London Bullion Market Association has reported a sharp decline in its gold and silver trading activities during April despite higher prices.
Category: News
‘Titanic’ Global Economy May “Collapse” Warn HSBC – Gold Is Lifeboat
-“The world economy is like an ocean liner without lifeboats …” – HSBC – Four areas of high risk identified by HSBC – Risk of stock market crash – Pension funds and insurers may not meet obligations – Chinese recession may drag U.S. into recession or depression – Premature rate rise would expose very fragile […]
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Snap innovations becomes approved ISV on Dubai Gold and Commodities Exchange
Singapore-based Snap Innovations has connected its hosted infrastructure to DGCX to deliver low-latency trade execution and algorithm trading, boosting the Exchange’s connectivity with Asian markets. The company will provide customized solutions to the…
India’s polished Diamond exports fall 11.03% Y Y in Apr: GJEPC
In volume terms, polished exports declined 5.73% to 2.524 million carats in April as against 2.677 million carats in April 2014.
Spend Just 71 Seconds Learning Why We Must Stop Iran
President Obama Must Stop Putting Politics Before Legacy
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Silver may outperform Gold this year
The stronger performance of silver over the past month has prompted the gold/silver ratio to revert towards its long-term average, albeit still trading 11% above it, said commodity economists at Capital Economics.
Gold Bullion “Less Sexy” Than Bitcoin … For Now
– “There is a global financial bubble” – Stock markets and bond markets at all time record highs – Medium to long term, gold’s “fundamentals look very sound” Wilfred Frost of CNBC: Do you think markets are adequately pricing in the risks that are present around the world today, particularly in Europe and the gold […]
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Obama’s trade allies scramble to line up 60 Senate votes
WASHINGTON (AP) — Supporters of President Barack Obama’s trade agenda are scrambling to keep Senate foes from killing it Thursday before a full-blown debate even begins. They need 60 votes in the 100-member Senate to keep a mostly Democratic-driven filibuster
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Latest on California oil spill: Governor declares emergency
6:45 p.m. (PDT) Gov. Jerry Brown has declared a state of emergency in Santa Barbara County over the coastal oil spill. The move Wednesday night from the governor frees up emergency state funding and resources to help in the cleanup
The post Latest on C…
Ukraine lawmakers suspend military cooperation with Russia
KIEV, Ukraine (AP) — Ukraine’s parliament has voted to suspend military cooperation with Russia in a long-anticipated move signaling a further break in relations between the once-close partners. The five cooperation agreements scrapped Thursday by the Verkhovna Rada include one
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