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User Info Mongolian Togrog; entered at 2011-11-08 05:01:39
Teomax
Posts: 1704
Registered: 2007-08-30
just read following article from guy who has its own company (MNGGF on pinksheets, Fleckeinstein being one of board member) in Mongolia:
http://adventuresincapitalism.com/post/2....
no other economy in the world is going to see such growth in next ten years.
you can also wait out the trend in fixed income with yields around 14 percent as of right now.
downside risk: China suddenly decided that Mongolia could be next Tibet.
also Togrog is going to be commodity currency mostly.