New Secret Tax On Gold
Airtime: Wed. Jul. 21 2010 | 7:50 PM ET
Discussing whether there is a connection between gold and your health, with Stephen Moore, Wall Street Journal Editorial Board.
Airtime: Wed. Jul. 21 2010 | 7:50 PM ET
Discussing whether there is a connection between gold and your health, with Stephen Moore, Wall Street Journal Editorial Board.
Following the same path as Japan, China will face an inevitable collapse within the next decade or so, says George Friedman, CEO of Stratfor. He tells CNBC’s Martin Soong that a country’s growth rate doesn’t represent health.
West African-focused miner Randgold Resources reported a 79% jump in full-year profit, benefiting from high gold prices and record production. It plans to raise its full-year dividend by 30%. “It was a great year,” CEO Mark Bristow said Monday. “We strengthened our balance sheet through last year.”
On the back of reports Beijing has orderd banks to charge higher mortgage rates for first time home buyers, Richard Barkham, group research director at Grosvenor and Michael Kurtz, head of regional strategy at Macquarie Securities, discuss why the incentives to invest in Chinese real estate still remain strong.
Mohamed El-Erian, of Pimco, discusses the “new normal” and what’s next for the markets.
Insight on the global economy with Morgan Stanley Asia Chairman Stephen Roach.
“The euro is a very credible currency, a currency that has a track record of keeping its value (and) is a major asset for investors,” ECB President Jean-Claude Trichet told CNBC after the central bank left interest rates on hold Thursday.