Friday, November 13, 2009
china confidential
Gold Could Hit $2,200 an Ounce
China Confidential analysts expect gold to hit $2,000 an ounce before the end of 2010.
It wouldn't be the first time--adjusted for inflation. In 1980, gold reached $800 per ounce, the all-time highest market value for the precious metal. In today’s market, this would be over $2,200 per ounce.OBSCENE OBAMA DECISION: AL QAEDA 9/11 MASTERMIND TO BE TRIED IN NY CIVILIAN COURT
India Strengthening Disputed Chinese Border
Reuters reports from one of the world's most remote regions:The construction is part of India's quiet military buildup in an eastern Himalayan region that is at the centre of a long festering border dispute with China.
Military bases dot the countryside. At one camp, soldiers clean rows of field guns behind concertina wire fences. Army convoys hurtle along intermittently.
With ties between the two Asian giants strained by a flare-up over their disputed boundary, India is fortifying parts of its northeast, building new roads and bridges, deploying tens of thousands more soldiers and boosting air defences.
Read the entire article here.
There is a Tibet angle, too, as shown by the following excerpt from a Times of India reporton the Dalai Lama's recent visit to Tawang:What this tour, just like his other visits, has proved, is the Dalai Lama's immense popularity across the Himalayas, a fact that may never allow New Delhi to completely distance itself from the Tibetan cause. This despite India's recognition of Tibet as an integral part of China.
People who follow Tibetan Buddhism and support the free-Tibet movement dominate the Himalayas — from Ladakh to Nepal, Darjeeling, Sikkim, Bhutan and Arunachal Pradesh. The Monpas, in an overwhelming majority in Tawang, not only follow Tibetan Buddhism but also have close historic ties to Tibet. Keeping this in view, Beijing describes Tawang as "southern Tibet".
Like elsewhere in the world, the Dalai Lama has been drawing thousands of Buddhists from within and outside India during his tour. Be it Tawang, Bomdi-la or Dirang, people have turned up with their entire families to hear his discourses. "We'll follow him wherever he goes. We'll go to Tibet only if he goes there," said Yeshe Jamyang (77), who had fled Lhasa along with the Dalai Lama in 1959 and later served in a special force of Tibetans raised by India that saw action in the Bangladesh War. The Dalai Lama had spent 10 days at Bomdi-la during his escape from Tibet. 
Hu Promises Focus on Domestic Demand
Iran Unhappy with 'Russian Friends'
Thursday, November 12, 2009
China, Taiwan Poised for Financial Cooperation
The Case for Peak Gold
Yuan Expected to Rise Soon
Lula Defends Iranian Hitler
Brazil's President justified the scheduled visit of Iran's president to his country in two weeks.
President Luis Inacio Lula da Silva rejected criticism over the upcoming visit of Mahmoud Ahmadinejad, slated for Nov. 23.
"You don't build the necessary peace in the Middle East if you don't talk to all the political and religious forces that both want peace and are opposed to peace", Lula told journalists Wednesday during a joint press conference with Israel's President Shimon Peres in Brasilia.
Peres has had a weeklong agenda in Brazil, which includes meetings with government officials and businessmen. Peres also gave a historic speech in Brazil's Congress about the political, economical and cultural ties between Israel and Brazil.
"I don't want to discuss Iran here on Brazilian soil. But I can't ignore the fact that their government is developing nuclear weapons and wants to destroy Israel," Peres said.
The first Israeli president to visit Brazil in 40 years, Peres was granted the title of honorary citizen of Brasilia, Brazil's capital.
Between Peres' and Ahmadinejad's visits, President Lula will welcome Palestinian Authority President Mahmoud Abbas on Nov. 20.
-JTA
Friday, 13 November 2009
Read all about the obscene/insane decision--here.
China will "vigorously boost' domestic demand, says Hu Jintao. Click here for the report.
Iran wants Russia, which is under Western pressure to support new sanctions on the Islamist nation, to live up to its end of a missile defense deal. Click here for the story.
China and Taiwan are ready to sign a financial cooperation agreement, another sign of improved relations between Beijing and Taipei. Click here for the story.
A Canadian mining giant says gold production peaked in 2000, implying that the roaring bull market in the precious metal is going to continue for some years. Click here for the story.
China's currency is likely to soon rise in value relative to the dollar, as reported here.
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