Not even waving a cold beer can trick the Mogambo Guru into leaving his bunker where he hides from the financial disaster to come. With the Fed and the Treasury collaborating to flood the world with more credit the Mogambo Guru takes another route and recommends to buy all commodities. He easily can, never having repaid those countless fivers he borrows f


Source - http://prudentinvestor.blogspot.com/2006/03/mogambo-guru-is-horrified-by-debt.ht...

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Russia's deal with China to build two natural gas pipelines within 5 years sends shivers through Europe. According to a report in ChinaDaily, the pipelines, originating in Siberia and Russia, will have an annual capacity of up to 80 billion cubic metres and cost $10 billion.

...read more

Source - http://prudentinvestor.blogspot.com/2006/03/russias-china-gas-deal-it-may-get-co...

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When in doubt, wait for the next set of data. Federal Reserve chairman Ben Bernanke will face an uphill struggle if he wants to establish a hawkish reputation. Attributing the inverted yield curve to lower term premiums that would reflect stable long-term investors' expectations and helped further by the global savings glut, Bernanke turned conventional w


Source - http://prudentinvestor.blogspot.com/2006/03/bernanke-rather-to-err-on-easy-money...

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Now this is a highly entertaining - and thought-provoking - piece of news. China will build a theme park on gold at a cost of 20 million Euros. ABC has this AFP report:

Gold-hungry China plans to open what it has billed the world's first theme pa

...read more

Source - http://prudentinvestor.blogspot.com/2006/03/those-good-ole-communists-build-them...

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