China offers to buy Greek debt; vows double trade in 5 yrs

ATHENS, GREECE: Chinese Premier vowed Saturday to double trade with Greece within five years, and to buy Greek bonds when the crisis-hit country returns to international markets.

Wen started a weeklong tour of European countries in Athens, heading a delegation that signed 11 private business deals and two state cooperation agreements for trade and cultural affairs.

``When Greece is in trouble, China will help _ that's when real friendship matters,'' Wen said after meeting Prime Minister . .
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Jim Rogers - Silver is 85 % under its all time high - October 2010

Jim Rogers - Silver is 85 % under it´s all time high - October 2010
Jim Rogers :"I just got to say that if I were to go to about precious metals, I would rather look at silver than gold. I own gold and I own silver, but silver is still 60% below its all time high. Gold is making all time highs. So it is usually better to buy low and sell high. I am not selling my gold. Gold will go over $2000 an ounce certainly in the next 5 to 10 years. But silver - on a percentage basis - will probably go up even more during that period of time. "

China offers to buy Greek debt

China has offered to buy Greek government bonds, in a show of support for the country whose debt burden pushed the euro zone into a financial crisis.

Wen Jiabao, the Chinese prime minister, made the offer before Greece's parliament on Saturday at the start of a two-day visit to the country.

But his offer has also called into question China's own financial policies.

Danny Gabay, Deflation Biggest Concern in Global Economy

Oct. 4 (Bloomberg) -- Danny Gabay, managing director of Fathom Financial Consulting, talks about the company's quarterly global economic forecast and asset allocation. He speaks with Maryam Nemazee on Bloomberg Television's "Countdown."