The Commitment of Traders report – perhaps the best leading indicator for gold prices – delivered the second piece of evidence: a staggering 70% spike in "red flag" futures trading. And the third and fourth pieces of evidence just arrived. But before …
At one point we thought we were alone in believing that eventually we would see a confiscation of citizen's gold in one or more countries. Then we saw the confiscation of deposits in Cyprus in line with a “bail-in” policy. While this was a banking …
Gold steadied on Wednesday after dropping more than 1 percent in the previous session, but worries over when the U.S. Federal Reserve would begin tapering its bullion-friendly stimulus continued to drag on prices. The Fed's bond buying is tantamount to …
Although his name rarely occampanies contemporaries like Oscar Robertson and Jerry West in discussions of the best players of the '60s, Hall of Famer Jerry Lucas was one of the central players of the era. An amateur legend both in high school and at …
Traders hold back big bets on strong U.S. data * U.S. economic performance remains mixed – Fed official * India increases gold duty again (Recasts, updates prices) By A. Ananthalakshmi SINGAPORE, Aug 14 (Reuters) – Gold steadied on Wednesday after …
SAN FRANCISCO (MarketWatch) — Gold futures edged higher Wednesday but gains were modest as the market came off a sharp decline in the previous session. Gold for December delivery (CNS:GCZ3) was up $5.30, or 0.4%, at $1,325.80 an ounce on the …
Indeed, rising inflationary pressure, driven by the recent currency devaluation, have seen a significant slowdown in real credit growth and taken a toll on real wages. Both dynamics point towards a slowdown in real household spending. Real private …
It is becoming apparent that our future roadmap is also an extremely important competitive factor. Soon, we'll be introducing … Finance expenses in Q1 was $2.2 million, which includes a $900,000 currency devaluation in Argentina. We expect this to be …
BERLIN (Reuters) – The German government is not concerned about competitive devaluation, which finance ministers have discussed at recent meetings, and there is no threat of a looming global currency war, Germany's Deputy Economy Minister told …