More Recent Posts - Page 183

China and Gold: An Insatiable Appetite

China’s financial institutions are just reopening after a traditional week off for celebrating the New Year. However, Chinese officials have been watching the global markets closely during this period, and observers are anxious... Read More »

Price of Gold Weekly Recap: February 8 – February 12, 2016

This week was another all-star week for gold, proving that the rally beginning at the start of 2016 so far isn’t temporary. Monday opened the week hitting a 7 ½-month high above the... Read More »

Chinese Group Buys Chicago Stock Exchange

It was recently announced that the Chinese-owned Chongqing Casin Enterprise Group purchased1 the Chicago Stock Exchange (CHX), a more than century-old Chicago institution. Industry players point out the exchange is actually a small... Read More »

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Iran Begins Pricing Oil in Euros Instead of Dollars

The already complex financial world added yet one more complexity recently. While the full impact is not yet understood, the Iranian government called for payment of new and outstanding oil sales in euros... Read More »

Low Oil Prices Could Signal Another Market Crash

Today’s oil prices provide consumers with a nice gift at the gasoline pump as the price-per-gallon continues to decline. But for the energy industry, the drop in demand for oil coupled with burgeoning... Read More »

Price of Gold Weekly Recap: February 1 – February 5, 2016

This week showed that gold still glitters, as traders watched the price of gold take off on safe haven demand against a basket of troubled economic factors. Monday started the week with weak... Read More »