There are two ways to form money: you making money (through your daily job/work) or money making money. Investing has your money make money for you, and is that the only thanks to make money 24/7 while you sleep. The goal of investing money is straightforward – to extend your financial resources and compound them […]
Supply side issues continue to drive sentiment in the crude oil market, strategists at ANZ Bank apprise. “Saudi Arabia aims to pump just under 7.5mb/d in June, compared with its official target of 8.5mb/d. This would take its output to the lowest level since mid-2002. The United Arab Emirates also announced it would cut by […]
Futures prices trade over 15% higher this year Gold prices look to end the year more than 15% higher, on track to post their biggest annual climb in nine years. “Gold has seen considerable safe haven buying from investors concerned [over] low and negative yields in the bond market and fearing a possible downturn […]
If the stock markets plunge and the world economy becomes compromised, one hard asset normally has its moment to shine in the spotlight. In recent weeks, as markets worldwide have corrected sharply and a full-blown trade war between two of the globe’s powerhouses – the United States and China – looks increasingly likely, the gold price […]
It’s bonus day at HSBC today. Following the unexpected departure of Matthew Westerman, the ex-Goldman Sachs head of HSBC’s global banking group in November last year, all eyes are on how much HSBC pays its investment bankers. The compensation report accompanying today’s annual report suggests HSBC might actually pay them quite well.
Campaigners accused the EU of going soft on tax dodgers The European Union has taken eight countries off its tax havenblacklist after they apparently took measures to “remedy” EU concerns about their approaches to tax dodging. Panama, Barbados and Grenada were among states that fell off the list, which now numbers only nine nations – amid claims […]
Goldman Sachs and Morgan Stanley would have you believe that the methods they use to pick their new managing directors are unique and the traits they want them to possess are similarly distinctive. Truth is, they are actually very similar.
Barclays won’t announce bonuses for a few more weeks yet, but it’s not that long before people in its investment bank will find out what they got for 2017. This hasn’t dissuaded two of Barclays’ most senior European government bond traders from leaving.
There are different approaches you can take with your portfolio. Each will give you losses or wins in the market. Determining how the market is moving and knowing when to change your position is essential to profitability.
When it comes to investing in precious metals, gold usually gets most of the attention. But silver — and silver mining — may now be the better bet. In early 2017, gains on silver were nearly twice those on gold — and both beat the S&P 500.