The precious metal is the asset of choice for cushioning market shocks and navigating uncertain geopolitical times. But that’s not the only reason analysts are forecasting an ounce at $3,000 within the next year or two.
Tag: bonds
Iranian officials have been unnerved by the Assad regime’s collapse, with one top general admitting the country was “defeated very badly” in Syria. A shaky ceasefire in Gaza follows 15 month of war in which Tehran’s proxy Hamas was decimated. Will unrest in the region spill over to Iran, where problems — both foreign and domestic — are piling up for the regime?
The modern world conspires to make us fear reflection and solitude, but these might be the rocky paths to a happier life, if we could first stop hating them.
The state of the health of Italy’s economy is of serious global concern. Who do you believe?
Awash in cash, the Swiss National Bank has been making major direct investment in the private sector and the bond market. It’s a frightening level of financial sway.
THE AUSTRALIAN, SYDNEY MORNING HERALD (Australia), LES ECHOS (France), WALL STREET JOURNAL (USA) Worldcrunch SYDNEY – In a major blow to the ratings industry, the Federal Court of Australia ruled on Monday that Standard & Poor’s had misled investors by giving its most trusted rating to instruments that S&P knew to be faulty, the Australian […]