Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
TheBestCoach.Com

Retailers expecting boom in cashmere as consumers seek luxury
the-japan-news.com

While the products are expensive, retailers expect Abenomics to lure consumers to enjoy “a bit of luxury,” according to one Sogo & Seibu employee. The sale of down jackets, which have played a central role in autumn and winter fashion over the past few …

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Govt shelves hike in import duties on luxury goods
www.moneycontrol.com

The DEA (department of economic affairs) secretary on Friday explained that with the import duty hikes in gold, silver and platinum, the increase in import duties on high-end luxury goods and electronic goods may not be required anymore. Clauses in the …

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Jumping The Queue: Social Recommendation Evolves In China
www.jingdaily.com

Social media has provided luxury brands in China with an easy and measurable way to create lines in front of their “digital storefront”: ramping up the number of fans of their Sina or Tencent Weibo accounts. But as companies cram terms like “fan base …

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Time to look at gold, silver, miners and ETFs?
www.marketwatch.com

SAN FRANCISCO (MarketWatch) — Gold's been extra volatile lately and all the investment vehicles linked or associated with it — from silver to metals-mining equities to exchange-traded funds have been confusing the heck out of investors. Here's what …

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Gold goes East as consumers hoard bullion and jewellery
www.telegraph.co.uk

Ownership of the world's gold shifted further East during the first half of 2013, as Westerners dumped their exchange–traded holdings and, on the other side of the globe, Asian consumers responded to lower prices by adding to their hoards of jewellery …

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PRECIOUS-Gold near 2-month high, heads for best week in a month
www.reuters.com

Gold up 4 percent for the week, best in a month * Technical buying, short covering prop up prices * Shanghai demand strong, premiums jump $3 (Updates prices) By A. Ananthalakshmi SINGAPORE, Aug 16 (Reuters) – Gold hit fresh two-month highs on Friday …

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Gold 'ridiculously oversold,' fund manager says
www.cnbc.com

I think basically if you take a longer view, which is what I always do, the rationale for being in gold is the prospect of monetary debasement," he said. "It was ridiculously oversold." Gold prices have risen 16 percent off its June lows, to log their …

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Italian bank's piles of edible gold
edition.cnn.com

(CNN) — From the outside, Italy's Credem Bank looks just like any other high security operation. And indeed, behind the barbed wire and electronic fence are piles of golden blocks. But they are not made of precious metal — rather, they are ageing …

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Canada Stocks Gain as Rising Gold Price Boosts Commodity Shares
www.bloomberg.com

Canadian stocks rose, sending the benchmark index toward its biggest weekly advance since July 12, after commodities producers climbed as gold prices advanced. Centerra Gold Inc. gained 2.9 percent as the price of the metal traded at an eight-week high.

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