Contrarian Stock Market Investing News - Featuring Bargain Stocks » canad http://www.contrarianprofits.com Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Mon, 10 May 2010 15:10:45 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Forget the BRICs, It´s the Age of the ABCs http://www.contrarianprofits.com/articles/forget-the-brics-it%c2%b4s-the-age-of-the-abcs/2502 http://www.contrarianprofits.com/articles/forget-the-brics-it%c2%b4s-the-age-of-the-abcs/2502#comments Tue, 27 May 2008 13:19:27 +0000 Brian Hunt http://www.contrarianprofits.com/articles/forget-the-brics-it%c2%b4s-the-age-of-the-abcs/2502 Wall Street firm Goldman Sachs made the term “BRICs” famous in a 2003 research report.

It’s an acronym for the emerging economies of Brazil, Russia, India, and China. Goldman rightly believes these populous nations will be far more prosperous and powerful in 2050 than they are today.

A long-term commodity bull might say, “Forget the BRICs… Give me the ABCs.”

The ABCs in this case are the ultimate destinations for resource investors… Australia, Brazil, and Canada. Each is blessed with awesome energy, metals, and agricultural wealth… and each ABC currency is soaring right now. Our chart of the week is the “A” currency of the group, the Aussie dollar.

Due to the soaring prices of coal, gold, copper, uranium, oil, iron ore,…

]]> Wall Street firm Goldman Sachs made the term “BRICs” famous in a 2003 research report.

It’s an acronym for the emerging economies of Brazil, Russia, India, and China. Goldman rightly believes these populous nations will be far more prosperous and powerful in 2050 than they are today.

A long-term commodity bull might say, “Forget the BRICs… Give me the ABCs.”

The ABCs in this case are the ultimate destinations for resource investors… Australia, Brazil, and Canada. Each is blessed with awesome energy, metals, and agricultural wealth… and each ABC currency is soaring right now. Our chart of the week is the “A” currency of the group, the Aussie dollar.

Due to the soaring prices of coal, gold, copper, uranium, oil, iron ore, and natural gas, the Aussie dollar has climbed 50% since 2002. This is a huge move for the currency of a stable nation… and another sign the age of the ABCs is here.

Australian Dollar

 

 

Source: Forget the BRICs, It´s the Age of the ABCs

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