Archive - Jun 19, 2014 - Blog entry

When it comes to disruptive technologies, being pro-active rather than re-active is a far smarter strategy.

An interesting dynamic taking place in financial markets on Thursday as Gold saw some substantial buying interest up $22 to the $1295 an ounce area. 

Gold has surged over $41 and silver over 70 cents to over $1,314 and $20.46 per ounce or 3% and 4.2% respectively as oil ticks higher on the tinder box that is Iraq ... Faber recently said how he will “never sell his gold”, he buys “more every month” and believes storing gold in Singapore is "safest”.

An interesting chart to look at, is the CLMI vs the SPX.

Missing me now?

Having a ball...

I foresee over 35% of Wall Street jobs disappearing over the next 10 years, even as traders bring arbitration suits to Goldman Sachs complaining that they didn't get their full $17M bonus last year. One of us is very, very mistaken!

China Gold, China’s largest gold conglomerate with primary interests in mining and also refining, is on the hunt for global acquisitions and partnerships and  appears to have designs on becoming a kingmaker in the global gold market ... We are witnessing a paradigm shift as gold moves from the West to China and the East. The ramifications of that paradigm shift have yet to be appreciated.