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Obama nominates a republican and democrat pair to bolster financial and economic expertise of Federal Reserve Board.
Continue Reading →There are obviously a lot of voices in the gold market globally, but the vast majority of those are focused, unfortunately, on the price return or the price trajectory of gold. Of all of us in this audience, we’re not constructing portfolios solely on price return. So we are looking at what is the portfolio implication of allocating to gold.
Continue Reading →Twelve percent of demand for gold comes from industry. It goes into technological applications. So that’s a more surprising figure than I think people would expect. That’s $20 billion worth at comp prices. Clearly, some industrial end users are finding that the valuable technical properties of gold gives them the benefits that they need in their particular industry.
Continue Reading →One of the most fundamental shifts that we’ve seen in the gold market over the past couple of years has been in the behavior of central banks. I’ll look at what’s driven that, I’ll look at what’s motivated the shift in behavior and then I’ll try to talk as much as I can about the futures. I’ll also address the issue of European gold sales as I go through the presentation.
Continue Reading →Belgium, Portugal and Hungary saw credit ratings lowered last week sending yields on government bonds up.
Continue Reading →“I would much rather provide senior management with critical information on a timely basis and come to the wrong conclusion than fail to provide them information that alerts them to a potential danger”
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