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Middle Eastern Business News and Data

Last Updated: Thu, 29 Jul 2010 08:34:22 -0400

We are custodians of great civilizations, says Prince Sultan bin Salman

INTERNATIONAL. Prince Sultan Bin Salman Bin Abdulaziz Al Saud, the Saudi Minister of Tourism and Antiquities was interviewed Wednesday on CNN's 'icon' show about the Roads to Arabia exhibition at the Louvre in Paris.

07/29/2010 08:34 AM

Gold headed to US$2,000 in two years, says Charles Oliver

INTERNATIONAL. Sprott Asset Management's Charles Oliver avoids picking the top of the market and figuring where a peak will be when gold does hit a mania.

07/29/2010 08:34 AM

EU bailout just delays inevitable, says Roger Wiegand

INTERNATIONAL. Wiegand says the euro at US$1.20 is the "line in the sand where big trouble will start. . .and that's dangerously close.

07/29/2010 08:34 AM

Gold stands its ground, says John Licata

INTERNATIONAL. Gold prices continue to climb and John Licata, chief commodity strategist at Blue Phoenix says he sees reason to be optimistic about gold's future.

07/29/2010 08:34 AM

Lithium: Hot now but soon to sizzle, says Jon Hykawy

INTERNATIONAL. Lithium, the flavor of the year, is in high demand, powering everything from hybrid cars to laptops and cell phones.

07/29/2010 08:34 AM

John Embry expects gold to gain another 30% in 2010

INTERNATIONAL. "We've had nine years consecutive higher year-end prices and the best year in that span for a year's return was 31%. I think this will be the year that we exceed it in this, the 10th year of the bull market," John Embry said.

07/29/2010 08:34 AM

Gold is only store of value that stands test of time, says James West

INTERNATIONAL. There hasn't been one currency in the form of paper or coin, not actually made of gold or represented by a deposit of gold, that has lasted more than 100 years as a global standard.

07/29/2010 08:34 AM

Gold looking good; Silver even better, says Brien Lundin

INTERNATIONAL. The gold rally that began last fall and drove gold through the US$1,200 resistance level in late November doesn't seem to be panning out the way the rallies of 2005 and 2007 did.

07/29/2010 08:34 AM

In the grips of a currency crisis there's none better than gold, says David Morgan

INTERNATIONAL. However the evolving global currency crisis ultimately manifests itself, either total deflation and a debt-liquidating depression or a hyperinflationary blow-off, David Morgan says 'there's none better than gold, if you're worried about a crisis hedge.'

07/29/2010 08:34 AM

Recovery signals paler shade for gold, says Siddharth Rajeev

INTERNATIONAL. As investment demand for gold, including its attraction as a preservation asset, diminishes in a recovering economy, Siddharth Rajeev, VP Research at Fundamental Research, suggests the price may dip back to US$750 by 2012.

07/29/2010 08:34 AM

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