Archive - Jan 9, 2014 - Blog entry

Phoenix Capital Research's picture

The Legends Are Bailing on the Markets… For Good Reason





These men are masters of the capital markets. They are voting with their feet and pulling their capital out of them. Given that their personal compensation is closely linked to assets under management and profit sharing, this decision is akin to the choice to forego additional wealth that could be made quite easily (none of these individuals would have trouble raising several billion more in capital) rather than trying to find opportunities in a challenging market.

 

GoldCore's picture

Royal Mint Runs Out of Sovereign Gold Coins on “Exceptional” Demand





Gold is slightly higher today but lower this week. Investor sentiment remains extremely bearish but physical buyers continue to accumulate at these low prices. The UK Royal Mint has run out of 2014 British gold sovereigns due to unprecedented demand.

 
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