Brazil Feeds the World

Cheap labor and a good climate for crops have positioned Brazil to make gains in agriculture. This week we sent global strategist Jack Dzierwa (pictured here) south for a look at opportunities.

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How Vietnam Consumes 10x More Gold Than China

Many Asian countries have strong affinity for gold, with Vietnam apparently at the top of the list. On a per-capita-income basis, Vietnam consumes twice as much gold as India and 10 times that of China.

Vietnam's gold market has blossomed in response to a lack of confidence in the country's currency, according to a story in yesterday's Financial Times. Since the beginning of 2009, the Vietnamese dong has lost 11 percent of its official value, while gold has risen roughly 42 percent in U.S. dollar terms.

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Urbanization a Key to Consumption

Urban populations are growing in Asia and may hold the key to the region’s future economic growth. The global urban population is expected to grow by 1.6 billion people by 2025, 40 percent of that coming from China and India alone.

By 2025, China’s urban population is expected to be three times that of the U.S. and India’s is expected to be double.

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Here’s Why China Hasn’t Bought 191 Tons of IMF Gold

After India bought 200 tons of gold from the IMF last November it seemed obvious to most prognosticators that China would be next up to bat. That hasn’t turned out to be the case. Yesterday, a new perspective emerged to take a stab at answering this yellow metal riddle.

From Commodity Online:

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Another “I” in the BRIC Wall?

The acronym BRIC — which stands for Brazil, Russia, India, and China — was coined in a 2001 Goldman Sachs paper about quickly growing economies that could overtake the world’s wealthiest nations by 2050.

Almost a decade after the original report, the group has performed true to forecasts by outpacing the growth of industrialized nations by a wide margin.

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India’s Urban Future

McKinsey Global Institute (MGI) believes India is on the verge of the second-greatest urban migration the world has ever seen. In their new report India’s Urban Awakening, MGI says India’s urban population could balloon to 590 million—nearly twice the size of the United States—by 2030.

MGI says India will have “68 cities with populations of more than 1 million, 13 cities with more than 4 million people and 6 megacities with populations of 10 million or more.”

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How Much Capital Does it Take to Lift a Dollar?

On March 18, 2010 the Gold Anti-Trust Action Committee (GATA) wrote CFTC Chairman Gary Gensler a letter calling to his attention evidence that suggests an anti-gold cartel consisting of the U.S. Treasury, the Fed, and the bullion banks has been suppressing the gold price, and that this action is coordinated to further the “strong dollar” policy established by former U.S. Treasury Secretary Lawrence Summers.

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Can India Get Soaring Food Inflation Rates Under Control?

India’s inflation in food prices has been soaring lately — holding for weeks above 17 percent — due to a combination of factors including the weakest monsoon rains in nearly 40 years, new taxes on gasoline and diesel, and increased excise taxes on a wide variety of products.

From BusinessWeek:

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