Articles related to Dubai
 
Alasdair Macleod - Finance and Eco.
Trade Wars
An overt trade war has commenced. President Trump has fired the starting gun, setting in motion an election promise, part of his Make America Great Again undertaking. It is a blow squarely aimed against China, costing China some trade perhaps, but basically a loser’s last roll of the dice.The back story appears to be far deeper than some relatively minor tariffs on steel and aluminium would suggest. It comes after a prolonged period of shadow-boxing between America in the blue corner and Russia
Friday, March 9, 2018
Stewart Thomson - Graceland Update
Gold $1310: Buy Zone Of Champions
Gold is showing solid rallies from my $1310 area buy zone (basis April futures). From both a love trade and fear trade perspective, the fundamental picture is becoming more positive. I’ve repeatedly highlighted the fact that while America has the world’s richest economy, China’s economy is vastly bigger. Courtesy of the Visual Capitalist, this snapshot of Chinese commodity demand should provide a significant confidence booster shot for investors. The huge demand puts a floor of support unde
Tuesday, March 6, 2018
Mark O'Byrne - gold.ie
Gold Corridor From Dubai to China Sought By China
– Gold corridor from Dubai to China sought by Chinese Gold & Silver Exchange Society– New Asian gold trading corridor could boost demand for 1 kg gold bars– Should increase turnover for yuan-denominated gold coins and bars – President – Secure supplies of physical gold from Middle East and Asia for China – China positioning itself as leading gold trading and owning nation by  The Chinese Gold & Silver Exchange Society (CGSE), Hong Kong’s gold exchange, is in talks with Singapore, Myanmar and Dub
Tuesday, February 27, 2018
Chris Powell - GATA
Hong Kong exchange wants gold trading corridor along 'Belt and Road'
The Chinese Gold & Silver Exchange Society, Hong Kong's gold exchange, is in talks with Singapore, Myanmar and Dubai to establish a gold commodity corridor to promote yuan-denominated products under China's Belt and Road Initiative, according to its president Haywood Cheung Tak-hay. The gold commodity corridor could be formed by establishing an integrated infrastructure network by using Hong Kong as a base, and connect the proposed bonded warehouse in Qianhai with commercial users and precious m
Tuesday, February 27, 2018
Oilprice.com - oilprice.com
Bitcoin Was Only The Beginning…
Upset that you missed the boat on the bitcoin craze last year? Millionaires were minted overnight as bitcoin returned 1,700 percent in 2017, only to see prices crash by more than half since December. The bubble seems to have popped, and not everyone got out in time. While we may be past the peak temporarily, the cryptocurrency trend is just getting started, and investor enthusiasm is still growing by the day. (Click to enlarge)While the bitcoin investment boat may have already set sail, it’s lik
Thursday, February 15, 2018
Oilprice.com - oilprice.com
The World’s Most Expensive Oil
When asked about the most expensive oil grade out there, those working in the oil industry are caught blindsided because there’s no easy way to answer this question. The price of crude oil is determined by its physical characteristics (low-density, low-sulphur grade blends generally cost more, but there are several exceptions to this rule), classic supply-demand conditions, distance from main marketing outlets and trading hubs, potential risks and general market sentiment. To make matters even m
Wednesday, January 10, 2018
Mish - Global Economic Analysis
Criminals Drop Bitcoin for Monero
Criminals now prefer Monero over Bitcoin because Bitcoin can be traced.Bloomberg reports the Criminal Underworld Is Dropping Bitcoin. Bitcoin is losing its luster with some of its earliest and most avid fans -- criminals -- giving rise to a new breed of virtual currency. Privacy coins such as monero, designed to avoid tracking, have climbed faster over the past two months as law enforcers adopt software tools to monitor people using bitcoin. A slew of analytic firms such as Chainalysis are gett
Wednesday, January 3, 2018
Chris Powell - GATA
The criminal underwold is dropping bitcoin for another cryptocurrency
Bitcoin is losing its luster with some of its earliest and most avid fans -- criminals -- giving rise to a new breed of virtual currency. Privacy coins such as monero, designed to avoid tracking, have climbed faster over the past two months as law enforcers adopt software tools to monitor people using bitcoin. A slew of analytic firms such as Chainalysis are getting better at flagging digital hoards linked to crime or money laundering, alerting exchanges and preventing conversion into traditiona
Tuesday, January 2, 2018
Alasdair Macleod - Finance and Eco.
2018 could be the year for gold
We approach 2018 having seen the seeds planted in recent years for a monetary revolution. They include the massive world-wide expansion of credit and debt since the last credit crisis, and the advent of potentially disruptive cryptocurrencies. Geopolitical shifts of tectonic scale have occurred, hardly noticed by the ordinary person. That was until now. We are now on board a train which is gathering speed towards its buffers: the end of dollar hegemony and its potential collapse.It might take a
Thursday, December 21, 2017
Graham Summer - Gains Pains & Capital
The Most Outlandish Gold Products You Can Buy
Submitted by BullionStar.com BullionStar would like to thank all our friends and customers for supporting us during 2017, and to wish all of you a Merry Christmas and a Happy New Year! To wrap up the year, we have published this light-hearted article about outlandish products made from gold. Throughout the world, many luxury good companies vie for attention in producing luxury products made from gold, plated with gold, or with substantial gold content. These products tend to be very opulent and
Thursday, December 21, 2017
Mac Slavo - ShtfPlan
How To Get Bitcoin In Your Stock Portfolio
This report is an ADVERTISEMENT from Oilprice.com 2017 has undoubtedly been the year of bitcoin, breaking $1000 dollars on New Year’s Day before rocketing up to $15000 in early December. That’s a return of 1500 percent! And as market fascination grows, investors are beginning to understand the real secret behind bitcoin’s success – the blockchain. Blockchain is transforming markets with bitcoin, but that is only the beginning – it could soon change the world. To understand how, you must first u
Wednesday, December 20, 2017
Bullion Vault
Gold Bullion Nears 4-Week Friday Low as 'No Way Currency' Bitcoin Rallies, Turkey-US Tensions Worsen
GOLD BULLION prices gave back a rally against the US Dollar on Friday to head for their lowest weekly close in four as European stock markets retreated, relations between Turkey and Nato ally the US worsened again, and Bitcoin rallied 6% below this week's new all-time record high. Falling back to $1273 per ounce at lunchtime in London, wholesale gold bullion bars began December 10% higher for 2017 to date against the Dollar, but was lower from N
Friday, December 1, 2017
Jan Skoyles - GoldCore
Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape
– Gold versus Bitcoin: The pro-gold argument takes shape – Why cryptocurrencies will not replace gold as a store of value – Similarities between crypto and gold but that does not make them substitutes – Gold remains a highly liquid market, cryptocurrencies continue to be fragmented and difficult to spend – Bitcoin does not make it an effective hedge against stocks This weekend saw bitcoin shoot up over $8,000 and Bloomberg covered how some preppers were turning to bitcoin over gold. Does this m
Tuesday, November 21, 2017
Sprott Money
Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape - John Rubino
Sound money advocates who love the concept of cryptocurrencies but don’t want to abandon precious metals have been trying to clarify their thoughts of late. Risk Hedge just helped, with a comprehensive statement of the pro-gold position. The following is an excerpt. Read the full article here. All the Reasons Cryptocurrencies Will Never Replace Gold as Your Financial Hedge Despite what the crypto-evangelists will tell you, digital tokens will never and can never replace gold as your fin
Monday, November 20, 2017
Chris Powell - GATA
Hong Kong gold trade linked to Shenzhen; Dubai, Singapore, Myanmar next
By Enoch Yiu South China Morning Post, Hong Kong Friday, November 3, 2017 http://www.scmp.com/business/commodities/article/2118346/900-kilos-gold-... Nine hundred kilos of gold, worth 300 billion yuan (US$38.45 billion) swapped hands on Friday evening in the first cross-border trading under the newly launched "Gold Connect," which links the gold markets of Hong Kong and Shenzhen. The first trades were made after a ceremony hosted by Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor and Haywoo
Friday, November 3, 2017
Alasdair Macleod - Finance and Eco.
Oil for gold – the real story
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing gold futures priced in yuan, an oil exporter to China contracting to accept yuan could use these two futures contracts to take delivery of physical gold in payment for oil.I was quoted in that article as follows:"It is a mechanism which is likely to appeal to
Sunday, October 15, 2017
Przemyslaw Radomski CFA - SunshineProfits
Tokenization of Gold
The Blockchain technology enables tokenization of gold. What does it mean for the precious metals market? Usually, investors consider precious metals and cryptocurrencies as substitutes, as the value of both asset classes depends on the level of faith in the national fiat currencies. However, a few cryptocurrencies backed by gold exist, potentially creating some synergies. For example, there is OneGram, which is a sharia-compliant cryptocurrency backed by gold. It means that each token is backed
Friday, October 13, 2017
Jan Skoyles - GoldCore
U.S. Mint Gold Coin Sales and VIX Point To Increased Market Volatility and Higher Gold
– US Mint gold coin sales and VIX at weakest in a decade – Very low gold coin sales and VIX signal volatility coming – Gold rises 1.7% this week after China’s Golden Week; pattern of higher prices after Golden Week – U.S. Mint sales do not provide the full picture of robust global gold demand – Perth Mint gold sales double in September reflecting increased gold demand in both Asia and Europe – Middle East demand likely high given geopolitical risks – Iran seeing increased gold demand and Iran’s
Friday, October 13, 2017
Alasdair Macleod - Finance and Eco.
The forthcoming global crisis
The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle.Most national economies are directly boosted by China, the important exception being America. This is confirmed by dollar weakness, which is expected to continue. The likely trigger for the crisis will be from the Eurozone, where the shift in monetary policy and the collapse in bond prices will be greates
Thursday, September 21, 2017
Alasdair Macleod - Finance and Eco.
Follow the money
Since 2009, equities and other financial assets have climbed a wall of worry. Initially, it was recovery from the threat of a complete financial collapse, before the Fed saved the system once again.Systemic collapse continued to be on the cards, with European banks at risk of bankruptcy. We still talk about this today. More walls of worry to climb.The global economy has not imploded, as the bears have consistently warned. Systemic and other dangers still exist. The bears now point to excessive v
Thursday, August 3, 2017
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