The “coordinated smashdown of gold and silver” was on everyone’s mind this week, but is it true? Did the price of paper gold (futures) divorce from the price of physical gold? One thing is for sure, the dollar gained from 21g to over 22g of gold on Friday. A 5% move in the world’s biggest paper currency is a big move.
Good morning, dear reader! Stocks are rallying across markets as opinion seems to sway in favour of a 'Bremain' vote in the UK. RBI Governor Rajan says protections in place against Brexit jitters but George Soros has sounded the alarm bells for the pound. Here's wrapup of these and other major triggers that would have changed your market while you were sleeping. US, Europe markets rally: European and US stocks markets rallied in overnight trade, logging theirbiggest gains in three months, after latest polls in the UK showed that 'In' campaign had taken up commanding position.
NEW DELHI: The S&P BSE IT index, which has managed to outperform the benchmark equity indices by rallying nearly 10 per cent so far in 2015, may not be able to sustain the momentum, experts warn. They are of the view that the IT sector is a safe bet, but it might not be the sector where big money can be made. There is limited upside left in the sector and investors will be better off investing in cyclicals. "Very clearly a paradigm shift is taking place. The old model is changing, which will cost a lot.
By Stock Croc:With the recent volatility prevalent in the international stock market, leading investors are in a fix when it comes to investing in a safe stock. As of late, many investors have found it an ordeal to determine which company has the capacity to pay long-term returns on investment and which does not. This is because stocks investments have traditionally involved a high level of planning and assessment because of the manifold risks involved.
By The Gold Report:Market volatility sets the stage for price upswings as well as downswings, according to Michael Gray, equities analyst of Macquarie Capital Markets, and the recent gold price drop should be seen as a "pause" in the bull market. Management teams are pausing as well, to focus on earnings and shareholder return, rather than growth.