Shanghai Gold Exchange withdrawals for the week were about 46 tonnes. That is about 1,478,516 troy ounces. Year to date withdrawals are about 2,451 tonnes, compared to 2,074 in 2013 which was the previous high for withdrawals. Koos Jansen, The Chinese Gold Market
December 19, 2015
All pundits need something really good or really bad to write about. Few want to read analysis saying the porridge is just right. 2015 was not overall a good year for USA investors. Economically, the USA saw only weak growth. In
Nike (NYSE:NKENike (NYSE: has a name synonymous with sport. The company has a presence in 109 countries. Throughout the years most leading sports stars have signed lucrative deals with Nike. Therefore, the $109.6 billion (market cap) sportswear brand has been able to leverage their
Fundamental Forecast for the Yuan: Neutral Gold prices are down for the second consecutive week with the precious metal off by 0.84% to trade at 1065 ahead of the New York close on Friday. A historic week saw the Federal Reserve move
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Now that the Fed’s rate hike is in the history books and Yellen is eager to demonstrate that the Fed is confident enough in the US economy by unleashing the first tightening cycle in nearly a decade, market participants are dramatically
Market volatility has always been with us. But this market has been different since 1995 when Hedge Funds began to exert price dominance. Prices are set by the dominant market psychology. Since 1995 we have seen wide variations of the SP500
The political status quo just took another hit. In the latest bout of nationalism to sweep across Europe, Marine Le Pen’s Front Nationale party scored unexpectedly strong gains in the recent French regional elections. In the first round of voting, it
It wasn’t a big surprise for the financial markets to see the Federal Reserve hike the interest rate by 0.25% last week, and the stock market moved swiftly higher on the back of this announcement which has removed some uncertainty.
