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...those periods. In fact, what's happening now is improving the fundamentals of commodities. Farmers cannot even get loans for fertilizer. Certainly no one is going to get a loan to open a zinc mine. Supply is going down - this is very bullish. We have a decline in demand, but the world is in recession. We presume that is a business cycle...

Author: /time Magazine | Title: Q&A with Investing Legend Jim Rogers | 10/31/2008 | See Source »

...elephant tusks raising over $1 million from buyers in China and Japan. The sale--sanctioned by an international-wildlife-trade agreement--will soon be followed by auctions in Botswana, Zimbabwe and South Africa, with the proceeds earmarked for elephant conservation efforts. Detractors say the auctions could rekindle black-market demand for ivory...

Author: /time Magazine | Title: The World | 10/31/2008 | See Source »

...Democrats might like striking deals with McCain, in the end they would be planning his demise in the next election. Meanwhile, given his age (72) and the long history of mistrust between McCain and the Republican right, his other flank would be in danger too. Conservatives would probably demand a steady stream of vetoes of Democratic legislation, and any failure to deliver would strengthen his younger gop rivals. The McCain-Palin relationship would be Washington's answer to King Arthur and Mordred...

Author: /time Magazine | Title: How Obama and McCain Would Lead | 10/30/2008 | See Source »

...losses the short-sellers would have to absorb grew rapidly as they scrambled to acquire the shares necessary to cover their positions and cut their losses. The stock price soared as it became clear that there simply wasn't enough VW stock in the market to meet demand - short-selling investors had borrowed around 13% of VW's stock, but only 6% was trading freely, the remainder being held by Porsche and the state government of Lower Saxony...

Author: /time Magazine | Title: Hedge Funds Shorting VW Stung By Porsche | 10/29/2008 | See Source »

...market economics. The world consumes a steady 4,500 tons or so of opium a year, almost all of which comes from poppies grown in Afghanistan, where the crop earns about $1 billion a year for farmers, by U.N. estimates. Yet Afghan farmers have harvested far above world demand in recent years; last year's harvest was a record 8,200 tons and this year's crop dipped only slightly to about 7,700 tons, in part because the global food crisis sent the price of wheat rocketing, persuading many Afghan farmers to switch from opium...

Author: /time Magazine | Title: Is the Taliban Stockpiling Opium? And If So, Why? | 10/29/2008 | See Source »

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