Gold: is this time different?
On September 6, 2011, the gold price reached its highest value, marking a high in the day of 1.920,30 usd. If we look to a historical chart, we can see […]
Finance
Cum Ex: the tax fraud by €55 bn for Europe
A gigantic years-long tax scam saw banks drain 55bn euros ($63bn) from national treasuries in Europe, a far larger sum than previously thought, media from across the continent reported on […]
Forex: USD/CAD bullish momentum
Upside risks prevailed in the market on Wednesday, thus sending the US Dollar to surged by 0.70% against the Canadian Dollar. The currency pair dashed through a resistance cluster formed […]
Oil prices: Iran is the biggest factor
Crude oil prices have kept rising since the beginning of the year, even managing to reach record highs that were last seen in November 2014. What is surprising is that […]
Hungary is buying gold
For the first time since 1986, Hungary’s central bank is buying gold—in bulk. Tuesday, the Eastern-European country announced that it had boosted its gold reserves ten-fold, up to 31.5 tons […]
BREXIT: What’s in it for us?
Much has been said about the shape of things to come, post the Brexit referendum of June 2016, and considering that Article 50 took its time to be invoked, most […]
Uber could be the big IPO of 2019
Uber could receive a valuation of as high as $120bn in its upcoming initial public offering, almost double the price-tag the ride-hailing company landed in August. The proposals from US […]
US-China Trade War: currency manipulation the next step
The US already has a trade war with China on its hands. Recent signals from the Trump administration suggest it may be gearing up to accuse China of currency manipulation, […]