Word: booming
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...there is more to gold's current boom than just a flight to safety. The metal is showing signs of a more sustained run at respectability. So while its price will at some point stop going up (and start going down), don't count on another descent into seeming irrelevance, as occurred in the 1980s and '90s. That's because of changes in the mechanics of investing in gold and the weaknesses of the current gold-free international monetary system...
...Jiang Rong's Wolf Totem, a coming-of-age tale set in Inner Mongolia. It was a record sum for a Chinese novel. In 2008, the same publishing house issued, amid much brouhaha, Zhu Wen's I Love Dollars, a lively look at the dark side of China's boom. And it has just announced plans to bring more Chinese writers to the attention of international readers by expanding its Beijing operations...
...Read "In China's Lending Boom, Small Businesses Go Begging...
...pictures of China's infrastructure boom...
...Elliott's books and in 1979 went into the forecasting business for himself at what he dubbed the Elliott Wave Institute. In 1981 he moved his operation to Gainesville, Ga., an hour north of Atlanta, and he's been there ever since. His accurate forecasts of a stock-market boom in the 1980s and a crash in the autumn of 1987 made him, for a time, one of the most influential Wall Street gurus. After the market started its 1990s bull run, though, Prechter seemed to lose his touch. In 1995 his book At the Crest of the Tidal Wave...