From leg amputation to hip replacement surgery, 93-year-old screen dame Zsa Zsa Gabor has been knocking on Death’s Door since she was critically-injured in a fall in her Malibu home last July. But she is alive. Interestingly enough, the latter is a vital fact that somehow slipped the minds of the folks over at The [...]
Posts Tagged ‘gold’
Schumpeter: The tussle for talent
January 6th, 2011 |
No Comments
The best companies are obsessed by “the vital few”
PLATO believed that men are divided into three classes: gold, silver and bronze. Vilfredo Pareto, an Italian economist, argued that “the vital few” account for most progress. Such sentiments are taboo today in public life. Politicians talk of a “leadership class” or “the vital few” at their peril. Schools abhor picking winners. Universities welcome the masses: more people now teach at British ones than attended them in the 1950s.
In the private sector things could hardly be more different. The world’s best companies struggle relentlessly to find and keep the vital few. They offer them fat pay packets, extra training, powerful mentors and more challenging assignments. If anything, businesses are becoming more obsessed with ability. …
Is Gold – Or Fiat Currency – In a Bubble?
December 30th, 2010 |
No Comments
It is easy to argue that gold is in a bubble.But as I pointed out last month:Deutsche Bank’s head commodities researcher [Michael Lewis] wrote in September:Gold prices would need to surpass USD 1,455/oz to be considered extreme in real terms and hit …
Think Environmental up on gold miner stake
December 28th, 2010 |
No Comments
Shares of Think Environmental (THEC.SI), a Singapore-based firm that invests in and manages renewable energy businesses, rose as much as 2.9% today after it said it will acquire 70% of gold miner Mornington Offshore for US$35 million ($45.4 million).
At 10:22 a.m., Think Environmental shares were trading at $0.72 on a volume of 4 million shares.
Berlusconi buys 37 gold rings for his female MPs
December 18th, 2010 |
No Comments
Italian Prime Minister Silvio Berlusconi has bought 37 gold rings – one for each of his female MPs. The 74-year-old ordered the specially made 1,193-pound rings and they were given to female politicians as part of his annual Christmas gift, reports the Telegraph. The rings were designed by jeweller Recarlo, who are based at Valenza [...]
Think Environmental cut by DMG; Keeps Sell
December 17th, 2010 |
No Comments
DMG cuts Think Environmental (A78.SG) target price to $0.135 from $0.350 and keeps the stock at Sell after the company announced it has entered into a MOA with Mornington Offshore for the proposed investment in the latter which owns 100% stake in a gold exploration company, Societe Emas Mali.
The house says details of the investment in Mornington “remain scanty,” but views the move into offshore gold mining negatively “due to its shift in focus away from the troubled environmental business, and the lack of experience in offshore gold mining in a new country.”
Think Environmental up on gold mine rights
December 7th, 2010 |
No Comments
Shares of Singapore’s renewable energy firm Think Environmental <THEC.SI> rose 7% on Tuesday after it said it had signed an agreement that would allow it to obtain rights to gold mines in west Africa.
At 0146 GMT, shares of Think Environmental were traded at $0.61 with over 4.4 million shares changing hands.
Asian Games: Somdev Devvarman wins seventh gold for India
November 23rd, 2010 |
No Comments
India”s tennis ace Somdev Devvarman on Tuesday defeated Denis Istomin of Uzbekistan 6-1, 6-2 to clinch India”s seventh gold at the Asian Games. This was India”s first ever gold medal in men”s singles tennis event at Asian Games. Somdev had also won the double”s gold pairing with Sanam Singh on Monday.
Has the Dollar ALREADY Lost Its Status As World Reserve Currency?
November 9th, 2010 |
No Comments
These are headlines from the past 2 days:Is China’s Renminbi Already The New Reserve Currency?World Bank chief calls for new gold standardChina Downgrades US Again, From AA To A+, Outlook Negative, Sees “Long-Term Recession”, Blasts QE2, Expects Credit…
New MacBook Air Is the Gold Standard for Notebooks
October 22nd, 2010 |
No Comments
Computer Shopper reviews MacBook Air, awarding it an Editors’ Choice and a 9.3/10 rating. Citing its “wow-inducing†dimensions (“the 11.6-inch Apple MacBook Air is as beautiful as it is thinâ€), “unheard of†screen resolution, and pre-installed iLife ’11 suite, the reviewer concludes that “the 2010 MacBook Air is a gold-standard laptop for demanding users seeking a powerful travel companion or others who want the media punch of iLife.â€
A “Golden†Opportunity For Gold Promise Spokesperson Mr. T
October 19th, 2010 |
No Comments
We pity the fools who didn’t know that chain-draped A-Teamer Mr. T is now the official spokesguy for Gold Promise, a cash-for-gold operation that promises to beat online competitors price for gold by 200%.
SGX achieves record volumes for its Gold Deferred Settlement contract, Nikkei dividend, China …
October 4th, 2010 |
No Comments
Singapore Exchange (SGX) says it achieved record volumes for its Gold Deferred Settlement contract, Nikkei dividend and China A50 futures contracts for the month of September 2010.
Securities Market
SGX says securities trading remains healthy month-on-month, with total securities market turnover at $38 billion for September, 20% increase from August. Daily average value for September was $1.8 billion, 20% higher than in August.
Greenspan: “Fiat Money has No Place to Go But Gold … All Currencies are Moving Up or Down Together … Gold is the Canary In the Coal Mine”
September 23rd, 2010 |
No Comments
Alan Greenspan told the Council of Foreign Relations last week:Fiat money has no place to go but gold.Greenspan also said that supply and demand explanations treating gold like other commodities “simply don’t pan out.”Greenspan also spoke of how, …
SMX debuts with limited volumes in gold, crude, dollar
August 31st, 2010 |
No Comments
The Singapore Mercantile Exchange (SMX) launched gold, oil and euro-dollar futures on Tuesday and received a muted response from investors.
Gold (SMAUc1) was the most popular contract trading a total of 61 lots by 0755 GMT, each of 32 ounces, or 1,952 ounces. The euro-dollar futures (SMEUc1) were second with 23 lots traded, equivalent to a little under 1.1 million euros ($1.89 million) in value.
SMX December gold contract starts trading
August 31st, 2010 |
No Comments
The Singapore Mercantile Exchange (SMX) started trading its December gold futures contract today.
SMX CEO Thomas McMahon said gold was the first product to trade on the exchange, which also launched Tuesday a prompt West Texas Intermediate crude contract, a euro-denominated Brent crude contract and a euro-US dollar futures contract.
Gold Turkmen leader statue dismantled
August 26th, 2010 |
No Comments
The gold-plated rotating statue of the first president of Turkmenistan, Saparmurat Niyazov has been dismantled.
The statue was located on top of the Neutrality Arch in front of the presidential palace in downtown Ashgabat, RIA Novosti reported.