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"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Wednesday, December 05, 2007

Nouveau Riche Nations

My latest Money and Markets column is up. It's about gold, diamonds, China and India.

The term "nouveau riche," or "new money," refers to people who, through rapid acquisition of wealth, now have the ability to buy things that were previously out of their reach. In the U.S. ... [more ...]

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