click here for audio
Saturday, September 12, 2009
Frontier Markets Offer Opportunities, Mobius Says
The least-developed nations may offer interesting opportunities for investors seeking “tomorrow’s emerging markets,” according to Templeton Asset Management Ltd.’s Mark Mobius.
Templeton has opened offices in Vietnam and Dubai in the last few years to take advantage of “exciting opportunities” in Southeast Asia’s Mekong River region and so-called frontier markets in the Middle East, Executive Chairman Mark Mobius said in a report. Slovenia, Romania, Croatia, Kazakhstan and Ukraine are also starting to show promise, he added.
“Frontier markets are looking interesting and could become tomorrow’s emerging markets,” Singapore-based Mobius wrote in the report, which was posted on Templeton’s Web site today. (more)
13 Reasons for Major Gold Breakout
Before the Hat Trick Letter was launched, a little splash was made when a Jackass Nobody wrote "25 Reasons Why Gold Will Rise" in November 2002. It was so many years ago that the piece no longer appears in archives. [Editor's note, that article is here] The motive for the article was simple. Just too much pure nonsense and genuine rubbish had appeared in the financial press about why gold was rising. 'THEY' claimed the gold price was rising from MidEast tensions, from new global tensions due to a False Flag attack on New York City in broad daylight, and from other factors clearly irrelevant to gold. It was not disinformation so much as stark ignorance and stupidity, perhaps even compromised marketing from the fiat bowels on Wall Street. The crack analysts in financial circles overlooked the negative real interest rates offered by central banks, as the miniscule official rates were overwhelmed by price inflation, thus rendering gold a free pass profitable investment. Stupid inane mindless drivel continues to pour out today as to why gold has reached the $1000 level. In simple English, THEY HAVE ABSOLUTELY NO IDEA WHY GOLD IS RISING. The faceless 'THEY' had no idea in 2002 and 'THEY' have no idea now. The main fallback factor 'THEY' turn to is a hedge against price inflation, the basic kindergarten concept. The Wall Street machine still uses mental crayons, as nothing has changed. They are too busy building leveraged contraptions and forging collusions. Those who are aware in the Mainstream are dead silent as to why gold rises, since they realize their world is to vanish. (more)
Subscribe to:
Posts (Atom)