Contributing Editors' Blog Entries

Pivotfarm's picture

Alibaba and the $40 billion

Isn’t it fitting that the original story was Ali Baba and the Forty Thieves? But, this time round the modern day version of the Chinese story with Alibaba and the Initial Public Offering that has been programmed for in or around August 2014 will be the biggest IPO this year and will bring in the staggering sum of $40 billion for its employees.

GoldCore's picture

Gold surged 1.6% in euros to €928/oz after the historic ECB announcement to adopt negative interest rates. Cheap money, financial repression and currency debasement are classic recipes for short term financial and economic gains. Throughout history, they have been the easy options for emperors, kings, queens and governments. They are the easy option for the ECB and central banks today.