ThxPORTAL - My OnlinE InvestmenT ProgresS

Steelguru.com – Monday, 29 Jun 2009 Energy Intelligence reported that Chinese crude imports rose by 5.5% YoY to 4.04 million barrels per day in May with Iran becoming the largest supplier.As per report imports from Iran almost doubled to 730,000 barrels per day while imports from Saudi Arabia reached 653,000 barrels per day down by 15.5% YoY.Imports from Angola dropped 35.5% to 483,000 barrels per day, while volumes from Oman rose 70% to 319,000 barrels per day and imports from Kuwait almost tripled to 244,000 barrels per day.(Sourced...

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I often quote Richard Russell, the 85-year-old writer of the Dow Theory Letters, in my blog posts. Although I may not necessarily always agree with his views, they are always stimulating and important to consider when piecing together the financial puzzle. His article on competitive devaluations and the implications for fiat currencies and gold bullion makes for particularly interesting reading and the paragraphs below have been excerpted from it. “Every nation wants to export. The obsession to export has resulted in filling...

Here's the thing: All this time and energy spent on what the central bankers do or won't do, say or don't say -- is a complete waste. The Fed never has/never will possess the power to LEAD a recovery in stocks and the economy. At best, monetary policy follows the larger trend already in for...

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KUALA LUMPUR SEHAN SENGDOW JO...

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