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

To: TobagoJack who wrote (17116)	4/15/2007 12:43:09 AM
From: elmatador	Read Replies (1) \| Respond to of 217825

See what happen if China buys gold: The money will go to the gold owners. It will benefit only the central banks that hold the gold right now. It will be simply a transfer of money from China to Central banks gold holders. As you know the finance industry dominates the developed economies. They need that money as inputs to their industry, thus the money should not flow into central bankers' coffers. China money must go where they get a return and snowballs. As the British emprire fianced the US, Canada and MQ's New Zealand and Brazil first power stations and the railways to transport coffee, China should be right now, digging harbors, channels, building roads in Brazil. "...Brazil these days. It is bursting with the commodities coveted by the rising economies of Asia, from soya to iron ore. No other country is better placed to cash in on the global craze for biofuels..." The Victorian majesty of berthed ships gives no hint of the difficulties the cargo must overcome on its way to and from Santos, which handles 27% of Brazil's international trade. For soya these can start in the field, where scarce storage sometimes forces growers to dispatch it to port regardless of price. Then it faces a bumpy journey on potholed roads (80% of the cargo arrives in Santos by lorry rather than by rail). Privatisation of the terminals and better traffic management have boosted the port's efficiency, but ships must still await high tide to clear the channel, which is 2m (over six feet) shallower than it should be. The state environment regulator is withholding permission to deepen it. Transport costs consume nearly 13% of Brazil's GDP, five percentage points more than in the United States, according to Paulo Fleury of COPPEAD, a business school in Rio de Janeiro. And that is only a small part of the burden that businessmen refer to despairingly as custo Brasil (the cost of Brazil). economist.com China has its mines and its farm in Brazil. It should go there and invest else someone elase does!!