iOS app Android app

Andrew Racz
GET UPDATES FROM Andrew Racz

Entries by Andrew Racz

Congratulations To Sanj Bayar

(0) Comments | Posted April 11, 2008 | 4:17 PM

This honor was probably totally unexpected. It took several days for the world press to intellectualize the honor which was delivered to the Mongolian people.

The events actually were quite in order. In late March, early April, the Mongolian government submitted its so-called Finance Plan to develop its gold reserves....

Read Post

The Unexpected Mongolian Dilemma

(0) Comments | Posted February 5, 2008 | 9:05 AM

New forces have entered the picture. Last week, China jumped into the Rio Tinto saga. Chinalco and Alcoa, both at 12 percent stake in Rio Tinto. Aluminum Corp. of China, Tinto put up $14.5 billion for a minority stake of Rio. China is obviously interested in the world's mineral resources...

Read Post

Mongolia Should Be The Number One Customer

(0) Comments | Posted January 10, 2008 | 10:25 AM

The advanced marketing technologies of the international stock exchanges, the modern ideas of financing derivates of the snow covered assets of mines is now a reality. It converts the future gold production into recognized financial instruments and cash.

I discovered Gold Indexed Bonds 25 years ago.

It works.

...
Read Post

No More Munich: The Mongolian Version Of 1938

(1) Comments | Posted December 17, 2007 | 3:59 PM

When the new cabinet of Prime Minister Sanj Bayar of Mongolia sits down with the Western mining companies, Rio Tinto and Ivanhoe, to ratify hopefully the long negotiated Investment Agreement, it is going to be the end of a year of extensive and cumbersome negotiation.

The cabinet basically has to...

Read Post

The Mongolian Wakeup Call

(3) Comments | Posted November 16, 2007 | 12:47 PM

For Mongolia more than perhaps to any other emerging nation, this is the 21st century.

The facts are as follows. Mongolia, is one of largest countrys in the world and has a gross national product of less than $2 billion and a small population of 2 million people. This...

Read Post