Market Turmoil Linked To Credit Suisse Has Spurred Demand For Haven Assets
The best performing precious metal for the week was silver, up 10.16%, in response to the strong move in gold.
The London Metal Exchange Rocked by New Nickel Scandal After Finding Bags of Stones
THE London Metal Exchange (LME) has discovered bags of stones instead of the nickel that underpinned a handful of its contracts at a warehouse in Rotterdam, in a revelation that will deliver another blow to confidence in the embattled exchange.
Uninsured Deposits by Bank
There are now a total of $8 trillion in uninsured deposits in the U.S. Roughly 40% of all deposits are uninsured.
China Finds Huge High-Quality Gold Mine; Deposit Will Yield Critical Resources
China has discovered a super-large gold deposit, the Xilaokou gold mine in Rushan, East China's Shandong Province, with an estimated reserve of 50 tons, China Media Group reported on Saturday.
Argentina’s 100% Inflation Is Wearing Down Its Top Companies
Inflation of more than 100% in Argentina is erasing the advantage the country’s top companies used to have by booking revenue in US dollars.