(BANGKOK: Many traders put $300,000 at a time on the counters of the hundreds of gold shops here in the city). We want to hear what is going on in your area of the world… whether it’s about precious metal availability or premiums, inflation, political events, important local news, employment/job…
By Tekoa Da Silva — While mainstream news sources continue the war against gold and gold-related investments, three of the world’s top performing hedge fund managers have been busy at work building speculative gold positions during the first quarter. George Soros, John Paulson, and Steve Cohen, who in aggregate control…
SINGAPORE, May 16 (Reuters) – Premiums for gold bars rallied to all-time highs in Hong Kong and Singapore on Thursday after bullion’s steepest drop since its April sell-off fuelled another round of buying, constricting supply. Gold bars in Hong Kong fetched premiums of up to $5 an ounce over spot…
The recent takedown in the price of gold has created huge demand for physical bullion worldwide. India’s wholesale buyers are only receiving a tenth of the gold imports that they have ordered. According to The Economic Times India article: Haresh Soni, chairman of the All India Gem and Jewellery Trade Federation,…
It looks as if the some of the top university endowments are cutting back their U.S. Treasury exposure in a big way — in some instances down to zero. At one time, U.S. Treasuries were the core holdings in most of the university endowments. According to CNBC-Financial Times article: Many…