Posts

Showing posts with the label Precious Metals

Analysis: China poised to set gold market alight as it opens up

Image
Analysis: China poised to set gold market alight as it opens up By Lewa Pardomuan and Langi Chiang SINGAPORE/BEIJING | Thu Aug 5, 2010 12:32pm EDT (Reuters) - China's moves to free up its gold market open the way for foreign players and local banks to tap growing demand for the precious metal, offering citizens a more attractive investment and promising to boost the country's clout over global prices.

Commodities - Is Gold Pointing to Lehman Mark II? - CNBC

Image
Commodities - Is Gold Pointing to Lehman Mark II? - CNBC Gold and oil prices are flashing warning signals that this summer may look more like the summer before the collapse of Lehman Brothers than the one that preceded the onset of the crisis in 2007, according to Simon Derrick, head of currency research at Bank of New York Mellon. ...

Heavy Metal Jacket For Defensive Investors - CNBC

Image
Precious Metals: Heavy Metal Jacket For Defensive Investors - CNBC Given the uncertain economic climate, is gold a sound investment? “Gold has a place in almost every investment portfolio as a hedge or safety mechanism,” says Burton Rothberg, Ph.D., a former senior trader with Commodities Corporation, who has invested in the gold markets for decades. ...