The British have recently seen two unpleasant examples of the cost of pension fund deficits. A deficit at British Steel, estimated to be about £485m, was followed by a ... Read More
GOLD is turning down sharply for the last few weeks with increasing bearish momentum, so we see metal now making an impulsive drop from the highs. However, despite a ... Read More
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest ... Read More
For years now, the easiest way to finesse a debate over whether precious metals markets are manipulated has been to say, “well, if they’re not manipulated they’re the only ... Read More
When panic and fear dominate financial markets, gold and silver both tend to rapidly rise in price. We witnessed this during the last financial crisis, and it is starting ... Read More
Crude OIL Crude oil is trading higher, after breaking above 35.94 at the start of the month which suggests that wave four can be making a flat correction. That’s ... Read More
Gold to average $1,200 through 2016 Analysts revise price forecast as gold posts stellar performance in the first two months of the year Gold, which has staged a stellar ... Read More
Major Asian markets lost their positive momentum on Friday, largely ignoring another upward finish on Wall Street overnight. Japan’s benchmark Nikkei 225 was flat, while South Korea’s Kospi was down 0.14 percent. Chinese ... Read More
Gold still in vogue as fund flows counter risk appetite revival * Gold has risen 17 pct this year, not far below 1-year peak * Market eyeing Friday’s U.S. ... Read More
Gold prices are trading higher on investor jitters, as lower oil prices and falling equity markets increase the appeal of this haven asset. Spot gold is up 0.55% at ... Read More
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