Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Gold Hits Record Prices, Economists Predictions Correct.
November 12, 2009
gold and the south african market | www.investmentsforlife.co.za
When we started reading about the economists writing analysis about the Gold prices reaching $1.500 even to $3.000 a fine ounce everyone thought, this will be impossible. However they also predicted that the Gold price will reach $1.100 a fine ounce before December 2009. Were they wrong? As of late in this week, we have seen the Gold price reach $1.100 and today Thursday 12 November Gold is Trading at $1.120 a fine ounce.
JAL Downgraded on Transport Minister Comments
October 31, 2009
R&I Cuts JAL's Credit Rating 3 Notches On Turnaround Concerns | www.nni.nikkei.co.jp
Domestic rating agency R&I downgraded the corporate credit rating for Japan Airlines Corporation to CCC junk grade amid reports that Transport Minister Hon. Seiji Maehara may seek special legislation designating the company as "effectively bankrupt" in order to reduce pension payouts, underscoring the threat that unrealistic and inconsistent political directives pose to nation's flagship carrier.
October 20, 2009
Brazilian Stocks, Currency Tumble on Tax on Foreign Purchases | www.bloomberg.com
The enactment today of the 2% financial tax on incoming foreign portfolio purchases shows the stone age mentality of the financial ministry.
JAL Rehabilitation May Require Massive Injection of Public Funds
October 19, 2009
JAL Task Force To Maintain, Expedite Draft Rehab Plan In October | www.nni.nikkei.co.jp
Nikkei reports that four main creditors of Japan Airlines Corporation (JAL) soundly rejected the latest rehabilitation plan crafted by top management of the now defunct Industrial Revitalization Corporation of Japan (IRCJ), suggesting the need for a massive injection of public funds in the JPY 500 billion to JPY 1 trillion range.
Why Did Gold break up to lord levels above $1,050?
October 9, 2009
The demise of the dollar | www.independent.co.uk
The clouds of uncertainty are darkening above the global monetary scene. As we see this the world is not waiting for the fact, the rumor was sufficient to prompt the breakout.The gold market is not being driven by traditional buyers and sellers. With gold as an alternative to uncertain currencies valued by all, from central banks down through institutions to individuals, investment demand is bringing gold back to where it was in the 1970's.
The article is reflects the opinion of a horse coach builder on Motor cars
October 6, 2009
Climate Change: How to Invest for the Possibility | seekingalpha.com
Mature industries and their opinion leaders tend to become ignorant against facts after being conservative. This has happened all the times and is happening again when paradigms shift.the climate change is not just a Hollywood hillbilly, but is only not agreed by the international science community as absolutely certain and manmade because of political influence of governments trying to win time.The various needs and investment fields the author names are all interconnected and depend on each other. for medium term decisions depend on the political decisions shaped over the next few years, but on the long run reality will take grip and markets are already coming into existence. Companies not preparing now will not be able to enter the by then mature markets and disappear as coach builders did and the US car industry does right now.
NAMA and equity raising at Bank of Ireland
October 1, 2009
Bank Of Ireland Confident on Capital | www.nytimes.com
Bank of Ireland may be able to raise internal capital following NAMA though says rights issue not required. Many variable market related factors and accounting assumptions must fall in their favor, while a Euro 1bn fresh equity requirement is more likely over a 3 year horizon. The Irish Government with its NAMA policy is giving the banks time in which to raise equity. BOI have just raised a €1bn unsecured bond which will be used pre 31 Dec 09 to repurchase Government held pref shares.
Pillars of the Bull Market Provide Weak Long Term Foundation
September 29, 2009
Stock market analysis | www.nbc-2.com
Two of the pillars of the recent bull market are that cash is waiting on the sidelines and the worst of the housing market is behind us. Unfortunately, neither of these arguments is based upon facts.
Stabilization is uneven and the recovery is expected to be sluggish
September 24, 2009
Contractionary Forces Receding But Weak Recovery Ahead | www.vimay-group.com
Economic growth during 2009–10 is now projected to be about ½ percentage points higher than projected in the April 2009 World Economic Outlook (WEO), reaching 2.5 percent in 2010. Financial conditions have improved more than expected, owing mainly to public intervention, and recent data suggest that the rate of decline in economic activity is moderating, although to varying degrees among regions. Despite these positive signs, the global recession is not over, and the recovery is still expected to be slow, as financial systems remain impaired, support from public policies will gradually diminish, and households in countries that suffered asset price busts will rebuild savings.
Brazil | The first Latin America Country out of Recession
September 24, 2009
LATIN AMERICAN MARKETS - Brazil Out Of Recession | www.vimay-group.com
Although Latin America is not immune to the effects of the global economic crisis, the region is likely to suffer a smaller output decline and recover sooner than the advanced economies because Latin American countries in the main have run sound fiscal and financial policies, the director of the IMF’s Western Hemisphere Department said.
Gold Hits Record Prices, Economists Predictions Correct.
November 12, 2009
NAMA and equity raising at Bank of Ireland
October 1, 2009
Gold in 2008, in 2009 and beyond.
September 21, 2009
Bank of Ireland's Capital Buffer Sufficient to Withstand Forecasted Bad Debts
September 19, 2009
Dollar destined to be second class currency in world's largest banana republic
September 1, 2009