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Investors Lounge
jonna
#2901 Posted : Wednesday, December 26, 2012 9:52:10 AM
Rank: Member

Joined: 11/16/2011
Posts: 196
Location: united states of africa
Where in Africa can one purchase raw or purified copper in large quantities for hoarding??

JPMorgan Chase & Co. (JPM) won regulatory approval for the first U.S. exchange-traded fund backed by physical copper, which some industrial users said may disrupt the market.
The proposed rule change by NYSE Arca Inc. to list JPM XF Physical Copper Trust was approved, the regulator said in an order on its website dated Dec. 14. BlackRock Inc. (BLK) and ETF Securities Ltd. also have said they plan to start physically backed ETFs for industrial metals in the U.S.

http://www.bloomberg.com...physical-copper-etf.html
Energy.
karanjakinuthia
#2902 Posted : Friday, December 28, 2012 9:33:39 AM
Rank: Member

Joined: 11/13/2006
Posts: 551
Location: Nairobi
They say "necessity is the mother of invention". Swiss refinery Valcambi have developed an easily breakable gold bar to ease payment in times of crisis. Gold is coming to the fore as an insurance policy against instability of the nation states of Europe.

Gresham's Law states "Bad money drives out good". Europeans are spending their Euros to purchase gold for hoarding. Thus, the phrase. Gold hit an all time high in Euro terms on October 1st 2012 at Euro 1,385. Notably, the Euro bottomed in July, 2012 signalling a relief of the pressure on the Eurozone. The debt crisis maelstrom may be angling towards other shores. Whether it is headed for Japan or the United States, only time will tell.

"Customers are hoarding gold mostly at home as a precaution against a crisis, just as their fathers and grandfathers did before them,' Mr Geissler said."

Read more: http://www.dailymail.co....nder.html#ixzz2GK3A5xXg

youcan'tstopusnow
#2903 Posted : Saturday, December 29, 2012 8:20:52 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
France's constitutional
council has struck down a top income tax rate of
75% introduced by
Socialist President
Francois Hollande.
Raising taxes for those
earning more than 1m euros (£817,400) has been a flagship policy for Mr Hollande.
http://www.bbc.co.uk/news/world-europe-20864114
GOD BLESS YOUR LIFE
jonna
#2904 Posted : Monday, December 31, 2012 2:11:41 AM
Rank: Member

Joined: 11/16/2011
Posts: 196
Location: united states of africa
This are the kind of short stories I like reading. They intrigue my mind.

Can Kenya's invasion of Kismayo put an end to al-Shabab for good?

Incredibly, this small port city, a study in ruin in a country that is a parable of ruin, boasts two airports. There is the new airport, as it's known, laughably to all who touch down there, which lies 10 miles inland and consists of a couple of mostly tarmacked runways and the carcass of a terminal.

http://allafrica.com/stories/201212281016.html
Energy.
Nabwire
#2905 Posted : Monday, December 31, 2012 6:21:02 AM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
youcan'tstopusnow wrote:
France's constitutional
council has struck down a top income tax rate of
75% introduced by
Socialist President
Francois Hollande.
Raising taxes for those
earning more than 1m euros (£817,400) has been a flagship policy for Mr Hollande.
http://www.bbc.co.uk/news/world-europe-20864114



Now this French government is not serious, why would anyone pay 75% tax? No wonder they are anti capitalists, coz with 75% tax rate, I would opt to work only 30 hours a week and 2 months mandatory vaction too.
murchr
#2906 Posted : Tuesday, January 01, 2013 1:28:16 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Its official, the US will go over the cliff
"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
.
Nabwire
#2907 Posted : Tuesday, January 01, 2013 10:02:46 AM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Thought kuna last minute deal that was reached "last minute", hawa watu nimacartoon, they are just acting like its the end of the world, yet both sides had long agreed. Isnt this the same fiscal cliff nonsense that played out last year. I actually hope they dont agree, ndio nione wako really serious, coz my take is they are just playing charade. If we go over the cliff, labda hizi nyumba zitakuwa affordable, that'd be great! But thats just dreaming, there will be no cliff to fall from, atleast until next year then we go through the same "burning the midnight oil" charade
murchr
#2908 Posted : Tuesday, January 01, 2013 10:32:02 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Happy new year gal.....congress walienda kulala but senate is burning the midnite oil
"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
.
Nabwire
#2909 Posted : Tuesday, January 01, 2013 10:34:37 AM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Thanks, though bado sisi tuko 2012, happy new year to you too. Uko na bidii kuona hizo cartoons, here's to hoping we fall off the fiscal cliff...
poundfoolish
#2910 Posted : Tuesday, January 01, 2013 11:39:14 AM
Rank: Elder

Joined: 12/2/2009
Posts: 2,458
Location: Nairobi
I think a good compromise will be increasing tax on 250k+ and cut spending on welfare(esp handouts)
To me thats 50/50 compromise on both parties
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