Wednesday, 19 October 2011

Bill gates gets burned by Letterman


by on Feb 26, 2007

I thought this was funny, so I uploaded it.


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Longxi International Hotel,WorldArchitectureNews, Editorial, Huaxi, Tall buildings,Offices/commercial,Hotels

Longxi International Hotel,WorldArchitectureNews, Editorial, Huaxi, Tall buildings,Offices/commercial,Hotels



China's richest village opens luxury 328m tower as it begins an architectural ascent


In the 1950s it was home to around 600 hardworking farmers. Today this figure stands closer to 35,000. We are of course talking of Huaxi, a so-called ‘village’ in China’s Jiangsu province sprawling outwards at breakneck speed which last week opened a breathtakingly lavish 328m tower costing 3bn Yuan (£301m).
An Internet storm followed as blogs and Twitter users picked up on reports from reliable news sources listing seemingly impossible statistics: a £31m solid gold statue of an ox weighing over a tonne; a large proportion of the Huaxi villagers each donating 10m Yuan in shares; genuine flakes of gold inlaid on the reception floor...
The 800-suite building which acts primarily as a hotel and conference centre under the title Longxi International Hotel has become a symbol of China’s construction industry but for many, this is a bridge too far. Jonathan Watts, respected contributor to The Guardian, penned an enlightening article on Thursday detailing the troubles that may arise on the back of this luxury tower.
http://www.worldarchitecturenews.com/index.php?fuseaction=wanappln.projectview&upload_id=17786#

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Trading of gold in yuan makes glittering debut ....www.chinadaily.com.cn

Trading of gold in yuan makes glittering debut

Updated: 2011-10-18 07:01
By Oswald Chen (HK Edition)

Move gives another boost to city's status as offshore RMB hub
The Chinese Gold & Silver Exchange Society, a century-old bullion bourse in Hong Kong established, started trading gold quoted inyuan on Monday, giving another boost to the city's status as an offshore hub for the mainland currency.
The contract may generate as much as HK$6 billion ($770 million) in trades a day, exchange President Haywood Cheung said in aninterview on October 14. Daily bullion trading volume at the society, which has 171 active members, has jumped to HK$136 billionfrom last year's HK$31 billion as appetite increases for gold due to it being seen as a "haven" from stock declines on global marketsthis year.
Gold transactions amounted to approximately 117 million yuan for the first day of trading with a settlement price of 346.95 yuan pergram. Some 322 kilograms were traded.





All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Mineweb.com - Euro woes, Goldman Sachs loss, China downturn all weigh on gold - FAST NEWS | Mineweb

Mineweb.com - The world's premier mining and mining investment website Euro woes, Goldman Sachs loss, China downturn all weigh on gold - FAST NEWS | Mineweb

Gold slumps, CFTC votes on "speculative curb" measures, Asia "could form new pool of liquidity" for precious metals market.

Author: Ben Traynor
Posted: Tuesday , 18 Oct 2011

LONDON -

The dollar gold price fell 1.4% in less than half an hour to $1638 per ounce Tuesday lunchtime in London - while stock markets also fell sharply - after investment bank Goldman Sachs announced a third quarter net loss of $393 million.

The loss - Goldman's second ever as a listed company - represents 84 cents per share, compared to a Bloomberg analysts' consensus forecast of 11 cents.

Earlier trading saw gold bullion prices steadily decline throughout Tuesday morning - along with stocks and commodities - after China's GDP figures showed an economic slowdown and doubts were raised about France's sovereign credit rating.

On the currency markets, the Euro fell for the second day running against the Dollar.

Meanwhile in Washington, US regulator the Commodity Futures Trading Commission was set to vote later today to set "position limits" on traders in a range of markets, including silver and gold futures.

Aimed at "curbing excessive speculation", the position limits are one of 32 areas demanding new CFTC regulation under the Dodd-Frank finance bill.

The CFTC vote comes just one day after the Chinese Gold & Silver Exchange Society launched the Yuan-denominated Kilobar Gold contract in Hong Kong - the world's first Yuan-denominated gold contract outside mainland China. ..........

http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=137750&sn=Detail&pid=102055



All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.