The Mark Mobius View


wealthymatters.comHere is a recent interview from Forbes India to counteract all the gloom and doom

Mark Mobius: Debt crisis will help emerging markets

Dr Mark Mobius, executive director, Templeton Emerging Markets Group, tells Pravin Palande and Shishir Prasad that he is optimistic about India and in many cases, a weak rupee may actually benefit some companies in the country.

Dr Mark Mobius

Profile: Executive director, Templeton Emerging Markets Group

Career high point: Consistently voted as one of the most influential investment managers in the world

Last vacation: Doesn’t take any.

Known for: Travelling a lot; comic book based on his life

The idea of a single currency (euro) for differing political units seems to be in trouble. What does it mean for global currency markets? Read more of this post

Jim Rogers Interview on ET NOW


wealthymatters.com

Here’s the transcript of Jim Roger’s interview on ET NOW as published in today’s ET:

Gold prices are overdue for a correction and it will last for several months, says Jim Rogers, chairman, Rogers Holdings. In an interview to ET NOW , the commodities investor speaks on his outlook on commodities and rupee.
Gold is down 10% in the past week and the CME increased margins by 21%. What is your outlook for gold prices? Do you see gold to $2,000 in the near term and medium term?  Read more of this post

Burgernomics


wealthymatters.com

After 25 years, India has recently made it to the Big Mac Index.The Big Mac Index is a “lighthearted” guide published by’ The Economist’ to compare the currencies of different countries. It does so by looking at the price of a Big Mac burger, which is available in more than 100 countries with an identical recipe. Thus, a Big Mac in the U.S. costs $4.07 whereas in China it costs $2.27, using nominal exchange rates. From this, the index suggests that the Chinese yuan is 44% undervalued versus the U.S. dollar, otherwise the price of a Big Mac would be the same. Read more of this post

The Money Masters


I had trouble sleeping last night and so watched ‘The Money Masters’ on the internet.I found this documentary pretty biased.But that’s not to say that the narrator didn’t make some good points.

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