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Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?aluminum corp of china ads ach posts
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The Chinese government released trade data that portrays a $7.3 billion deficit. Is that believable or just convenient amid the international pressure to raise the value of their currency? We can hardly believe what comes out of Washington, so data coming out of China has to be quite suspect.
I'm sure they retained qualified independent auditors to ascertain the validity of the figures -- yeah right ...
"Much of China's continued economic growth is going to be fueled by rather mundane stuff, like aluminum, which is why we think it is time to consider Aluminum Corp. of China (ACH)," says China stock expert Keith Fitz-Gerald.
The editor of The New China Trader explains, "Based in Beijing, Aluminum Corp. -- also known as CHALCO -- is the world's second-largest alumina producer.
"According to Pittsburgh-based aluminum giant Alcoa, Chinese consumption of aluminum is expected to grow by 21% in 2010. Growth in the rest of world is only expected to increase by 6% over the same time.
Continue reading Aluminum Corp. of China (ACH): 'Big Time Profits'
It was reported on Sunday, June 21, that Anglo-Swiss mining company Xstrata has proposed a merger of equals to the board of Anglo American ADR (NASDAQ: AAUK), hoping to create a new, more competitive mining giant. Rumors have been milling about for a while. Continue reading Serious Money: Anglo American - Xstrata merger?
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