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"Any Muslim country gold... confiscated. Phillipine gold......

  1. rowingboat
    3,352 Posts.
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    14/06/12
    20:12
    Post #: 10305910
    "Any Muslim country gold... confiscated. Phillipine gold... confiscated."


    Actually, Philippines is looking good, bucking global trend of increasing sovereign risk.

    According to CGX, foreign direct investment is up 154% in 2012 and economic growth in the country is outperforming expectations as well.

    The World Economic Forum has Philippines up 50 places to 14th out of 132 countries, in terms of trade access:

    http://www.asx.com.au/asxpdf/20120612/pdf/426rxdv0ffjg2k.pdf

    Rowingboat
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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