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Posted: Sat 8:52, 17 Aug 2013 Post subject: hollister Business Finance & Investment 9 14 07 K |
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However, it should be noted that Kudlow expects bad news within the short-term. "Might the current financial turmoil throttle back growth a little more in the next six months? Yes, perhaps. Will there be some [link widoczny dla zalogowanych] negative earnings surprises, especially from financial companies? Sure." Kudlow noted that despite the recent "bear assault" on the market, it is only down 4.5% since the Dow hit 14,000.
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Marshall was also sure to note that "while the award most likely won't cover the costs of any such mission, companies getting to the moon can commercialize the technology they developed." Several high-profile individuals are currently working on experimental spacecraft. "Elon Musk, a founder of PayPal, has been working on a project to shuttle things to space through his company Space Exploration Technologies, and Amazon's Jeff Bezos is developing a way to take [link widoczny dla zalogowanych] humans to space with his project called Blue Origin."
The main reason that Indian companies are looking to offshore locations is the increasing amount of government red-tape companies need to navigate in order to purchase land for industrial purchases. According to , "land acquisition in India is becoming controversial over industrial acquisitions. Many companies are looking into purchasing land overseas." Several nearby countries are clamouring for Indian crops and additional investment. The post confirmed that "Nandan Biomatrix Ltd. and Labland Biotech Pvt. Ltd. are looking to buy land in Malaysia."
A post from t, an expert blog focused on venture capital, announced that Internet giant Google is now offering a total of 30 million dollars in prize money to private companies that successfully manage to land an unmanned spacecraft on the moon. The competition is known as the Lunar X Prize and carries a 20 million dollar first prize with two 5 million dollar prizes being distributed to the runners up. [link widoczny dla zalogowanych]
A post from , an expert business blog, revealed that the "US Mint has suspended all sales of most bullion coins on Thursday." It appears as though the United States Mint has deliberately tried to hide or disguise the fact that it was no longer selling gold coins, as Prudent Investor noted that "this info is hidden on the product pages without a corresponding press release." Toni Straka, the author of , began by openly asking "is the USA running out of gold?"
It appears as though the United States Mint was caught off-guard by the recent surge in gold prices as investors seek shelter in precious [link widoczny dla zalogowanych] metals. The post quoted the information page of the American Eagle gold coin, "due to the increasing market value of gold, the American Eagle Gold uncirculated Coins are temporarily unavailable while pricing for this option can be adjusted; therefore, no orders can be taken at this time." Straka correlates the shortage to the fact that "US gold reserves have not been audited in more than 40 years." Additionally, the post noted that the price of gold hit a 2007 high today of $717 per ounce.
The key message in was that "our free market capitalist [link widoczny dla zalogowanych] economy [link widoczny dla zalogowanych] is resilient and durable. It has proven time and again that it can take a punch." While many companies and investors have been dealt setbacks by the credit crunch, Kudlow was adamant that good news was on the way, especially thanks to the fact that "the Fed will reduce the cost of money by bringing down its basic target rate." He advises us all to hang in there and to remember "it's very easy to be totally pessimistic and bearish right now. That is precisely why I will avoid falling into that trap. Optimists are winners. Pessimists are losers."
Interestingly enough, it appears as though Google has big plans for the moon. Matt Marshall, who [link widoczny dla zalogowanych] wrote , stated that a video produced by Google "explains how one day the moon's silicon soil could be used to create large solar satellites, which in turn can be used to provide electricity to earth." Additionally, "other moon resources would provide rocket fuel, to propel us to new worlds."
Kudlow's Money Politics blog, Lawrence Kudlow put forth his case that America's economy is resilient enough to handle the sub-prime crisis. According to Kudlow- "the bears would have us believe the sub-prime credit virus heralds the end of [link widoczny dla zalogowanych] the world. That's wrong." Kudlow cites several specific reasons why the American economy should not be underestimated- "marginal tax rates are low. Inflation is low. Interest rates are low. And the world economy remains strong."
The blog has revealed that several ambitious Indian companies have now [link widoczny dla zalogowanych] begun looking for offshore locations to grow various biofuel-related crops. Chief among the crops is jatropha- a non-edible African weed that produces rich quantities of biofuel, yet can be grown in virtually any location.
India out-sources biodiesel
Additionally, the post reports that Indian companies are looking across a variety of continents in order to find suitable locations for jatropha cultivation. "India's Shapoorji Pallonji & Co. Ltd is looking to purchase land in South America and Africa for its biofuel projects." The post also noted that Labland Biotech has also [link widoczny dla zalogowanych] teamed up with a Portuguese company for a jatropha cultivation project in Mozambique.
US Mint running out of gold?
The Google has landed
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