news.goldseek.com / By Nick Giambruno / 30 January 2015
International Man is all about making the most of your personal freedom and financial opportunity around the world. To do this, by definition, you must minimize the amount of money any government takes from you.
Unlike every other country in the world, the US successfully […]
truthingold.com / Dave in Denver / January 19, 2015 at 10:50
Gold is likely to break US$1,300 as investors rush to hedge their risk and buy safe haven assets in the wake of the Swiss currency turmoil.
“People got rid of their dollars and bought gold after the movement of the Swiss franc […]
news.goldseek.com / By Stewart Thomson / 13 January 2015
I expect global jewellery demand to support consistently higher gold prices, well into the month of February. That’s partly because Chinese stock markets had a tremendous performance in 2014. Investors in China appear keen to celebrate the New Year by purchasing enormous amounts of gold jewellery. […]
kingworldnews.com / January 01, 2015
HAPPY NEW YEAR! – Stunning Ways The World Rings In 2015 After a turbulent year, many could be forgiven for saying good riddance to 2014 and gratefully ringing in a new year. Across the globe, revelers looking for a respite from the gloom converged on the beaches of Brazil, […]
zerohedge.com / by Tyler Durden / 12/16/2014 09:39 -0500
Dubai’s Financial Market General Index is now down 40% since the peak in oil prices in June this year. For now, only Qatar is clinging to gains year-to-date as the rest of the Middle Eastern equity markets give up 30-60% gains from mid-year and tumble to […]
zerohedge.com / by Tyler Durden on 11/30/2014 16:30
It’s not just Shale oil stocks in the US that are hurting. Following the OPEC decision to not cut production and squeeze US producers, Saudi Arabia’s major stock market index has tumbled into a bear market, giving up all the year’s gains. As one analyst noted, […]
arabianmoney.net / 30 October 2014
Confused as an investor? Take heart you are not alone. What about the followers of Dennis Gartman recently. He turned negative on stocks while they fell 10 per cent and then after a five per cent rebound decided that was wrong and went bullish.
Are stocks going up or […]
arabianmoney.net / 26 October 2014
This week the Dubai International Financial Centre will be celebrating its 10th anniversary with official celebrations, parties and mutual backslapping. But behind the festivities there are those who ask whether the DIFC can really be judged a success after a decade of operation. Has this English-language financial free zone really […]
arabianmoney.net / 08 October 2014
The big bullion banks have kicked the gold price hard over the past month with huge manipulation in the paper market. But you can’t keep a good guy down for long.
In February experts speaking at a conference in Dubai predicted a boring year for gold absent a major […]
gata.org / By Manoj Nair, Gulf News, Dubai / September 24, 2014
With local gold prices dipping below the 140 dirhams a gram (for 22-karat) level for the first time this year, it was enough to unleash a manic round of buying at jewellery stores in the United Arab Emirates […]
arabianmoney.net / 11 September 2014
Dubai stocks tumbled to their lowest level in seven weeks as participants sold shares to raise funds to invest in the huge Emaar Malls Group initial public offering coming up next week and rumors swirled again about a possible sale of a large chunk of Arabtec stock.
zerohedge.com / by Tyler Durden on 08/12/2014 15:15
Despite Dubai’s recent explosion of speculative fervor (stocks and real estate), and the world’s leaders demanding we believe that global recovery is accelerating, there is yet another awkward anecdotal data point that suggests things are are far from ‘normal’. As Bloomberg reports, Dubai’s hotels had the […]
johngaltfla.com / John Galt / July 20, 2014 08:45
Once again the idea that war(s) is or are good for the Middle East Sheikdoms appears to be a rumor only as the markets in the GCC are getting whacked again, especially in the United Arab Emirates where Dubai is down 5.99%:
zerohedge.com / by Tyler Durden / 06/24/2014 08:22 -0400
Long before there was a Greece (and its existential threat to world order), there was Dubai’s sovereign crisis in 2009 with Nakheel; and Dubai World (the floating islands) faced with massive debt loads and interconnectedness were bailed out. Since then it’s been nothing but ponies and […]
zerohedge.com / by Tyler Durden / 06/24/2014 07:07 -0400
Judging by the surprising reversal in futures overnight, which certainly can not be attributed to the latest data miss out of Europe in the form of the June German IFO Business Climate report (print 109.7, Exp. 110.3, Last 110.4) as it would be […]
zerohedge.com / by Tyler Durden / 06/23/2014 10:52
Less than 2 months ago we highlighted the effervescence of Dubai’s equity markets when a “shell” of a company with no actual operations (but big plans) was 36x oversubscribed. We asked at the time if investors would ever learn… and it seems just weeks later, that […]
caseyresearch.com / Ed Steer / June 17, 2014
¤ YESTERDAY IN GOLD & SILVER
The gold price showed signs of life the moment that trading began at 6 p.m. in New York on Sunday evening. The gold price made it to as high as $1,285 shortly before the London open. That rally got capped—and then […]
gata.org / By Babu Das Augustine / June 15, 2014
Diversifying away form its derivatives focus, the Dubai Gold and Commodities Exchange is all set to launch a spot gold contract that will make Dubai a major price discovery center for the precious metal.
“We are working on the spot gold contract’s specifications and […]
zerohedge.com / by Tyler Durden on 05/23/2014 13:30
Three weeks after the formation of his company which “plans to” (as opposed to “is doing”) “buy underdeveloped land and rill shale wells,” 27-year-old Mark Hiduke raised $100 million from a local private equity firm. Makes perfect sense of course – especially after Dubai’s 31x over-subscribed IPO […]
arabianmoney.net / 23 May 2014
The Rolling Stones last hit song was called ‘Gloom and Doom’ and that about sums up the mood of the past five years among many investors, most of whom have missed out on the surge in the S&P 500 from its devil’s bottom of 666 in March […]