Gold juniors about to be bought by gold majors
Goldcorp’s $238 million acquisition of gold junior Canplats last week is a reminder of the next phase of the gold price boom in which the largest gold companies will buy out the minnows of the…
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Can Murdoch really get readers to pay for news?
News Corporation’s boss Rupert Murdoch says he is going to make online readers pay for content from his newspaper stable. It already works for the Wall Street Journal apparently.
He is threatening to remove the…
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Gulf construction in crisis after real estate crash
The sudden termination of financial facilities and plunging value of property that has crashed real estate markets across the Gulf region is also very bad news for local contractors. Sites have been abandoned. Payments…
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Silver bug David Morgan explains the gold price surge
Premature commodities rally at risk of implosion
One of the big stories in the UK press last week was The Daily Mail scoop about the number of tankers parked off the British Isles, apparently waiting for oil prices to rise to cash…
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Is the market reversal already happening?
Market rallies do not always end with the trumpets sounding and horns blazing. A major reversal may look more like an oil tanker coming to a halt, and last week had most of the tell…
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Is UBS right about a 30% additional house price fall in Dubai?
Swiss bank UBS published a controversial report late last week which predicts an additional 30 per cent fall in Dubai house prices over the next 18 months, down to 70 per cent of peak…
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Jim Sinclair on the $1.50 euro battle ground
We are in a storm of verbal intervention where the US dollar is concerned.
Everything from statements that cannot be based on data such as the US dollar is “the mother of all carry trades,”…
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New boss for DIFC as Dubai hosts World Economic Forum
This weekend Dubai is hosting a plenary session for the World Economic Forum that sculpts the agenda for the famous Davos event. There has also been the announcement of a new governor for the Dubai…
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American military on guard at Dubai Air Show 2009
Actually the US military presence at the Dubai Air Show this year seemed rather less than in 2007 but the aircraft are always impressive, especially in the live displays. The French jets are a…
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