The fall from grace of one of the country’s oldest banking groups & the family that founded it has practically erased signs of its one-time dominance
Australia’s Black Economy Taskforce has come up with a list of 35 “consumer-focused” proposals to crack down on cash.
Britain's economic outlook has been downgraded, BoE's Mark Carney explains why
A COLLECTION of Nazi treasure valued at over £500million pounds has been pinpointed in a Bavarian wood....
Silver production in Chile plummeted 32% in May.This precipitous drop in output in the world's fifth largest silver producing country is part of a broader trend of falling production and tightening silver supply.According to reporting by Seeking Alpha citing Chile's Ministry of Mines, the country’s silver production in May fell to 97.1 tons compared to 141.9 tons in May 2016.
You can call London the City of Gold.According to figures released by the London Bullion Market Association (LBMA), as of March 31, vaults in London held 7,449 tons of gold. That's the equivalent of about 596,000 gold bars. The value of the yellow metal stored in London vaults is close to $300 billion.London is also home to 32,078 tons of silver valued at $19 billion. That's roughly the equivalent of 1,069,255 silver bars.The amount of gold in the city underscores its position as the world's biggest gold trading center.
Dinner starts at $395 a head, but Biggerstaff said it averages much closer to $500 to $600 with beverages and tax.
We finally know how much gold (and silver) is held in one of the world's major metal-trading centers.
Now the magician's tricks are laid bare for all to see
According to The Federal Reserve's Assets and Liabilities of Commercial Banks in the United States - H.8, released last Friday, commercial and industrial (C&I) lending and real estate (RE) lending at commercial banks continues to decline YoY. C&I lending is growing at less than 2% YoY during July 2017. In the real estate lending category,…
Currently, things could not be better. Stocks are hitting all time highs. Confidence is at record levels, and investors are "all in." But maybe it is just
I strongly recommend that everyone should keep 30 days worth of cash to cover your basic needs.
Puerto Rico, which recently filed for bankruptcy after debt defaults, has investors worried that the U.S. Virgin Islands might be next.
Investors have been bracing for a Venezuela debt default for more than a year, but fallout from the country's widely criticized election last weekend could prove to be the tipping point.
Michael Oliver returns this week to provide his usual guidance on the precious metals and related markets.
The story of China’s economic development is to a great extent one of unsustainable, centrally planned growth specifically in terms of GDP
The reason for the frenzied flight to safety should come as no surprise...
These are not the seven words we would have used...
Economics is haunted by more fallacies than any other study known to man. This is no accident.
This time bomb is ready to blow and Egon has some targets for gold and silver investors