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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (88093)	7/26/2007 3:45:00 AM
From: Salt'n'Peppa	Respond to of 206322

So much for a global slow-down...IMF report. Oil, gold, base metals should continue their torrid pace, despite recent moves. busrep.co.za China set to drive 5.2% global growth, says IMF July 26, 2007 The International Monetary Fund (IMF) yesterday raised its forecasts for world economic growth to 5.2 percent for this year and next, and said China was poised to become its most powerful driver. The IMF added 0.3 percentage point to its growth forecast of 4.9 percent for both years in its World Economic Outlook, which it published in April. "The global economy continued to expand at a brisk pace in the first half of 2007. The major upward revisions have been for emerging market and developing countries, with growth projections substantially marked up for China, India and Russia," the IMF said. China was expected to grow 11.2 percent this year, up from the 10 percent forecast in April. The US growth outlook was cut to 2 percent from 2.2 percent. - Sapa-AFP