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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (36853)	8/1/2003 11:01:22 AM
From: RealMuLan	Read Replies (1) \| Respond to of 74559

China's second largest offshore gas field begins operation Beijing,Friday, August 01, 2003: China's second largest offshore gas field, Dongfang 1-1 today began supplying gas after three years of construction in South China's Hainan province, the state media reported today. The gas field, the first marine natural gas field independently developed by China, sends gas to some key industrial bases in the island province through a 256 km long pipeline. The state-run China National Offshore Oil Corporation (CNOOC) has invested a total of 393.97 million US dollars in the gas field, it said. Located in the sea, 113 kms from Dongfang city, the field covers 287.7 square kms of gas area with 99.68 billion cubic meters of reserves, the report said. (PTI) 14:30 IST ptinews.com

To: RealMuLan who wrote (36853)	8/2/2003 6:17:33 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Jay tells us they aren't making any more of that Aztec stuff but looky here: <China has grown to be the among the world's five biggest gold producing countries, with record output of 190 tonnes last year. Last October, Gold Fields formed a 50-50 joint venture in Shandong, China's largest gold producing province, with Australia-listed Sino Gold SGX.AX . Gold Fields, the world's fourth-largest gold producer, also owns a 10 percent stake in Sino Gold, which aims to triple annual output to 300,000 ounces in three years. "The principal reason for going in there was to get access to their exploration ground," Cockerill told a trio of journalists following the presentation. "Geologically speaking it's very prospective... There's a lot of gold there," he added. In addition, the work force is educated while costs are low.> They are producing more tons of G than QUALCOMM is producing tons of Q chips for that amazing CDMA2000 stuff which China is buying MUCH faster than gold. The Easter Island 'wealth' was based around big heads ringing the island to keep away the demons [and presumably to keep idle hands busy and minds not on revolution]. Aztec wealth is based around digging big holes, getting the gold out, building new holes called bank vaults and putting the gold in little boxes in those new, but much more fancy holes. The Easter Islanders had more sense than the modern Aztecs because at least they got fit doing it and had something interesting to look at when they'd finished. There is going to be great money to be made shorting gold when [if] the panicking crowds bid it to $1000 and 30Q. There's no need to hold gold, sitting at the top of a mountain, waiting for Armageddon, the Second Coming and TeoTwawki. One can be busy selling tons of CDMA chips and petapixels of phragmented photon cyberspace, waiting for the day. If it comes, then merely short a bank vault full of the stuff and wait for the gold mining culture to do the work as they boost production at mines by running 7/24, digging new ones, filtering the oceans for gold and recycling tailings. As gold production booms and demand drops with the introduction of the New NUN [NUN = the NewUnitedNations] currency, or Q currency, or New US$, gold will go into the biggest collapse ever, which will end any prospect of gold ever again being other than a dopey metal which just sits there, unreactive in a zen-like trance, waiting for some booby to come along and get excited about stasis. But, if TeoTwawki is a fizzer and nothing much happens and the wondrous new globalized and politically ordered NUN world order is created, cerfing on a global ocean of those magical CDMA2000 phragmented photons, one can enjoy the fun while the doomsters sit on top of the mountain clutching a few gold coins, holding an Aztec relic to the skies to ward off demons and hoping nobody is raiding their bank vault and wondering just WHEN the heck Comet Hale Bopp with the hidden space ship is going to cruise by bringing deliverance and wealth galore and the Aztecs' return to pre-eminence in the human menagerie. Back in the real world, we'll have got It up and running, we'll have genetically engineered ourselves by our bootstraps into a new species, and there'll be peace, light, harmony, happiness, health, prosperity, longevity, fun and love busting out all over. The Aztecs will be squabbling over their gold and beating their ploughshares and gold into swords in a self-limiting fratricidal zero-sum game going nowhere. While some Chinese are going for gold, others are joining the CDMA2000 world. We CDMA2000 westerners are writing China's history and those with the knows are joining the revolution, which is being funded by Uncle Al, propelled by Mighty Q, and defended by Uncle Sam. Mqurice PS: Thanks Yiwu for posting those China items. If people don't want them, they can skip past. China's the big story these days, so it's good to have information easily available and great to have Jay hunting around in the gizzards of it then reporting back on the lay of the land.