Thursday, June 17, 2010
Stock Exchanges Compete for Mongolia IPOs
While the increasingly impoverished United States talks about windmills and nonexistent energy alternatives, other countries are building, booming, exploring, digging, drilling, working, making things. No wonder China sees the U.S. as a dying (but still dangerous) hegemon; its leader, as an arrogant amateur.
EXTRA: EXPERTS SAY DRILLING MORATORIUM MAY DO MORE HARM THAN OIL SPILLWednesday, June 16, 2010
North Korea Planning New Provocations
A new Korean war is increasingly likely.Gold Rises on Weak Euro
China Confidential analysts predict the precious metal will rise to $2,000 an ounce before the end of this year. After that, the sky is the limit as once-unthinkable crises and catastrophes loom. $5,000-an-ounce gold is no longer a nutty notion. In fact, there are serious investors--not traditional gold bugs--who speculate openly about $20,000 an ounce. And they are not ridiculed. The global economic situation is that frightening.
In the meantime, demand for bullion is strong across Asia, as reported here.
Thursday, 17 June 2010
Click here to read all about the battle for IPOs from resource-rich Mongolia.
China Confidential analysts believe North Korea is planning a series of new provocations, including new nuclear and missile tests and an attack on South Korean forces.
$1,250 an ounce is the new barrier. Click here for the story.
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