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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (15842)	7/11/2006 12:38:11 PM
From: John McCarthy	Read Replies (1) \| Respond to of 78419

Just throwing this out here as it bumped up in my lurking ...... EDIT >>>>>>>>>>>>>>>>>> Letter from the CEO It's not news that the world's commodities markets have seen a dramatic upswing in recent months, with gold climbing past $700 an ounce, and oil and copper hitting all-time price highs. But what may be news to many is the story behind this energized market. To understand what's driving commodities, we have to go back to just before the end of the last millennium and examine an event whose significance was not fully appreciated at the time. Earth's population reached 6 billion people in October 1999, more than double what it was in 1960. Here's another way of looking at the rapid pace of human population growth - it took from the dawn of time until 1927 to get to 2 billion people, and less than 75 years for that number to triple. And in the past six years or so, we've grown halfway to the 7 billion mark. Six billion is more than just another round number. It also represents a "tipping point" for commodities demand accelerated by advances in technology and economic globalization. Where do all of these people live? China and India together have 2.4 billion residents, nearly 40 percent of the globe's total. Another 800 million live in Russia, Mexico, Brazil, Indonesia and Pakistan. What do these seven countries have in common? They are all emerging nations whose economies have been growing faster than those of the developed world. Collectively we call these countries the Emerging 7, or E-7. China's government recently reported that its GDP grew at a 10-percent clip in the first quarter of 2006, and India's economy is expected to expand almost 9 percent this year. Nearly all of the E-7 countries - and many more in the emerging world - have projected 2006 growth rates surpassing that of the United States and the rest of the G-7. That growth can be seen in ambitious construction projects in these nations. China plans to build 14 express highways, six railways and a dozen new seaport facilities before 2010. India invests 3.5 percent of its GDP on power plants, roads and other infrastructure and the government there is financing "industrial townships" to promote more manufacturing. Even Bangladesh, one of the world's poorest countries, is building hundreds of miles of highways, as well as schools, water systems and the like. >>>>>>>>>>>>>>> MORE usfunds.com EDIT originally posted by Chispas here Message 22613030 regards, John

To: koan who wrote (15842)	7/11/2006 12:53:02 PM
From: E. Charters	Read Replies (1) \| Respond to of 78419

Right now in general India builds better quality than China for common goods. Textiles and personal items are a made to a good standard quit similar to North American craftsmanship or European some 40 to 60 years ago. An Indian car is to be preferred over a Chinese vehicle. Indian vehicles are being built to Euro 3 standards by Tata motors. Costs are quite low. Shipping and market penetration is nil into NA. Still China is an economic powerhouse compared to India. Their foreign exchange dwarfs India, their trade as well. Salaries are double that of India. Military is many time stronger. Technical research much more advanced. China is building cities and people are moving to them rapidly. They are becoming the largest consumer of energy and raw materials in the world. India is a way behind in all these areas. India builds a few subdivisions, albeit of massive dimensions compared to NA, but very tiny compared to the Chinese infrastructure project. China is a forest of building cranes everywhere you go, a mass of smog in every city. You don't see that in India. Chinese business is growing in every sector every day. Give an Indian businessman a grant and like the Russian, he will try to find a way to get it out of the country. One comparison I will allow is that Indian affairs are just as corrupt as China, perhaps they have the edge there. Their movie business is just as corrupt as Hollywood. EC<:-}