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

To: TobagoJack who wrote (87771)	3/7/2012 1:30:21 AM
From: carranza2	Read Replies (1) \| Respond to of 217693

Zh on au and ag volatility...........significant volatility will be the norm as the mania stage approaches. Recent volatility will be like playing tiddlywinks. zerohedge.com

To: TobagoJack who wrote (87771)	3/7/2012 3:41:53 PM
From: average joe	Respond to of 217693

Mexico's Carlos Slim world's richest for 3rd year: Forbes Postmedia NewsMarch 7, 2012 2:02 PM Mexican tycoon Carlos Slim speaks during the opening of the Soumaya museum in Mexico City in this March 1, 2011, file photo. Slim is number one on the 2012 Forbes Billionaire list released March 7, 2012. Photograph by: Henry Romero , Reuters WASHINGTON - Mexico telecoms czar Carlos Slim topped the Forbes annual world's richest list Wednesday, sporting a $69 billion fortune that while down from last year still outpaced the runner-up, Microsoft founder Bill Gates. Forbes said 1,226 tycoons made it onto its global list of billionaires this year, but Slim held onto the top spot for the third straight year, with $7 billion more than Gates. In the third spot was U.S. investment guru Warren Buffet, worth $44 billion; followed by France's luxury king Bernard Arnault, $41 billion; and a newcomer to the top five, Spain's Amancio Ortega, the owner of the Zara fashion chain, whose net worth surged by $6.5 billion to $37.5 billion despite Europe's financial straits. Despite the sluggish world economy, Forbes said, the billionaires' list grew: there were 128 newcomers while 117 dropped off, with an average net worth of $3.7 billion, unchanged from last year. Larry Ellison of U.S. software giant Oracle, Brazilian mining tycoon Eike Batista, H&M owner Stefan Persson of Sweden, Hong Kong's Li Ka-shing and Germany's Karl Albrecht, who owns the Aldi supermarket chain, filled out the top 10. The U.S. was still the global center of wealth, with 425 billionaires on the list. American billionaires dominate the top 20, with the two Koch Brothers and four members of the Walton family that owns Wal-Mart listed, as well as Las Vegas Sands casino owner Sheldon Adelson and New York mayor Michael Bloomberg. But Russia and China outpaced the other old industrial powers in terms of concentrated wealth. There were 96 Russians on the list, led by steel and telecoms investor Alisher Usmanov, number 28 overall with $18.1 billion; and 95 Chinese, led by Robin Li, who as the head of the country's huge web service and search firm Baidu has earned himself a $10.2 billion fortune. Behind them were 55 Germans, 48 Indians, 37 British, 37 from Hong Kong, 36 Brazilians, 25 in Canada, and 24 billionaires each from Taiwan and Japan. In an interview Slim, 72, who controls the regionwide America Movil cellular network, denied his alleged monopolistic power in telecoms networks. "That's what competitors say, but if that were true, they would take the market from us," he told Forbes. "The customers are not fools." http://www.montrealgazette.com/news/world/Mexico+Carlos+Slim+world+richest+year+Forbes/6265659/story.html#ixzz1oSw7xdgx