The Five Things You Need to Know About China

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View This Message on the Web December 3 9 out of 10 Investors Will Believe the Story - and Get Burned The Syndicate is about to take the market higher and higher (as it's been doing)... past the level at which the shorts will give in. If you join the stampede as the "good news" about the Christmas retail season starts to make headlines, you'll get burned. Make no doubt, this is a planned attack. Renowned analyst Jon Markman can you show you to use this same manipulation (legally, for now) to turn the tables and take THEIR money. Go here for his report. The Five Things You Need to Know About China By Keith Fitz-Gerald Chief Investment Strategist Money Morning Legendary investor, Bill "The Bond King" Gross made headlines recently when he said that China will one day have to contend with a bubble of its own making. Gross runs the world's biggest bond fund at Pacific Investment Management Co. LLC (PIMCO). Millions of investors reacted just as you would expect when someone of his prominence makes such a pronouncement – they panicked. While I can see how Gross would arrive at such a conclusion, his comment about China is akin to the economist who tells us that "the U.S. economy will recover." In either case, just when and how isn't clear. When it comes to China, therefore, it's crucial to have the facts. The following Five China Profit Precepts not only bust a lot of widely held myths about overseas investing, they also lead to only one conclusion: If you're a long-term investor, you can't afford to ignore China... Read Full Article » Why Are the Biggest Wall Street Firms Buying this Tiny Stock... But Not Telling Their Clients? Goldman... Barclays... Palo Alto Investors... These big firms have each built million-share positions in a microcap oil company from Texas. A company that just made what could become one of the biggest oil discoveries in recent history. Yet they won't tell their retail clients about the opportunity! They're not rating the stock, or even following it publicly. To find out why, and how this situation could hand you as much as 1,820% gains starting this month, please go here now. Sponsored content China Will Continue to Drive the Global Economic Recovery in 2010 By Don Miller Associate Editor Money Morning China isn't just leading the global economic recovery – it's lapping the field. China's gross domestic product (GDP) expanded at an 8.9% annual rate in the third quarter – the fastest pace in a year and up from 7.9% in the second quarter And the median projection of economists surveyed by Bloomberg News is for China's GDP to jump more than 10% in the final three months of 2009, setting the stage for double digit growth in 2010. China has been the muscle behind the worldwide economic recovery for much of 2009. That role will continue in the New Year as the Red Dragon maintains its catalyst role. The Organization for Economic Cooperation and Development (OECD) estimates that China's GDP will expand by 10.2% in 2010 – compared to 2.5% in the United States and a paltry 0.9% in the Eurozone. Read Full Article » Investment News Briefs With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Gold's Record Run Continues; Barrick Cashes In; Fed Beige Book: U.S. Economy Improving; Break Up BofA?; SEC Expanding Insider Trading Probes; RBS Says Key Employees Could Jump Ship; Dell CFO Optimistic on Holiday; Google Enables Limit on Paid News Views Gold futures yesterday (Wednesday) closed at a record high for the 19th time since the start of November, settling at $1217.30 an ounce on the New York Mercantile Exchange (NYMEX). So far this year, gold futures are up 37%. Money Morning's outlook is for gold to hit $2,000 in 2010. Higher gold prices resulted in Barrick Gold Corp. (NYSE: ABX) accelerating plans to eliminate all of its hedges against declines, freeing it to produce more of the yellow metal. "With their elimination we no longer have any gold price related mark-to-market exposure and will now fully benefit from increases in the gold price," said Aaron Regent, president and chief executive officer at the miner. The U.S. economy is showing modest signs of improvement, with little pressure on wages and finished goods, the U.S. Federal Reserve said in its latest Beige Book yesterday (Wednesday). Eight of the 12 Fed districts showed some gains in economic activity since an October 21 report. The remaining four – Philadelphia, Cleveland, Richmond and Atlanta – reported conditions little changed or mixed. At least two candidates vying to replace outgoing Bank of America Corp. (NYSE: BAC) Chief Executive Officer Ken Lewis told the company's board of directors that the financial giant should consider breaking itself up, people familiar with the situation told The Wall Street Journal. However, board members tasked with the CEO search have rejected the idea. Michael O'Neill, a Citigroup Inc. (NYSE: C) director and former CEO at Bank of Hawaii Corp. (NYSE: BOH) was named in the report as one of the candidates. In related news, Lewis said yesterday at a conference sponsored by the Charlotte, N.C. Chamber of Commerce that he may be willing to delay his retirement beyond the planned date of Dec. 31. The U.S. Securities and Exchange Commission (SEC) has sent at least 36 subpoenas to hedge funds and brokerages in the past month as part of a growing sweep of insider-trading violations, people familiar with the matter told The Wall Street Journal. Some of the inquiries are targeting potential information leaks around health-care mergers in the past three years, the people said. Other inquiries include retail industry deals, such as Sears Holdings Corp.'s (Nasdaq: SHLD) aborted attempt to acquire furniture retailer Restoration Hardware Inc. A report from Royal Bank of Scotland Group PLC (NYSE ADR: RBS), recipient of the world's largest bank bailout, said the British government's "very restrictive" control over bonuses this year could drive employees away. "This requirement may adversely impact RBS's ability to attract and retain senior managers and other key employees and thereby place RBS at a significant competitive disadvantage," the bank said. The United Kingdom, which has injected 45.5 billion pounds into RBS, owns an 84.4% stake in the bank. Dell Inc. (Nasdaq: DELL) Chief Financial Officer Brian Gladden said he sees potential upswings in consumer and commercial demand in the coming year, as well as a "moderately good" holiday season. "I think the consumer cycle has been surprisingly positive this year," he said at a Credit Suisse Group AG (NYSE ADR: CS) technology conference. "It certainly surprised us how strong it was ... I think the holiday season will be moderately good ... I think we are seeing that play out over the past few weeks." Google Inc. (Nasdaq: GOOG) will let publishers limit the number of restricted articles users can see for free through its search engine, it said in an official company blog. The change to Google's "First Click Free" program would allow publishers to limit the number of paid articles a reader could access to five per day. The news comes after some harsh words from News Corp. (Nasdaq: NWSA) executives about loopholes that enable readers to read paid content on sites such as The Wall Street Journal for free. Read Full Article » Money Map Report Login » Keith Fitz-Gerald Streamed Interviews November 23rd 8-9a.m. An interview with Jack Bouroudjian- 15 minutes Part 1 Part 2 November 23rd 9:07 a.m. An interview on the Vince Rowe Show - 2 Segments, 30 minutes total Part 1 Part 2 Part 3 November 23rd 4:00 p.m. An interview on the Gabe Wisdom Show - 30 minutes Find Out Why People Are Talking About Fiscal Hangover 12/2/2009 GM's Search for CEO Won't Likely Be Part of the "Old Guard" 12/2/2009 Unemployment Struggling to Turn a Corner as Job Losses Mount in November 12/1/2009 GE Sets Up Comcast Venture With Buy of Vivendi's NBC Universal Stake Feature Is China Secretly Targeting the Dollar? See More » The Week Ahead November 30 The Chicago Business Barometer December 1 ISM Manufacturing Index (11/09), Construction Spending (10/09), and motor vehicle sales reported. December 2 The ADP Employment report. December 3 Retail chains report Black Friday sales. Initial Jobless Claims (11/28) and ISM Services Index (11/09) reported. December 4 Unemployment Rate (11/09), Nonfarm Payroll (11/09), Factory Orders (10/09) Worth Considering This Little-Known Billionaire Tripled His Net Worth While Buffett Lost $10 Billion Buy, Sell, or Hold? by Horacio Márquez Insights on Income by Martin Hutchinson Inside Wall Street? by Shah Gilani When and How the U.S. Economy Will Recover Three Big Reasons Oil Prices Will Rally Back Big Time Alternative Energy Asia Commodities Europe Global Markets Gold/Precious Metals Oil Real Estate Technology U.S. Economy

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