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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (6176)5/8/2006 10:39:28 PM
From: Joe S Pack  Read Replies (1) | Respond to of 217588
 
BRIC nations surpass G-7 in forex, gold holdings
Friday, 05 May , 2006, 14:28

Tokyo: Brazil, Russia, India and China, referred to as BRIC group that currently manifests the world's highest economic growth rate, have surpassed G7 countries in their forex /gold holdings for the first time in history.

As of the end of March, the aggregate holdings of BRIC amounted to $1,292,200 million, according to estimates published on Thursday in Japan's leading economic newspaper, 'Nihon Keizai'.

As compared with the state of affairs in this respect as of the end of 2004, the forex/gold holdings of BRIC went up by 40 per cent. | Go to Sify Business Home page |

At the same time, the forex /gold reserves of G7 countries (Britain, Germany, Italy, Canada, the United States, France, and Japan) amounted to $1,253,900 million, said the paper.

At present, China accounts for 68 per cent of forex/gold reserves of BRIC countries. However, according to the estimates of Japanese experts, the growth of its forex/gold reserves has slowed down while those of Russia, India and Brazil now increase by more than 10 per cent a year. |Sebi comes down on IPO scamsters.Check out|

BRIC countries, the daily wrote, will continue to increase their influence on the world currency market while having a mounting impact on the rate of the US dollar, in particular.



To: TobagoJack who wrote (6176)5/9/2006 1:10:12 AM
From: energyplay  Read Replies (2) | Respond to of 217588
 
If you had not found SI, and found useful information, I expect you have kept looking until you found of similar benefit.

Listing sources which have been useful to me -

1) The Street.com
I started subscribing about 6 months after it started - I can't remember how I found it, other than a Red Herring cover. They have had a very diverse stable of writers, and considerable turn over in writters also. I got a wide education here. Still has some great prespectives. I also benefited enormously from Jim Cramer's indication of a top in March 2000. Yes I got out of 90% of tech that month, and started shorting (a few days late) in April. Covered too soon however. The Real Money subscription upgrade is worth trying for a few months.
It is still pretty useful to me.

2) Silicon Investor
It took me a while to find some of the better thread, for example , Crossy's thread. I expect there are more useful thread to be found.

Subject 14605

3) Minyanville.com
Started by Todd Harrison, who used to trade for Jim Cramer's hedge fund, and then wrote for The Street.com. This is a very hedge fund oriented thread, considerable obscure but market moving info.

4) Grant's Interest Rate Observer
An expensive newsletter ( $ 600) and they have two conferences per year. ($900, and in mid town New York) They have been pushing GUDD etc. for a long time. Tends to attract the views of perma Bears. The confernce is a little out of my league in the sophistication of some of the strategies and heavy weight investors. Odd to find the guy you were eating bagels with is a billionarie.
I am not subscribing currently.

5) The CWEI forum on Yahoo.
Robry's NG storage estimates, and other posters like denitiex, add value. Suffering from too many posts, some political and personal drift.

6) The TEI forum on Yahoo, now effectively defunct. Many posters have move to the Value Forum. I have subscribed value Forum, but I don't have enough time to read it.

7) Financial Times, Barron's, Forbes, Wall Street Journal, Investors Business Daily, Economist, Fortune. I have found the first three of these provide about 70% of the investment value, and the rest provide prespective but tend to be "nice to have" instead of essential.



To: TobagoJack who wrote (6176)5/9/2006 1:14:32 AM
From: energyplay  Read Replies (1) | Respond to of 217588
 
Re: Worried you aren't commited enough ?

I think controling risk profiles is important now, and will continue to be more important than maximing gains by running huge risks.