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Monday, April 25, 2011

Gold Rush or Dollar Hold Up

Much has been said about the current gold rush. Unlike the one in California, 21st century 49ers can be found in any corner of the world.

According to in the last 52 weeks (April 25th, 2010 - 2011), gold has risen 32.67%. A nice return for an American investors, however, for a Swiss investor this is not quite true. Gold has risen a mere 8.84% indicating a 23.83% loss of value from the USD. 

As you can see from the table below is a combination between a rush and a hold up!

Gold Price Change April 25th 2010 - 2011 in local currency
Gold Rush 8.84% 14.68% 15.76% 23.52% 26.30%
USD Hold Up 23.83% 17.99% 16.91% 9.15% 6.37%

Tuesday, April 12, 2011

Got MILA ?

Later this month the integration of the stock markets of Chile, Peru and Colombia will begin.
What does this mean?  A new trans-national stock market is created; MILA (Mercado Integrado Latinoamericano). Investors from these countries will be able to freely invest in each other.
How big of a deal is it? Well it will have 564 companies listed in it. Compare that to 406 in Mexico or 386 in Brazil

There is even talks about inviting Mexico to participate.

What do you think?  Got MILA now?