| Diamonds Forever
Lately, we�ve been talking much about the weakening dollar, increasing oil, strong gold and precious metals; and nobody mentioned diamonds. Diamonds and other gems in times of deteriorating economy usually act just like precious metals, i.e. tend to ...
How Soon Will the Auto Industry Revive?
With sinking sales to job cuts by the thousands, it�s no great exaggeration to say that the American industry is in dire straits. The DJ US Automobile Index has declined by more than 21 percent in recent months (See the chart below).
Investing in Russia: An Optimistic Scenario
As the recession in the United States deepens, the growth of the world economy, which heavily depends on this country, shows signs of slowing. It seems like 2008 is not going to be a year of great global achievements. However, a small number of count...
Investing in land for the most part has always been a great business. You buy a piece of land for $20,000 and re-sell it for $40,000 a couple of months later. Sounds like a great deal, doesn't it? If it does, then why shouldn�t you diversify your po...
Investing in Chile
What comes to your mind when you hear the word Chile? Probably not much, right? I bet you think of beautiful beaches, women and the annual Rio de Janeiro carnival when it comes to Brazil. Peru associates with mysteries from the long lost past. Argen...
Tourism Sector Will Stand the Recession
Many articles like 10 Ways to Save a Grand in One Year or 4 Ways to Spend Less advise Americans to cut their costs as much as possible (although the logic suggests that the less we spend, the deeper the recession is). Certainly, many families will ha...
Is Offshore Good or Bad?
The Princedom of Liechtenstein, a small country located between Switzerland and Austria, is one of those magical places dreamed up by novelists. Not only is it a great vacation resort but also one of the few places in the world that offer financial s...
Sovereign Wealth Funds: Managing the Wealth
Although sovereign wealth funds (SWFs) have been around for over 50 years, 2007 turned out to be a year of their great significance. The most recent financial crisis of the U.S. biggest financial institutions shed light on SWFs, revealing their exce...
Every country�s currency is backed by a country�s gold reserves. The exchange rate is determined by economic and political situation, but its major price factor still lies in the volume of gold a country possesses. In 1938 the USA had 13,000 tons in...
African Markets are Alternative for Emerging Ones
What comes to your mind when you think of Africa? Poverty and civil war? And how about investment? Yes, you can invest in Africa.
The number of African counties with growing economies is increasing. John Orford, South Africa-based strategist at...