Six years long traders and investors trying to calculate how much gold China possess. The announced results on Friday however were disappointing. China had bullion assets to about 1,658 metric tons,…
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There are plentiful reasons next week to be cautious in the markets. Traders buckle up, the global economic roller coaster begins. The euro zone finance ministers are working trough the…
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The finance ministers of euro zone said they were unlikely to finalize a deal on the framework of a third Greek bailout, cutting off Greece from the badly needed cash…
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The global economy has ‘serious problem’ due to the reckless U.S. borrowing told Russian President Vladimir Putin while at the same time defending Greece as the victim of the…
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The drowsy oil market since 2013 will seemingly continue in the next six months as well. The $5 crude range is the narrowest in 19 months while the volume was the lowest…
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Alexis Tsipras is betting against the odds: further displeasing Angela Merkel. Angela Merkel’s discontent paved the way for the former Italian prime minister Silvio Berlusconi and Greek leader George Papandreou to…
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European shares made a big jump on the markets today after information spread about the Greece –IMF negotiations progress. “A deal could be reached” is the sentence that gave wings…
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The commodity, reprocessing and the developed country exporters have to become accustomed with the fact, that China’s economy is slowing down. This year the demand from China has weakened considerably. …
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Alexis Tsipras and his left oriented government had a much fulfilled day yesterday. In a joggling game to make peace with both the International Monetary Fund and their own people,…
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Friday was third day in a row in which gold stock made profits. Compared to Tuesday, now it’s on a twenty dollars higher place. It was expected, especially after the…