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: elmatador who wrote (56771)10/22/2009 12:46:47 PM
From: Haim R. Branisteanu  Respond to of 217981
 
Australia set for decades-long mining boom: official
By Amy Coopes (AFP) – 10 hours ago

SYDNEY — Australia could be set for a decades-long commodities boom fuelled by rocketing demand from China and India, a senior official said in the country's latest upbeat economic assessment.

Treasury secretary Ken Henry also said a return to full employment was a "conceivable possibility" in the coming years, with major export partners showing unexpected resilience despite the global downturn.

"It now appears the impact of the global financial crisis on the Chinese economy and the Indian economy hasn't been nearly as large as many feared," Henry told a Senate hearing late Wednesday.

google.com



To: elmatador who wrote (56771)10/22/2009 8:31:52 PM
From: TobagoJack  Respond to of 217981
 
<<dollar is now only around 7% above its lowest point since 1971>>

not to worry, salvation is easily accessible fxstreet.com

"... "For the next five years, China will still be a net importer," she said.

Gold demand was boosted in 2008 by the spectacular collapse of the Shanghai stock market, which tumbled more than 60% over the year, she said.

"Some of that money went into gold," Lu said, noting that one of her high net worth clients had bought 3 tons of gold late in 2008, worth over $100 million at current prices, in order to preserve capital ... "


... and very astute by simple path.