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|Subject: 'Myanmar Best Investment Opportunity||Date: 8/14/2012 5:10 AM|
|Author: Starrob||Number: 5117 of 5162|
"In an exclusive interview with OilPrice.com, Jim Rogers declared Myanmar to be the best investment opportunity in the world, with North Korea not far behind. His exact words were:
"Probably the best investment opportunity in the world right now is Myanmar. In 1962, Myanmar was the richest country in Asia. They closed off in 1962, and now it's the poorest country in Asia. I see enormous opportunities there because they're now opening up. It's like when China opened up in 1978. There were unbelievable opportunities going forward. The same is true in Myanmar now in my view. North Korea, I expect to see the same sorts of developments."
Both countries are difficult to access. There are no ETFs dedicated to Myanmar, and certainly not North Korea. As we reported in April, one way to access Myanmar is through Thailand. "Thailand is Myanmar's largest export market and second largest import market, the latter of which is set to boom with an easing of import restrictions and a progressively freer Myanmar market."
The way to invest in Thailand is through the MSCI Thailand Investable Market Index Fund (THD). This allows you to indirectly profit from Myanmar, and directly benefit from Thailand's business relationship with the country."
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