Wednesday, February 08, 2012
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3. How to avoid one of the biggest risks in energy investing
 
1. PIMCO's Bill Gross just made an astonishing comment
 
2. Richard Russell: This could be 2012's "market moving" event
 
3. New report reveals Federal Reserve president owns millions in gold and platinum
 
4. Military insider: The Pentagon is lying about Afghanistan
 
5. This morning's "fantastic" jobs report is hiding some shocking news
 
Forget gold: This is how China is fleeing the dollar, Part III
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Tuesday, September 01, 2009
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By Daily Crux Editor Brian Hunt:

China is moving its vast currency reserves into yet another commodity sector. This time, it's the Canadian oil sands, via a majority stake in two Athabasca Oil Sands Corp projects. State-owned oil company PetroChina has completed a deal to purchase a 60% interest in the MacKay River and Dover projects for more than $1.9 billion. It's a huge stake in one of the world's most valuable oil fields.

Lots of investors get worked up about the possibility for higher gold prices due to Chinese buying. But it's raw materials like iron ore, copper, and petroleum that the Chinese are really getting into. This is just another example…

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Topics: China | Energy | Commodities
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