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To add liquidity to the gold market, many central banks provide gold to bullion banks and commercial banks with proprietary gold trading desks. According to the World Gold Council, bullion banks are investment banks that …
FWIW – Been a while since Shepherd was featured…
Excerpts Jim Shepherd Nov “Promo” Letter
SUMMARY:
1. Stocks are soon to plunge, mapping out a pattern similar to what happened in the 1930 – 1932 period
2. The big opportunity in gold and ot…
From the goldseek website….
In 2008, America suffered a massive economic heart attack. Its doctors, thought to be the world’s best, believed the US to be in good health, having recovered from a similar though smaller crisis in 2000.
But America …
Mystery trader captures 80pc of London’s copper market
. . .
The large position is not the only reason the copper price is high.
There are fears of a shortfall in supply next year, as mining production is not expected to keep pace with rebounding d…
12 Oct, 2010, 02.54PM IST,PTI
US Fin inst to pay $144 bn in compensation, benefits in 2010
NEW DELHI: About three dozen of the top US financial institutions are set to pay a record USD 144-billion in compensation and benefits this year, a 4 per cent…
