Friday, October 06, 2006
The Natural Gas dropped 60% this year. This leads to failure of Amaranth hedge who bet on the up side of Natural Gas.South African Rand dropped 18% this year. The Gold price still looks good.
Currencies of countries that export natural resources like South Afrian, Eastern E
urope and Latin American have to be closely watched. This situation may attract speculations. The debt in emerging markets have to be watched too. Should there be any sign of difficulties to roll over their debt, storm may be comming.# posted by Lobo @ 12:28 AM 
