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

To: TobagoJack who wrote (25872)	11/30/2007 9:27:14 AM
From: elmatador	Respond to of 217542

China, Brazil hold first strategic dialogue. The two sides agreed that both China and Brazil are the developing and major powers of the world, and the strategic dialogue will promote mutual understanding and the bilateral ties and play an important role in enhancing south-south cooperation and peace and prosperity of the world. China, Brazil hold first strategic dialogue. www.chinaview.cn 2007-11-30 20:57:10 BEIJING, Nov. 30 (Xinhua) -- China and Brazil hold the first strategic dialogue on Nov. 29, according to the sources with the Chinese Foreign Ministry on Friday. Chinese Vice Foreign Minister Li Jinzhang and his Brazilian counterpart Roberto Jaguaribe Gomes de Mattos presided over the dialogue. The two sides agreed that both China and Brazil are the developing and major powers of the world, and the strategic dialogue will promote mutual understanding and the bilateral ties and play an important role in enhancing south-south cooperation and peace and prosperity of the world. They said the dialogue is fruitful, and the two sides will realize the agreement of the leaders of the two countries to push forward the long-term, healthy and stable strategic partnership between the two countries. The two sides also exchanged views on major international and regional issues. Chinese Foreign Minister Yang Jiechi met with Brazilian Deputy Foreign Minister Roberto Jaguaribe Gomes de Mattos on Friday.

To: TobagoJack who wrote (25872)	11/30/2007 12:18:23 PM
From: elmatador	Read Replies (2) \| Respond to of 217542

Short gold in '08, Goldman says. Gold bugs have mostly had it all their own way this year, but that won't be the case next year, Goldman Sachs Group Inc. believes. In fact, the big brokerage firm recommends in its top 10 trades list for 2008 that investors short gold next year Short gold in '08, Goldman says ANGELA BARNES Globe and Mail Update November 29, 2007 at 3:03 PM EST Gold bugs have mostly had it all their own way this year, but that won't be the case next year, Goldman Sachs Group Inc. believes. In fact, the big brokerage firm recommends in its top 10 trades list for 2008 that investors short gold next year. Goldman had recommended investors go long gold in its top 10 trades list for 2006 and bullion went from around $500 (U.S.) an ounce to $650 at the end of that year. Bullion has continued to climb since. This year it rose from $636 at the beginning of the year to as high as $845 on Nov. 7 and is currently changing hands at aound $795 on the London Metal Exchange. But the 2008 top trades list, drawn up by Goldman's global markets team, suggests investors short gold priced in U.S. dollars in order to capitalize on a gradual relaxation of credit concerns in the financial sector over the coming months and as an avenue to benefit from the prospect of the U.S. dollar stabilizing. Bullion has been one of the main beneficiaries of the financial turmoil that began in August as investors sought alternative stores of value to the weakening U.S. dollar. (A short sale occurs when the seller borrows a stock, commodity or currency and sells it, expecting the price to fall. If it does, the seller buys it at the lower price to replace the commodity that was borrowed.) The team anticipates that the greenback, which had a tough time in 2007 against global currencies including the Canadian dollar and the euro, will find its footing next year as the U.S. Federal Reserve Board cuts interest rates and thereby lowers the risk of a recession, and the U.S. trade balance improves further. The team also makes its argument for shorting bullion on the basis of technical analysis. That, the team says, suggests that gold is topping out and that longer-term momentum indicators are turning lower. “We see scope for acceleration through $770 to re-test the $600-650 levels prevailing ahead of the summer,” the team said. The team also suggests investors short small capitalization stocks and go long large caps and opt for stocks from a variety of countries, given the risk of choosing stocks from just one country. Another of the top 10 trades for next year is to short 10-year Canadian bond futures and go instead for 10-year Swiss franc bond swaps as the rate differential between the two has gotten out of whack. A further one is to go short the British pound and long the Japanese yen to capitalize on the expected slowing of the British economy. “Sterling remains one of the most overvalued major currencies” in Goldman's trade-weighted valuation metric while the yen is comparatively cheap, the team said. “On top of this, the narrowing of interest rate differentials between Japan and other major industrialized countries, including the U.K., make Japanese yen funded carry trades less attractive,” the team added. reportonbusiness.com

To: TobagoJack who wrote (25872)	11/30/2007 10:45:31 PM
From: GoldBull no bug here	Read Replies (1) \| Respond to of 217542

history of the Turkey Lira from Wikipedia - "Chronic inflation from the late 1970s onward saw the Turkish lira sharply depreciate against other major currencies: 1966 — 1 U.S. dollar = 9 lira 1980 — 1 U.S. dollar = 90 lira 1988 — 1 U.S. dollar = 1,300 lira 1995 — 1 U.S. dollar = 45,000 lira 1996 — 1 U.S. dollar = 107,000 lira 2001 — 1 U.S. dollar = 1,650,000 lira 2004 — 1 U.S. dollar = 1,350,000 lira 2007 — 1 U.S. dollar = 1,260,000 (old) lira = 1.26 new lira In its last few years the Turkish lira stabilised and even rose against the U.S. dollar and the euro. The Guinness Book of Records ranked the lira as the world's least valuable currency. The lira had slid in value to such an extent that one original gold lira coin could be sold for approximately 120,000,000 lira prior to the 2005 revaluation."

To: TobagoJack who wrote (25872)	12/1/2007 5:34:00 AM
From: Arran Yuan	Read Replies (1) \| Respond to of 217542

P.S. Whatever is heading this way, we are not familiar with it, and so to stand still and greet it face to face close may be ill advised. Remember, lonely path is the right way, so as to survive, allowing fighting another day, when chaos will be a gift, crisis a partner, and volatility a friend. Mean time, the market will screw the greatest number in the harshest way at the most inconvenient time, and not even bother to step over the bodies. Jay, If you do not mind, I am going to file these words!? Be prudent in a strange place, and never play with anything one does not know in financial mine field. Always, only a few know the deepest and truest, the reason why there are few geniuses. Those control the markets makes trillions of US FRN$. This money has to come from somewhere. There are primarily two places that are retailers to be fleeced and 'official' bail outs. And the fleeced pays officials. Geeze, there is only one place to pay for trillions of bonuses anyway!