Tuesday, December 19, 2006

Tyranny not good for markets

Will the Voters in Iran do what the politicians in the US and Europe are failing to do and stand up to Tyranny? Meanwhile the current currency controls place on the Tai Bot by the New Tai government and Russia’s continued consolidation of power and re-nationalization of industries are a reminder of the dangers of emerging market investing. I am also looking at the emergence of stock piles of metals as signal of a speculative frenzy?

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