KES. Cheaper crude and resources in the globe should lead to less demand on forex hence strength? My presumption. If KES becomes gold backed, I'll hoard it... In future we should have continental ccys to avoid forming another ponzinomics after this one collapses.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:Cde Monomotapa wrote:Thanks @hisah and i'll agree with U on the PMs and drop in crude (and resources) but hold reservations on the future of net importer countries ccys, like KES. Cheaper crude and resources in the globe should lead to less demand on forex hence strength? My presumption. If KES becomes gold backed, I'll hoard it... In future we should have continental ccys to avoid forming another ponzinomics after this one collapses. I see and just to add, we'll have a good harvest by Q4 and probable good rain to fill up hydro (though we'll still run thermal coz of demand). Let's see.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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A look at lame stream media headlines after a rocky week for global stocks capped by a dramatic US debt downgrade: - China - http://in.reuters.com/ar...dINIndia-58648620110806
Xinhua wrote:
The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone," China's official Xinhua news agency said in a commentary.
India - http://in.reuters.com/ar...dINIndia-58637220110805
Markets - http://in.reuters.com/ar...dINIndia-58627020110805
http://in.reuters.com/ar...dINIndia-58643220110805
Then now the blame game begins... http://www.youtube.com/w...FKs&feature=related
This is a very interesting audio video made in Feb 2011... http://www.youtube.com/w...VqY&feature=related
Peter Schiff - http://www.youtube.com/watch?v=axFiHr5I7ow
Ron Paul - http://www.youtube.com/w...;feature=player_embedded$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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So which is the 1st stock exchange to react to the US debt downgrade? House of Saud aka Saudi Arabia stock market (Tadawul All-Shares Index) tanks 5.46% for the day. In Arabia world, Saturday is a weekday remember... Meanwhile in euro land, Germany is already growing cold feet in supporting Italy via the EFSF guarantee. I have a sneaky feeling France will get downgraded soon and that will see the euro drop like a rock... 2008 is back in fashion... caution! http://translate.googleu...Zd1AIHsuwU8-47PtduSi8YQ
We now wait for early Monday with Australia and Japan leading the week's opening... http://www.telegraph.co....on-SandP-downgrade.html
The run on the US Treasurys coming soon - http://www.youtube.com/watch?v=2N8gJSMoOJc
And for those that like Rap music here is something interesting. Quite creative this artiste. http://www.telegraph.co....ebt-crisis-into-rap.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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And the blame game begins ->
Fire Geithner - http://www.reuters.com/a...06-Aug-2011+PRN20110806
G20 to hold crisis call Saturday -> http://www.reuters.com/a...l-idUSN1E77504S20110806
ECB to hold Sunday conference call on crisis-source -> http://www.reuters.com/a...e-idUSR1E7J600520110806
I got a feeling, that tonight's gonna be a good night,
that tonight's gonna be a good night x2
The remix...
I got a feeling, that stocks gonna tank a lot now,
that stocks gonna tank a lot now x2... Enjoy the music... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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