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Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China


Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]

Gold futures rise, set to break a two-session losing streak


Gold futures climbed Friday, ready to recoup about half of the nearly $9 an ounce they lost over the prior two trading sessions and log a gain for the week.
Growing concerns over terrorist activity and strength in oil prices boosted the metal’s appeal as an investment hedge, eclipsing mixed trading in the U.S. dollar.
“The combination [...]

Africa’s new colonialists?


When China signed trade deals worth $1.9bn with African countries last November, without any conditions on reforms and human rights, a German development official warned Africans they risked becoming Chinese subjects.
“Our African partners really have to watch out that they will not be facing a new process of colonisation,” Karin Kortmann, Parliamentary State Secretary at [...]

OPEC ministers say may hold off on oil cuts for now


OPEC appeared willing on Wednesday to pull back from immediate oil output cuts, responding to consumer nation calls to hold off until winter has passed to guard against price spikes that would hurt the world economy.
OPEC, which produces over a third of the world’s oil, will hold talks on Thursday to decide whether to curb [...]