Mongolia: Another Saudi Arabia?

According to Marc Faber, the publisher of the Gloom, Boom & Doom report, said Mongolia is “torn between two lovers – China and Russia,” and is a country with huge potential.  As he notes:

“The country is incredibly resource rich, another Saudi Arabia, next to the largest population in the world”

This entry was posted on Friday, April 10th, 2009 at 5:43 am and is filed under Mongolia.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

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Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.