$150 oil will shock markets warns Jim Rogers as Egypt boils
The commodities bull market has many years to go and oil is heading past $150-a-barrel warns legendary investor Jim Rogers who caught the commodities bull a few months early in 1999. Own real assets, not…
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Dubai share prices slump as Egyptian revolution threatens Emaar
Dubai’s leading property developer Emaar saw its shares tumble almost 10 per cent today as the largest foreign property investor in Egypt, where mobs are in control of the streets amid calls for the resignation…
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Davos the summit of Wall Street’s greatest ever pump and dump
Just as the $22 million party held for the opening of the Atlantis Hotel on the Palm Island in September 2008 signaled the end of the Dubai property boom so too the World Economic Forum…
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Dinner at the world’s newest Ritz
Having dinner at one of the world’s great hotels is always bound to be an occasion. But dining at the newest Ritz-Carlton property in the heart of the Dubai International Financial Centre is quite an…
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Egyptian crisis brings a swift end to the gold and silver correction
Gold and silver prices bounced back suddenly as the news from Egypt grew worse with riots on the street morphing into mass rallies for reform, and the dismissal of the government by the president who…
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Revolution in Egypt and poor US data herald a Black Monday for stocks
The eruption of widespread protests to overthrow the regime in Egypt and several weaker than expected US economic numbers brought stock markets down the most since November yesterday with emerging markets falling furthest. Gold, silver,…
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Niall Ferguson on lessons for the Great Repression
We are in denial and papering over the problem. This is the Great Repression, says Professor Niall Ferguson, the greatest historian of modern times.
His historical perspective is invaluable as nothing is ever different this…
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Dubai airport still growing faster than Abu Dhabi but overcapacity looms
Dubai International Airport continued to grow faster than Abu Dhabi’s airport last year, handling 15 per cent more passengers against a 12 per cent rise for the UAE capital’s airport, and in absolute terms Dubai’s…
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Investors slow to react to unrest in the Arab World
Investors have been relatively slow to react to the growing unrest in the Arab World with the toppling of the Tunisian regime and now riots in Egypt demanding the overthrow of the old guard.
Even…
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Marc Faber thinks the crack-up boom is not sustainable, gold going lower
Back from his winter holiday in Switzerland Dr Marc Faber is in outrageously good form, lambasting the global leaders meeting in Davos, and predicting an end to a crack-up boom in the S&P 500, although…
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