News

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…