Can China’s Miracle Keep the West Afloat?
August 2, 2010 by script2see · Leave a Comment
By Rick Ackerman, Rick’s Picks The response to Mario Cavolo’s glowing take on China and the global economy was eye-opening, to say the least. It’s not hard to understand why someone who lives and works in China, as Mario does, might believe that the country’s economic prospects are so spectacular as to all but preclude the [...]
Gold, Oil, China, and ‘The Bubble Bubble’
May 20, 2010 by goldguru · Leave a Comment
Chris Lanese submits: It seems these days whenever something doubles in value (whether a commodity, stock, real estate, or country) it is immediately labeled a “bubble.” What an economic bubble is supposed to imply is that current fundamentals of a thing do not warrant its current price or continuing price appreciation. To take a simple [...]
China, the gorilla in the Third Gold War
May 4, 2010 by goldguru · Leave a Comment
8:19p ET Tuesday, May 4, 2010 Dear Friend of GATA and Gold: MineWeb’s Lawrence Williams tonight describes a fascinating new issue of Paul Mylchreest’s occasional financial letter, the Thunder Road Report, which explains what Mylchreest calls the “Third Gold War.” Williams reports: “Mylchreest reckons we are now in the ‘Third Gold War’ since the Second [...]
China, Inc.
January 19, 2010 by goldguru · Leave a Comment
By Gary Tanashian, GoldSeek As a US manufacturing person, I have been aware of and had to deal with globalization from day one. First it was Japan, with its revolutionary efficiency, automation and constantly improving quality. There was no use fighting it or complaining about it. The only options were innovate, automate or die. We [...]
Ambrose Evans-Pritchard: China, gold, and the civilization shift
November 27, 2009 by goldguru · Leave a Comment
By Ambrose Evans-Pritchard, The Telegraph Stephen Jen from the hedge fund Blue Gold Capital has a warning for those who think that gold has risen far too high, is necessarily in a speculative bubble, and must soon come clattering back down. Mr Jen is an expert on sovereign wealth funds from his days at Morgan Stanley. [...]
‘World’s oldest gold mine’ uncovered in Georgia
October 30, 2009 by goldguru · Leave a Comment
Experts have claimed to have found the oldest gold mine in the world. Located 46 metres below ground level, the mine was first found by archaeologists near the Georgian capital of Tbilisi in 2005, China Central Television reports.The news feeds on this site are independently provided by Adfero Limited © and do not represent the [...]
Gold to Rise to $2,000 Amid ‘Massive’ Inflation, Superfund Says
October 29, 2009 by goldguru · Leave a Comment
By Kim Kyoungwha Oct. 28 (Bloomberg) — Gold may rise to a record $2,000 an ounce in the next three years as investors hedge against “massive” inflation sparked by governments printing money, according to Superfund Financial Singapore Pte’s Aaron Smith. “In the next few years, after the deflation cycle, we’ll see massive inflation,” Managing Director [...]
China Investment Corp to invest $700m in second Mongolian mining deal this week
October 29, 2009 by goldguru · Leave a Comment
The deal, with Hopu-backed Iron Mining, represents the Sovereign Wealth Fund’s determination to move from financials into mining. Read more….
Chinese visit signals thaw in relations with Australia
October 29, 2009 by goldguru · Leave a Comment
The mood was boosted by a glowing editorial in one of China’s most popular newspapers Read more….
China’s appetite for African minerals unabated – Report
October 28, 2009 by goldguru · Leave a Comment
According to the superpower direct investment into Africa by China rose 78% Read more….
