Jim Rogers Interview on Goldseek Radio 31 July 2010

Jim Rogers : Follow the money flow and you will be successful

Jim Rogers : when you are talking about politics or fashion or just about anything with no exception money makes the world go around whether we like it or not it happens to be rue , and if you can figure out where money is likely to flow especially to which countries and which region you probably gonna be extremely successful , people who realized 90 or 80 years ago that the pound sterling was losing its status as world's reserve currency and started moving their money into the US and US dollars made fortunes , people who cannot figure that out lost fortunes ...that's how the world works.....

China Launches GPS Satellite

China sends its latest satellite into space aimed at ending dependence on U.S. navigation satellites.
As the fifth out of 35 orbiters, the global positioning satellite will be part of a system codenamed "COMPASS."
According to state media, the system will provide real-time navigation and positioning information for the Asia-Pacific region by 2012.
China began moves to shake off U.S. dominance in this market by launching test satellites in 2000.
The eventual goal is to provide global navigation services by 2020.
The GPS satellites are seen in China as crucial for the transport and oil exploration industries, as well as weather and disaster forecasting.