Rant About ItRant About ItThe purpose of this blog is to educate every reader including me about trading in stocks by understanding the fundamentals and techicals behind it Articles
Seven Companies Announce Buyback
2007-03-07 15:48:02 When a company announces a buyback, it means that the company is going out and buying shares of its own company on the open market. This is generally very bullish for stocks, since it shows confidence by executives in their own companies, reduces the number of shares outstanding. With the reduction of shares in the market the demand of the stock normally goes up. This is also good news for the existing shareholders since the earnings and dividends will be split up among fewer shares.The 7 companies that announced buyback areBank of America BACCypress Semiconductor CYEast West Bancorp EWBCeBay EBAYFreightCar America RAILRome Bancorp ROMEVarian VARI More About: Companies , Comp , Back , Buyback , Seven
Is South America the Answer ?
2007-03-07 15:48:02 With emerging markets grabbing investor attention, many are turning their focus towards South America n markets. Strong exports, high commodity prices and increased investments have been contributing factors to growth within many of the Latin American markets. As a result, many companies are working to capitalize across a variety of sectors such as DVD manufacturer Infosmart Group, Inc. IFSG in the digital media and tech market, ZAP ZAAP and Rotoblock Corporation ROTB taking advantage of the growing demand for alternative and renewable transportation, as well as GoldenPeaks ResourcesLtd. GL and other mining companies pursuing resource plays within Argentina and surrounding areas. Lets take an example of Brazil to understand where does the South America n market stand. Tech & Media MarketComputer sales increased more than 20% in 2006. This growth can be attributed to a variety of factors such as government incentives, a high level of Internet use and overall economic growth leading to... More About: Answer , The A
A Day To Remember: The Great Wall Falls
2007-02-28 09:46:01 Everyone knows that the market goes through a correction every once a while. The problem is not everyone knows when. Stocks slumped Tuesday 27th Feb on worries about economic growth at home and abroad especially China.What HappenedThe Dow dropped 416.02 points equivalent to 3.29 %, its biggest one-day point loss in nearly 5 & 1/2 years. The S&P 500 tumbled about 3.5 % and the Nasdaq skidded 3.9 %.What Caused ItChinese market dropped 9 % on concerns that the government was looking to crack down on market speculation that has driven Chinese stocks to record highs. There are were also rumors that China is going to impose a high capital gain tax on stock investments. Other Asian markets slumped in tandem. European shares also tumbled. Former Federal Reserve Chairman Alan Greenspan said that U.S. economy might slip into a recession by the end of the year.Economic indicators showed the biggest monthly drop in new orders for nondefense durable goods, items meant to last 3 years or mor... More About: Great , Great Wall , Wall , Fall , Falls
What happened today...
2007-02-27 21:45:02 What happened to the market today ??? Pretty disappointing day ??Question is why it happened ? For starters investors would love to see the interest rates go down. Businesses thrives more with lower interest rate, but Feds showed no sign of cutting interest rates any time soon to control inflation. This lead to a panic and sell market. Add to that the previous few days the stocks were up and it will time for the shorts to jump in. Unfortunately a strong job report didnt get the nod from investors either. However with dropping oil prices, consumer confidence grows and we will soon see an upward trend. The current interest rate stands at 5.25%. Who got hit bad ?? Tech stocks got hit the hardest. IBM, Intel, Dell, Oracle, Ebay, Motorola all down. Gold was down too, with trading around $606 an ounce. NYSE: Stocks going up v/s down was 24% v/s 74% NASDAQ: Stocks going up v/s down was 30% v/s 69% Positive note was that dollar improved over euros. Oil trading at 56.35$ All... More About: Today , What , Hat , Pene
Gold rush....
2007-02-27 21:45:02 Love it, hate it but can't ignore it. I am talking about Gold . Like i mentioned in my early blog, when the dollar becomes stronger, gold will see a downslide. This was true this week with dropping oil prices and resurgent dollar. Gold prices tend to fall when energy prices drop, as the yellow metal is generally seen as a hedge against oil-led inflation.Gold is trading around 606$. The dollar climbed for a second straight day, gaining support from a recent run of upbeat economic data that has lowered expectations the Federal Reserve may cut interest rates in coming months. Recent economic data show economy is slowing, but there is no sign of sharp slowdown.According to commodity experts/analyst, gold will be higher in the latter part of the year, but short-term sentiments are a bit shaky. It is believed that gold will be in demand with the unresolved situation in Iran and tension in the Middle East.Silver is trading around 12.60$, with platinum around $1,120 and Palladium laround $3... More About: Rush
Housing boom or bust ??
2007-02-27 21:45:02 Strong housing sales is an indication of strong economy. With increase in interest rates, the mortage rates also are up.Rule of thumb: High mortage rates = Slow housing salePending sales of existing U.S. homes fell 0.5 percent in November but held above the low hit in July, suggesting the housing market is stabilizing.The Pending Home Sales Index is pointing toward fairly stable home sales in the near future. Home sales climbed the two months after September.The index covers pending sales of existing single-family units, condominiums and co-ops. A home sale is pending when a contract has been signed but the transaction has not closed.Shares of homebuilders is all down, and i do not recommend holding it this qtr. Some of the stocks make for good shorts like Toll Brothers (TOL), DR Horton (DHI), Pulte Homes (PHM), Restoration Hardware Inc (RSTO), Home Solutions of America Inc (HSOA)I am bearish about Real Estate/Construction stocks this quarter, but the second half of 2007 looks more ... More About: Housing , Bust , Sing , Boom
Which sector are you in ??
2007-02-27 21:45:02 There are alot of stocks to invest in ?How do you decide which one to pick ?The best way to start is to decide which sectors to invest in. Decide for youself which sector you think you like and is going to do well in the near future. Once you pick the sectors you like, look into sub-sectors. Now inside this sub-sector look for companies with good EPS, P/E, PEG and market capital.Everyone should make a like it - dislike it list, and STICK to it.I will go through few of my personal ones.Like it...I like Gold/Silver stocks (metal prices might swing, but the love for gold doesnt)I like Tech stocks (companies with unique products, brand, outsourced cost cutting operation)I like Semiconductor stocks (manufacturing chips for prefered consumer products)I like Health Care stocks (with strong sales)I like Real Estate stocks (but i am bearish about them this qtr)I like High Dividend stocks (the divendend can compensate against any downward movement)I like Emerging Market stocks (way too much g...
More facts about housing...
2007-02-27 21:45:02 Housing activity is a function of several factors: Rates, the overall economy, supply, population growth, rental prices, sentiment, speculation, liquidity (easy financing terms, loans, mortgages) Over the past 5 years, rates dropped, supply expanded, population expanded, prices rose. That's normal. But then rates plummeted even further, prices rose more quickly. That is where we saw crazy boom. Now that we are seeing inflation problems, the Feds have raised rates and that is why we are seeing drop in prices.Lets have a look at few interesting facts about housing/real estate. California is hit the hardest in falling home values in the nation. San Diego will drop more than 13% on average in 2007, Los Angeles more than 11% and Miami will have a 13.6% drop.However on the good side, Washington state and Utah are experiencing massive areas of growth. Texas is undergoing the largest growth in its history since alot of people are moving in from New Orleans due to Hurricane Katrina.In Cal... More About: Facts , Fact , About , Housing , Sing
Splits v/s Buybacks
2007-02-27 21:45:02 I have been monitoring this stock for a while, till yesterday it was priced around 10$ per share. Today it is trading around $5. What happened ? Did the shorts win big time today. But there is no bad news ? As you read up more about the stock you realise the company has opted to split its shares. So what is splits, and why do companies split their stock price ? If this interests you, keep reading...What are Split s ?A company whose stock is performing very well may opt to split its shares, distributing additional shares to existing shareholders. The most common split is 2:1, in which each share becomes two shares. The price per share immediately changes to half. Reverse split is when the number of shares decreases, ie 1:2Why do companies opt for splits ?A company will usually decide to split its stock if the price of the stock gets very high. High stock prices are problematic for companies because they make it seem as though the stock is too expensive. By splitting a stock, companies... More About: Back , Buyback
Understanding IPOs
2007-02-27 21:45:02 Initial Public Offerings (IPOs) are the first time a company sells its stock to the public. Sometimes IPOs make huge first-day gains like Chipotle Mexican Grill (CMG) which was offered at $22/share and ended their first day of trading at $44/share. Wow. However there are times when the market is overall bearish and the IPO will flop like in the case of Vonage Corp (VG) which was offered at $17/share but has now dropped to around $6.5/share.Unfortunately more than ever individual investors dont get access to the stock at initial offered price. Its the mighty institutional investors who do. By the time the general public can trade the stock, most of its first-day gains have already been made. However, a knowledgable investor should still watch the IPO market, because this is the first opportunity to buy these stocks. Reasons for an IPOWhen a privately held company needs to raise additional capital, it can either take on debt or sell partial ownership. When the company decides to sel... More About: Understand , Standing , Under , Stand , Understanding
Copper is down...
2007-02-27 21:45:02 I am not a big fan of copper and copper stocks but some of them are really worthy to own. But copper has had a rough rough ride. Copper prices reached their lowest level in 9 months thanks to resurgent dollar.The New York Mercantile Exchange (NYMEX) is the world's largest commodity future exchange where commodities like Gold, silver and copper is traded. Copper was trading at 2.55$ to 2.66$ down 21%. This is really bad news for copper stock owners including me. Good news is that analyst expect the downslide to stop around 2.50$ where the market will stabilize.The problem with copper companies right now is that they have big stock pile with slowdown in demand. This surplus has become a problem. The bigger the stock pile gets along with increasing warehouse cost will only make the investors more nervous and drive the prices down.Rule of Thumb: A stronger dollar makes dollar-denominated assets like copper more expensive for overseas investors. The euro was down nearly 0.6 percent at $... More About: Down
Is Ethanol a good buy...
2007-02-27 21:45:02 Before i dig deep into the details of Ethan ol , let us find out what exactly is Ethanol and why is everyone talking about it.Accordingly to Wikipedia, Ethanol, also known as ethyl alcohol and grain alcohol, is a flammable, colorless, mildly toxic chemical compound with a distinctive perfum-like odor. Ethanol can be found in alcoholic beverages. Ethanol can also be used as a motor fuel and fuel addictives. Additionally Ethanol creates very little pollution when burned. To keep it short, Ethanol can be used as an alternate source of energy/fuel, hmmm...interesting. Does that mean Ethanol companies are good buys ?? Is this a good time to invest in Ethanol companies ??Lets go through some facts:US farmers would face a real bad time without massive subsidies and trade protection from the government due to global competition. In a free global market, nobody would want US crops because they?re plain too expensive. Luckily, with the help of you and me (tax-payers), the US farm industry has b... More About: Good
Oil goes down...
2007-02-27 21:45:02 Oil prices are sliding. It stands around 56$ per barrel. There are rumors it might fall below 50$ too if there are OPEC production cuts and declining crude supplies.So why did oil prices fall ?- Stable geopolitical scene- Slowing economic growth in the United States- Higher-than-normal temperatures that generated less demand for heating oil- Big drop in crude supplies (the drop was considered temporary due to thich fog around the ports)However energy experts suspect the slide is over, otherwise OPEC will be nervous. One will not see any rally in prices unless the demand for oil picks up. Next few weeks are going to be really interesting for oil prices.1. So which way does the dollar stride when the oil prices fall ?Up up up...Reason : Thats very simple, the cheaper the oil to import, less dollars go out. Using the simple demand/supply equation, the dollar becomes more valuable.Rule of thumb: Oil down = Dollar up2. When the dollar goes up what happens to Gold/Silver stocks ?Down down... More About: Oil , Goes
BEAS looks attractive...
2007-02-27 21:45:02 So whats good about the stocks i picked.Let us start with BEAS first. The ticker stands for BEA Systems Inc. What does the company do ?There is alot of information you can find about it on the internet. To keep it simple it provides enterprise apps and service infrastructure software. The company offers BEA Tuxedo Product and WebLogic Platforms for mission-critical systems, automates their client processes such as supplier and distributor relationships. They have clients in vertical domains like telecom, commercial and investment banking, securities trading, government, manufacturing, retail, airlines, pharmaceuticals, package delivery, and insurance industries.The stock price is 12.28.EPS = 0.36P/E = 34.02Market Capital = 4.8 BillionAnalyst Recommendation = 2.6/5.0Earnings Growth this Quarter = 18.2%Earnings Growth next Quarter = 25.0%MACD is above the signal line which indicates it is a bull market.The EPS is positioned very well. P/E is a bit higher than i like, but definitely no... More About: Active , Look , Trac , Attractive , Looks
China: Pollution Emission Targets
2007-02-27 21:45:02 China is growing by leaps and bounds and so is India. Both countries are expected to have more than 8% GDP. It is a revolution in itself. That is the good story, but no one talks about the bad story. Both these countries have failed to meet with the pollution emission targets, especially China.Eric W. Orts, professor of legal studies and business ethics at Wharton, says that "Poll ution in China, if left unchecked, will drag down the country's economic growth and result in huge healthcare costs. In addition, China?s pollution will, over time, erode its competitive position in the global economy.?Lets go through some facts:I found some interesting facts about China thanks to financial analyst Himanshu PandyaAccording to the World Bank, 16 cities in the world with the worst air pollution are located in China.The country?s Ministry of Science and Technology has estimated that 50,000 newborn babies a year die from the effects of air pollution.China?s emissions of carbon dioxide, the mos... More About: China , Miss , Emission
Computers Will Act More Like Humans
2007-02-27 21:45:02 Speech recognition is the process of converting a speech signal to a sequence of words. Speech recognition applications that have emerged over the last years include voice dialing, call routing and simple data entry (like entering a credit card number). This is a very fascinating technology and a market with huge potential. However after decades of development, speech recognition applications still hasn't fully evolved. There is plenty of risk at stake.Importance of speech recognition:Early applications were termed big flop. However that is changing now. Comp uting time has reduced, the storage capacity has increased and become cost effective, and the technology itself has been refined. There is now a huge market for speech recognition applications, not to mention text-to-speech applications. Applications include, internet, cell phones, in-vehicle navigation and communication, consumer electronics and a list of computing devices.Additionally the chip size is getting smaller and smal... More About: Computers , Computer , Human , Will
How did they perform !!
2007-02-27 21:45:02 So i recommended 13 stocks yesterday. How did they do ?BEAS +0.64 (5.21%), BECN +0.22 (1.18%), CELL +0.51 (3.77%),COGT +0.20 (1.83%), FLEX +0.14 (1.23%), DIVX +1.38 (6.30%),IDEV -0.17 (-2.45%), IRBT -0.12 (-0.67%), NEXT +0.03 (0.27%),SMOD -0.07 (-0.53%), STST +0.79 (3.70%), VPHM +0.17 (1.19%)ZQK +0.13 (0.84%)That adds up to net increase of 21.16%10 went up and 3 went do. Fair enough... Will give picks tonite for tomorrow. More About: They , Form , Perform
Forex: Do You Understand Currency Movement ?
2007-02-27 21:45:02 There used to be a time when trading on the currency exchange (foreign exchange market or forex) was not for everyone. It used to be a domain for government central banks, commercial banks, investment banks, hedge funds and huge international corporation. However with the advent of the electronic trading networks, trading in forex is now more accessible than ever. The forex offers trading 24-hours a day, 5 days a week, and the daily dollar volume of currencies traded in the currency market exceeds $1.4 trillion, making it the largest and most liquid market in the world.Forex is generally a low volatile market. Currency fluctuations are usually very small. Most high risk investors & speculators use leverage (which is possible due to high liquidity) to increase the profit margins. For example, it is possible for an investor to control a position of $100,000 by putting down as little as $1,000 up front and borrowing the remainder from his or her broker.The movement of currency prices a... More About: Men , Move , Understand
EBITDA...another buzzword ??
2007-02-27 21:45:02 I have heard this "EBITDA" buzzword thrown around a couple of times, and i had no freaking clue what it meant ? I shrugged it off thinking one of those trading terms i will never understand...Few days back i read it in some of the message boards and decided to have a look at it. Turns out its an acronym which means Earnings Before Interest, Taxes, Depreciation and Amortization. Now that is pretty intuitive, isnt it ?EBITDA = Revenue - Expenses (excluding interest, tax, depreciation and amortization)EBITDA is used to analyze a company's operating profitability before non-operating expenses (interest and tax) and non-cash charges (depreciation and amortization).Pros of EBITDAEBITDA is useful to analyse the overall profits between companies you are comparing without taking accounting decisions into consideration. Now this can be useful to compare companies based on how to they operate and how much profits they end up making. Sometimes its useful to evaluate different sectors/industry,... More About: Other , Word , Buzz , Another , Buzzword
Netflix v/s Blockbuster
2007-02-26 21:44:02 Last year Netflix NFLX has fallen 14%, while its arch rival Blockbuster BBI is up 67%. So what changed? Let us first understand what do they do and what are their business models.What does Blockbuster do ?Blockbuster is one of the largest movies and video games rental chain in the world. However they lost $1.6 billion in 2002, almost $1.0 billion in 2003, and $1.2 billion in 2004. In 2004, they introduced an online DVD rental service just like Netflix. Currently they have a collection of 65,000 titles and has about 2.2 million subscribers.What does Netflix do ?Netflix is the largest online DVD rental service, renting DVD's at a flat monthly rate depending on the plan. They have a collection of 70,000 titles and has about 5 million subscribers. Currently, Netflix spends about $300 million a year on postage to ship 1.4 million DVDs a day.What changed at Blockbuster ?Blockbuster launched its Total Access program in November '06, which enables subscribers to return movies rented onlin... More About: Buster , Flix , Bust
Can Weak Dollar Make Money
2007-02-26 21:44:02 Can Weak Doll ar Make Money Yes it can. Deutsche Bank and PowerShares announced the listing of PowerShare DB U.S. Dollar Bullish UUP and the PowerShare U.S. Dollar Bearish UDN exchange traded funds (ETFs) on the American Stock Exchange. These ETFs offer investors access to the performance of the United States Dollar against global currencies.Rant: This is simply wow. Investors can make money not only in the strong dollar, but also in the weak one. However investing in foreign exchange related product is not for everyone. One needs to understand and monitor the national debt levels, trade deficits, changes in domestic and foreign interest rates, regional and foreign politics, economics and financial events.Wal-Mart soon to enter IndiaA potential joint-venture between Wal-Mart WMT and India's Bharti Retail is likely on the way. Multi-brand foreign retailers are only allowed to operate in India with a local joint-venture partner. Bharti plans to invest $2 to $2.5 billion by 2015 across... More About: Make Money
Yahoo and the Panama buzz !!
2007-02-23 21:43:01 The latest buzz around Yahoo YHOO is about their new Ad Ranking System called Panam a . Currently Yahoo places a paid ad solely based on the amount you are willing to pay for the keyword, whereas Google GOOG uses both price of the keyword and a quality score to rank the ad. Yahoo is looking to rectify this with Panama. Shareholders, employees and advertisers are for obvious reasons, praying that Panama works. Positive comments and publicity are all good, but unless the system helps generate more revenue it means nothing, especially to the investors.The company began to transition customers to Panama in mid-Q4, any revenue growth will likely come in Q1 at the earliest. The question to ask is whether this transition is going to have a positive or negative impact on their Q4 or Q1 revenue. If it is going to be negative, Google will gain on it. According to Wall Street Journal, some small Yahoo customers have had to cut back spending significantly during the transition. Some mid-size comp... More About: Buzz , Yahoo!
Options: The Power Lies In Their Versatility
2007-02-23 21:43:01 Most investors invest in stocks, ETFs, mutual funds and bonds. How about adding another type of security called Opti ons to your portfolio ? If you are new to the world of options trading, read on...The power of options lies in their versatility. They give you the power the adjust your position according to the present situation. However just like any other security, options have their own set of problems. Options are complex securities and can be sometimes extremely risky. Option trading is therefore not for everyone.However before you decide not to trade in options, you should atleast understand them. Not learning how options function is as dangerous as jumping right in it.What is an OptionOption is nothing but a contract that gives the buyer the right to buy/sell an asset at a specific price on/before a certain date. So what is the big deal about that ? The big deal is that the buyer is not obliged to buy/sell. Now that sounds interesting....isnt it ?Investopedia gives an excellen... More About: Power , Sati , Lies
Meet the Greatest Money Manager
2007-02-23 21:43:01 I am talking about Bill Miller, Legg Mason Fund Manager . He has topped the market 15 years running. Wow. That is some achievement.Also check out what Fortune had to say about him. More About: Money , Great , Meet , Test
Uranium Is Knocking At The Door
2007-02-23 21:43:01 Countries that rely only on oil as a source for their energy, will be in big trouble in few years time. The sooner these countries realise this and take action the better it is. The answer is alternative energy, be it Ethanol, Solar, Wind, Liquid Coal, Hydroelectricity, Geothermal or Ocean thermal energy.More about Alternative EnergyAlternative energy is still a big question mark in U.S. President Bush supports increase in ethanol usage. Unfortunately corn-based ethanol has its own problems. Corn-based ethanol could lead to shortage of corn food and high corn prices due to high demand. Hydroelectricity contributes a large percentage to the world energy. However environment concerns block new dam construction. Solar cells can presently convert 20% of the sunlight to electrical energy. If built out as solar collectors, 1 % of the land today used for crops and pasture could supply the world's total energy consumption. However solar energy has not gained widespread support for reasons ... More About: Uranium , King , Door , Knock , The D
Will Facebook Bite The Dust
2007-02-23 21:43:01 Facebook is a social networking website popular with teenagers. It is ranked 7th most visited site in U.S. with 2.3 million photos uploaded daily by the members. That sure is an amazing figure. Like MySpace, Facebook is a potential buyout target for the big guns. But surprizingly Facebook has rejected any offer thrown at them which also includes the offer from Yahoo YHOO for $900 million. Makes one wonder why are they being so silly ? Or maybe not. Let us dig deep. Facebook & Comcast DealFacebook announced a deal with Comcast CMCSA last week. As part of the deal, registered Facebook members can upload, share and rate the videos on Comcast's video-sharing web site called Ziddio. These videos will also be available on Comcast's ON DEMAND service. Few of the best videos will make it to the television series. This deal will increase the sign ups at Facebook and generate more traffic. For Comcast, the revenue will come from selling advertisements for videos and pay per view charges.Fac... More About: Ebook , Book , Face , Facebook , Will
Buzz Around The Town
2007-02-23 21:43:01 For a change i wanted to get hold of some interesting buzz going around the town. Here is what i found and by the way Happy Commercialized Valentine Day !! Low Oil Prices = Production CutSaudi Arabian Oil Minister said that if oil prices hold there will be no need for further production cuts when OPEC meets next. But neither would he be surprised to see a different situation than what he sees now. Saudi Arabia's current production stands at 8.5-8.6 million barrels/day. OPEC members supply about 40% of the world's oil. Saudi Arabia still plans to increase its capacity by end-2009, saying the world will need all the energy it can generate over the next 30 years, including alternative sources.Yahoo Mobile AppsYahoo YHOO is rolling out its mobile ad services in 18 international markets and has signed on major advertisers in doing so. The company also plans to offer several new features for its mobile applications including searches directly from Yahoo Maps and the ability to sha... More About: Buzz , Town , Round , The Town
The Best Time to Buy
2007-02-23 21:43:01 Find out when is the best time to buy.... More About: Time , Best
Newspapers Beat Local TV
2007-02-23 21:43:01 Newspapers Beat Local TVAccording to a media research firm, the newspapers are making more money from online video advertising than local TV stations, $81 million to $32 million. TV stations have a mass audience compared to targeted audience on the internet. Newspapers have been selling customized solutions, with particular success in converting help wanted and automotive classified advertisers. Time Warner Cable TWX in North Carolina is producing original video advertisements for local merchants.This is pretty intuitive. If you know your target audience it is much more easier to sell. It is estimated that local online video advertising will surpass $5 billion, representing more than one-third of all local online advertising.U.S Trade deficitThe U.S. trade deficit stands at $763.6 billion compared with $716.7 billion in 2005. In the month of Decemeber the trade deficit widened to $61.2 billion exceeding analyst estimates of $59.5 billion. Trade deficit was reduced in the month of Se... More About: News , Newspapers , Paper
One Dollar Gold Coins: Best Investment Ever ?
More articles from this author:2007-02-23 21:43:01 One dollar gold coinsU.S. government has decided to honor all the Presidents by issuing $1 gold coins. The United States Mint will mint and issue four presidential $1 coins per year. Every three months, a different president will be featured on the coin, starting with George Washington. After three months are up, the coins for that particular president will no longer be minted and the minting of the new presidential coin will be released.Rant: My only concern is that, this could lead to more scams. How about melting these gold coins to sell it for more than its worth ?Iran exports to sufferIran holds 11% of the world's oil reserves. Considering this fact, everyone would expect Iran's output to grow. However as of now, Iran's output is only 3.9 million barrels/day versus over 6 million barrels/day in the '70s. Iran is facing a natural output decline of 8-10% per year due to lack of investment. Oil sales of $47 billion in 2006 generated half its government's revenue, but lack of ... More About: Investment , Gold , Dollar , Men , Best 1, 2, 3, 4, 5, 6, 7 |



