Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Cogito Ergo Sum who wrote (31867)	2/4/2007 5:23:38 PM
From: koan	Read Replies (1) \| Respond to of 78426

I am thinking of going to China myself this year. The China expert on the Charlie Rose program said 7 of the 10 most polluted cities on earth are in China. But yes, I agree China is very proactive which is why I think they will need ever increasing amounts of raw materials. They have more money now than ever, a trillion dollars in foreign reserves, so why would anyone think they would build less in the future. The last 10 years they have been building the financial infrastructure, so now they can build even better. They will build more, as they have a greater monetary ability and are rebuilding their entire country all at once. But the same is true in Russia with all of their oil and gas money, Brazil, Eastern Europe is smoking, they are adjacent to the western success and working to play catch up. India, is the computer center of the world in a sense and their GDP only lags china's by a bit. If you look at the GDP of the world all of the 5% plus growth is in 3rd world countries and eastern europe. Source the Economist.

To: Cogito Ergo Sum who wrote (31867)	2/4/2007 5:54:06 PM
From: LoneClone	Respond to of 78426

Aladdin see post 31872. LC

To: Cogito Ergo Sum who wrote (31867)	2/5/2007 2:47:16 AM
From: PaulRLess	Read Replies (1) \| Respond to of 78426

I was in China for 5 weeks in 2003. We were fortunate to have a friend from Winnipeg who had been working there for 6 years, married a Chinese woman & loved the country. We never went north of Shanghai which was very polluted from coal burning often a haze that left visibility about 1/2 a mile. We mostly went south along the coast to Hong Kong & then back. We were able to stay with Tracy's family (our friends wife) everywhere we went & were able to get a real feel for the life of the people. They are very entrepreneurial. Those in the country are usually extremely poor. Most at that time felt very optomistic as the changes pointed out to us were mind boggling. When they do something the pace and amount is incredible ( eg. a 100 mile 4 lane concrete highway constructed in 12 weeks including overpasses & landscaping). The central government does not have a huge amount of control at the local level. The local officials tend to be very corrupt & will approve anything that makes them money. Often something that is the opposite of central government policy. Definately a facinating & very friendly people. The scale of development dwarfs anything I could have imagined without seeing it. With India also growing rapidly I cann't see how a base metal boom can nnot happen.

To: Cogito Ergo Sum who wrote (31867)	2/5/2007 2:50:20 AM
From: PaulRLess	Read Replies (1) \| Respond to of 78426

I was in China for 5 weeks in 2003. We were fortunate to have a friend from Winnipeg who had been working there for 6 years, married a Chinese woman & loved the country. We never went north of Shanghai which was very polluted from coal burning often a haze that left visibility about 1/2 a mile. We mostly went south along the coast to Hong Kong & then back. We were able to stay with Tracy's family (our friends wife) everywhere we went & were able to get a real feel for the life of the people. They are very entrepreneurial. Those in the country are usually extremely poor. Most at that time felt very optimistic as the changes pointed out to us were mind boggling. When they do something the pace and amount is incredible ( eg. a 100 mile 4 lane concrete highway constructed in 12 weeks including overpasses & landscaping). The central government does not have a huge amount of control at the local level. The local officials tend to be very corrupt & will approve anything that makes them money. Often something that is the opposite of central government policy. Definitely a fascinating & very friendly people. The scale of development dwarfs anything I could have imagined without seeing it. With India also growing rapidly I can not see how a base metal boom can fail to happen.