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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Mainat wrote:Italian's bonds breach the the psychological 7%. More importantly, will Iran's nonsense cause oil prices to start heading towards $150? This oil thing is nasty games at this point. @Cde remember oil iko na wenyewe  $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 shockers keep coming in thick & fast. A county has gone bust. Soon a state. In euroland it is nations going belly up. May be that Dr Owuor prophecy is spot on... http://money.cnn.com/201...rson_county_bankruptcy/
It's interesting to note that JP Morgue bank is in the midst of 2 current large bankruptcies (MF Global & now Jefferson County). What a coincidence... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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guru267 wrote:Ceinz wrote:Mainat wrote:Italian's bonds breach the the psychological 7%. More importantly, will Iran's nonsense cause oil prices to start heading towards $150? Italian 10 year yield now at 7.43%: Reuters We better pray because I know we are all aware that if Italy falls we have ARMAGEDON on our hands.. No one in the world can bail out €2trillion in. debt.. NO ONE!! Dow sinks 389 as Europe uncertainty deepens http://news.yahoo.com/dow-sinks...y-deepens-222529075.html“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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Kenya shilling rises to 7-week high vs dollar http:....html “small step for man”
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Rank: Member Joined: 10/14/2011 Posts: 661
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karanjakinuthia wrote:@ Chaka and Phaoro.
Thank you for your kind sentiments. Standing on the shoulders of investing greats such as Warren Buffet, Jim Sinclair, Martin Armstrong, Monty Guild, Jim Rogers, Marc Faber etc, one is able to have a bird's eye view of the forest as a opposed to individual trees when on the ground level. As with all other skill sets, time and effort are directly proportional to mastery.
I am an entrepreneur and will be the luckiest man south of the Equator to marry a woman of substance.
If you have additional questions, do not hesitate to ask. @ karanjakinuthia Where art thou…..? Sahii ya @ Jus Blazin, Ukiiticha kitu harafu umbandiriche fikira! Ujue utaripa!
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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hisah wrote:And the shockers keep coming in thick & fast. A county has gone bust. Soon a state. In euroland it is nations going belly up. May be that Dr Owuor prophecy is spot on... http://money.cnn.com/201...rson_county_bankruptcy/
It's interesting to note that JP Morgue bank is in the midst of 2 current large bankruptcies (MF Global & now Jefferson County). What a coincidence... http://money.cnn.com/201...breakup_prize/index.htm
@mr bear,help these people and make a few coins while at it.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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In Kenya, the Occupy Movement has manifested itself as social discontent in the form of strikes GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:Just to visualize what @kenyainvestor means by saying Dow tanked 4%, read below... Which year is it, 2011? Nooo... Sure feels like 2008. 3yrs have passed by and 2008 is still around. Time stopped indeed... http://www.forbes.com/fe...all-street_8602477.html
I'm hoping E-Trade puts up these 6 trade bets. 1. Berlusconi to be kicked out before Dec 2011.
2. US Treasury Sec to resign before Dec 2011. The recession is indeed over?! 3. The Bernank aka print dollars to infinity helicopter ben to resign before Dec 2011. 4. Spanish PM to resign before Dec 2011. 5. Greek PM to resign before Dec 2011. 6. JP Morgue, BoA, Citi all to lose mortgage fraud cases and forced to repay this fraud by Jan 2012... Stated back on Aug 5th 2011, post #1100...
Though intrade didnt put my bets for trade, well bunga bunga bashes are about to flash crash...
http://www.irishtimes.co...2/breaking8.html?via=mr
2011 - The yr labour said no more to the system & the sheep (wananchi) are beginning to see the fox (wenye nchi) for what it is. An ugly fox-sheep. Many emperors are naked & we need many prayers to stand the hideous displays. Keep watching. Exciting time on the planet 
So let's see how long the Greek & Spanish PM can last the mile. As for the mortgage fraud of US banks, this is another spectacular show waiting to happen...
$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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Dagong getting fed up with its main debtor - http://www.guardian.co.u...-with-new-debt-downgrade$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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hisah wrote:
So let's see how long the Greek & Spanish PM can last the mile.
I thought Greece has a new PM, Lucas Papademos.  “small step for man”
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Ceinz wrote:hisah wrote:
So let's see how long the Greek & Spanish PM can last the mile.
I thought Greece has a new PM, Lucas Papademos. Yeah. G Pap is gone. Now it's L Pap hisah is turning out to be quite The Sage GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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youcan'tstopusnow wrote:Ceinz wrote:hisah wrote:
So let's see how long the Greek & Spanish PM can last the mile.
I thought Greece has a new PM, Lucas Papademos. Yeah. G Pap is gone. Now it's L Pap hisah is turning out to be quite The Sage Oh, I see that Greece has a new PM! Hmmm... He's a former banker, goodluck to Greece!
http://en.wikipedia.org/...rime_Minister_of_Greece
$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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We had PIIGS, now we have 'euro-birds' and EFSF has a new name... http://www.lighthouseinv...o-suicide-formula-efsf/
Update - something is cooking in polska aka poland... http://online.wsj.com/ar...html?mod=googlenews_wsj
$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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The headlines are saucy today... Something about euro exit... http://www.bloomberg.com...its-from-euro-area.html
Something about the yuan... http://www.bloomberg.com...-as-hu-pushes-back.html
Something about the death of the facebook rival founder - Diaspora is an open-source Facebook alternative... When is the FB IPO by Goldman sucks... http://www.pcmag.com/art...00.asp#fbid=qpXCLNN2ck0
Interesting blog... http://vegasxau.blogspot.com/ $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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Out goes Berlusconi with his bunga bunga show and in comes Monti with the Full Monty show... It's amazing how the system just works... http://www.youtube.com/w...gl=US&v=nA3W36JVnRc
http://en.wikipedia.org/wiki/The_Full_Monty
While in Greece, out goes G-Pap and in comes L-Pap who happens to be a former ECB VP... Hii ni system ya... http://www.youtube.com/watch?v=kHcVgdC0irA
http://www.youtube.com/w...yOLk&feature=related$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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This labour war is quite interesting. If players have their way in NBA, the football world esp euroland will also feel the heat. http://espn.go.com/chica...isband-billy-hunter-says$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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Syria is looking very ugly going forward. A somali in the making... Update - The current persian tension is not good for oil price stability. Iran contributes around 17% of opec oil. This could make oil price to spike past $150... $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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Disruptive technology innovations This will meet a lot of resistance from nuclear & oil corporations... Kengen can look into this or an independent power producer (IPP) to generate cheaper electricity... How this got a comnercial license should be an 8th wonder in the world?! While at it also look at the 5kW home heater. This will strangle the HVAC (heating, ventilation & air condtioning) industry in the 1st world i.e. those winter heater bills!? http://www.leonardo-ecat...cts/1MW_Plant/index.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Italy's interim PM forms a new cabinet and takes up the finance docket. Must be missing his ECB VP days. Let's how he'll magically solve the Italian debt pasta. And even funnier if not ridiculous, Intesa CEO appointed Dev & Transport minister. May be to transport lira's from the debt full Intesa coffers... The shameless circus of the system in euroland & US has broken the scale in 2011... Meanwhile Greek 1 & 2yr bond yields read 263% & 115% respectively with the euro getting kicked about this week... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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