SI
SI
discoversearch

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


To: RJA_ who wrote (29864)2/25/2008 3:23:16 AM
From: elmatador  Respond to of 217774
 
2 prime candidates for speculation: farmland and oil sands. It is easy to persuade people that farmland stopped being made long time ago. And it is from farland that food is taken.

Peak of cheap Oil shows that oil is only to be found at high cost at the depths of the ocean. Alternative is oild sands.



To: RJA_ who wrote (29864)2/25/2008 12:04:09 PM
From: elmatador  Respond to of 217774
 
17% of the US$ 28bn planned for 2008 entered in Jan. alone.
US$ 4,814bn, an increase of 98,8% compared with US$ 2,422bn on the same period of 2007. Data form the Central Bank this week.

``People are betting that the strong investment flows we've seen will continue,' said Thiago Guimaraes, a currency trader in Sao Paulo at BES Investimento do Brasil SA, the Brazilian unit of Lisbon-based Banco Espirito Santo de Investimento SA.

Brazil's Real Rises on Inflows, Matching Rally in December 2006

By Adriana Brasileiro

Feb. 25 (Bloomberg) -- Brazil's real rose for a sixth straight day, matching a rally in December 2006, on bets dollar flows into local markets will keep increasing.

``People are betting that the strong investment flows we've seen will continue,' said Thiago Guimaraes, a currency trader in Sao Paulo at BES Investimento do Brasil SA, the Brazilian unit of Lisbon-based Banco Espirito Santo de Investimento SA.

The real increased 0.1 percent to 1.7050 per dollar at 9:10 a.m. New York time, from 1.7074 on Feb. 22. It touched 1.6942 on Feb. 22, the strongest since May 1999. The currency appreciated 2.6 percent last week.

Speculation that foreign investors will buy into a share sale by Cia. Energetica de Sao Paulo, Brazil's third-biggest power generator, also boosted the currency, Guimaraes said. The real is the biggest gainer against the dollar in the past year among the world's most actively traded currencies.

The state of Sao Paulo, which owns Cesp, as the company is known, plans to raise at least 6.6 billion reais ($3.9 billion) with the sale of 41 percent of the company's total capital, a spokeswoman for the state of Sao Paulo said in an interview on Feb. 20. The auction is scheduled to be held March 26.

The yield on Brazil's zero-coupon bond due in January 2009 increased 1 basis point, or 0.01 percentage point, to 11.79 percent, according to Banco Votorantim SA.