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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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 $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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Mobile revolution, economy trip up tech giants - http://www.reuters.com/a...s-idUSBRE89I01M20121019
Quote:Mobile may be the future for technology, but even with the worldwide proliferation of high-powered devices like smartphones and tablets, some companies are struggling to maintain consistent revenue streams.
Earnings disappointments this week from Intel Corp, Microsoft Corp, Google Inc and AMD underscore how Silicon Valley, both the old guard and new, is struggling to profit from consumers' waning love affair with the stalwart PC and infatuation with mobile -- the most significant tectonic shift in the industry since the advent of the Internet.
That bodes ill for companies reporting next week that are highly leveraged to mobile advertising and services -- most famously Facebook Inc, which raised a tumult by warning about over-inflated expectations of its mobile business just before its seminal IPO. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 11/13/2006 Posts: 551 Location: Nairobi
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PIMCO, the subsidiary of Allianz, which is the world's largest fixed income manager has penned an interesting take on the gold market. Recent developments in the European sovereign debt markets has proven a wake-up call for investors worldwide. Capital is seeking alternative assets: commodities, common stocks, corporate debt, technology and art. "For more than a millennium, gold has broadly managed to maintain its real value, even as various currency regimes have come and gone. The supply of gold is constrained, and we see demand increasing consistent with global economic growth on a per capita basis. Given current valuations and central bank policies, we believe investors should consider including gold and other precious metals in a diversified investment portfolio...." Read more: http://www.pimco.com/EN/...D-The-Simple-Facts.aspx
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Rank: Member Joined: 11/13/2006 Posts: 551 Location: Nairobi
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Gold, like a marathon runner, has been on a year long rest and restitution phase after what has been a 12 year marathon. It is nestled between $1523 and $1923. A similar period was it's three attempts at breaching $1000 during the period spanning March 2008 and September 2009. Going forward, the "yellow brick road" to look forward to after $1923 are $2025, $2116, $2209, $2304, $2401, $2500, $2601, $2704, $2809 and $2916. "Gold has steadily advanced over the last 60 days from $1,600 to this morning’s $1,742. The IAU and GLD have been off to the races. Which is making some people a little nervous. For instance: “Can you comment,” a reader asks, “on what you think might happen to the price of gold if Romney gets elected?” I’ll tackle that question today in the course of examining some longer-term trends that will prove immune to whatever happens [checking the calendar] 25 days from now [thank God]. One of the most respected gold fund managers sees gold reaching for a new high inside the next 12 months. In his latest shareholder letter, Tocqueville Gold Fund chieftain John Hathaway bases that forecast on continued negative real interest rates: That is, as long as central banks push interest rates below the rate of inflation, gold performs well...." Read more: http://www.forbes.com/si...-recipe-for-12000-gold/
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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COLUMN-Africa: the next economic tiger - http://reut.rs/R8QSU2
Quote:By contrast, in the view of Stephen Jennings, the Renaissance chief executive, Africa is on a tear. "It is the only region in the world where growth is accelerating," he said by phone from Moscow. "If you strip out South Africa, the rest of the region is actually growing very, very quickly."
Jennings, who pointed out that Kenya had halved infant mortality in five years, an improvement it took India 25 years to achieve, predicts that within a generation, Africa's place in the world will be utterly changed. By 2050, he believes Nigeria will be the most populous country in the world and the African economy will be bigger than that of the United States and Europe combined. $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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IMF/WB this IMF/WB that. These BD articles are boring now. Who gives a hoot about what WB says? Kazi iendelee while WB wanapiga domo tu... www.businessdailyafrica....0/-/1ohlxqz/-/index.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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hisah wrote:COLUMN-Africa: the next economic tiger - http://reut.rs/R8QSU2
Quote:By contrast, in the view of Stephen Jennings, the Renaissance chief executive, Africa is on a tear. "It is the only region in the world where growth is accelerating," he said by phone from Moscow. "If you strip out South Africa, the rest of the region is actually growing very, very quickly."
Jennings, who pointed out that Kenya had halved infant mortality in five years, an improvement it took India 25 years to achieve, predicts that within a generation, Africa's place in the world will be utterly changed. By 2050, he believes Nigeria will be the most populous country in the world and the African economy will be bigger than that of the United States and Europe combined. Is he being real? "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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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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murchr wrote:hisah wrote:COLUMN-Africa: the next economic tiger - http://reut.rs/R8QSU2
Quote:By contrast, in the view of Stephen Jennings, the Renaissance chief executive, Africa is on a tear. "It is the only region in the world where growth is accelerating," he said by phone from Moscow. "If you strip out South Africa, the rest of the region is actually growing very, very quickly."
Jennings, who pointed out that Kenya had halved infant mortality in five years, an improvement it took India 25 years to achieve, predicts that within a generation, Africa's place in the world will be utterly changed. By 2050, he believes Nigeria will be the most populous country in the world and the African economy will be bigger than that of the United States and Europe combined. Is he being real? Yes! The 1st world will experience Japan style lost decade could be more as the debt bomb diffuses. The deleveraging period will see capital flight coming to mostly Africa's boom. I hope you'll still be alive to witness this reality show  $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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https://bitly.com/SKscSl
Germans, Venezuelans and now the dutch want their CB to be forced to say where their gold reserves are and their worth. Is this why CB's have become net gold buyers since 2010. Are CB's about to be caught with their hands in the cookie jar $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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US markets will be closed today due to hurricane Sandy. 9/11 also made the markets to be closed. http://www.telegraph.co....-since-September-11.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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