The big Apple news last week was the introduction of three new phones including their most advanced iPhone X. One of the best services I subscribe to is Technology & Opportunity, T&O covered the news and described the introduction of the new way to unlock the phone using “Face ID.” It uses an array of sensor components that measure both
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I believe this news announced on Friday, September 1st in the Nikkei Asian Review is a real game changer. China is expected shortly, meaning between now and the end of the year, to launch a crude oil futures contract priced in yuan and convertible into gold. The contract could become the most important Asia-based crude oil benchmark, given that China
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Is the Stock Market Overvalued? ZeroHedge wrote recently, “Looking back through more than a century of financial data, the long-term average P/E ratio for the S&P 500 has been about 15. As of February 23, the P/E ratio for the S&P 500 stock index reached 26.5. That’s high – more than 75% higher than the long-term average. More importantly, since the
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“Gold jumped nearly 5 percent on Wednesday to its strongest in six weeks as investors snapped up safe havens with Republican Donald Trump winning the race for the White House over Democrat Hillary Clinton. It marked gold’s biggest single-day gain since June 24 when it rose as much as 8 percent when Britain decided to leave the European Union. It
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What about if Trump actually wins, and implements the policies he’s announced during his campaign?
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Investors will likely pile on the bullion and boost the price of gold if Republican Donald Trump looks like he might win the White House, as a hedge against global financial uncertainty. Spot gold slipped 0.1 percent to $1,336 an ounce Monday morning in London, with gold futures falling 0.2 percent to $1,339.9 an ounce, ahead of the evening U.S.
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A vote has been cast and now the world is left to wonder what it means and when it happens. Casper von Koskull, Nordea Bank AB CEO says there are “a lot of uncertainties” regarding the process which has rocked the EU. The man running the Nordic region’s biggest bank says the European Union needs to brace itself for the
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