Gold is one of the world’s top-traded commodities. But futures trading in gold has not been as active as in London or in the United States even though Asia is the largest consumer of the precious yellow metal. This is.. continue reading at commodityonline.com
LATEST NEWS : Silver leads gainers for the second week
NEW YORK (Bullion Street): Silver led gainers for the second week. With its strong correlation to gold and wide industrial usage, investors are becoming more optimistic on silver, said ETF Securities. Evidenced by the latest PMI data, global manufacturing activity is rising, industrial demand for the metal is also looking more po sitive and another supply […]
LATEST NEWS : Singapore to launch gold contract as Asia eyes price alternatives
SINGAPORE, June 24 (Reuters) – Singapore is set to announce the launch of a gold futurescontract on Wednesday, two sources familiar with the matter said, joining a race in Asia to provide a viable alternative to the metal’s global benchmark which is under regulatory scrutiny. The physically settled contract will trade on the Singapore Exchange. This […]
LATEST NEWS : In Gold We Trust 2014
The newest edition of the annual In Gold We Trust report goes again to the heart of gold’s value: gold is a monetary asset rather than an industrial commodity. The In Gold We Trust 2014 report takes a sober look at the big picture in the monetary system and offers a holistic analysis of the […]
LATEST NEWS : After Tripling, Japanese Gold Demand Set For Second Surge
As the world seems to hurtle from one crisis to another, today a man out of Europe who has been extremely accurate with his calls on the gold market sent King World News a fantastic piece which reveals that despite Japanese gold demand already tripling, it is set for another remarkable surge. Below is the […]
LATEST NEWS : It’s Official – German Gold is Staying in New York at The Federal Reserve
A couple of people have made a stink about this post claiming that it is misleading because the prior agreed upon repatriation schedule has not actually changed. That said, anyone who reads the Bloomberg piece will quickly conclude that the article clearly implies something had changed, which is why I made this assumption. In fact, the source article […]
LATEST NEWS : CRONYISM IN THE 21ST CENTURY
There are many other refutations of Capital circulating, most of which address the numerous factual errors and flawed research methodologies in the book, and countering the income equality assertions with observations around how the standard of living generally increases across the board during periods of free(er) market capitalism (such as England during the industrial revolution under the […]
LATEST NEWS : Buying Up the Planet: Out-of-control Central Banks on a Corporate Buying Spree
When the US Federal Reserve bought an 80% stake in American International Group (AIG) in September 2008, the unprecedented $85 billion outlay was justified as necessary to bail out the world’s largest insurance company. Today, however, central banks are on a global corporate buying spree not to bail out bankrupt corporations but simply as an […]