Tue 9th Feb 16, 11:48:49
(ShareCast News) - Fires were still burning in Hong Kong on Tuesday night, after a government crackdown on illegal street food vendors turned ugly.
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(ShareCast News) - US markets were set to fall again on Tuesday amid concerns of a global sell-off. 27 minutes ago
(ShareCast News) - Horizonte Minerals was expanding its Brazil prospects on Tuesday, revealing it had been awarded four new concession areas adjacent to its in-development Araguaia Nickel Project. 1 hour ago
(ShareCast News) - The Serious Fraud Office has extended the term of director David Green's contract by two years to 20 April 2018. 2 hours ago
(ShareCast News) - Solid results for Randgold Resources has given hope to The Telegraph's Questor, which recommended investors 'hold' the shares. 1 hour ago
(ShareCast News) - Cambian Group shares were under pressure on Tuesday after the company said its earnings for 2015 would be lower than previously expected. 1 hour ago
(ShareCast News) - Cyan Holdings completed a small but historic deal this week, revealing on Tuesday it was demonstrating a proof-of-concept of smart electricity metering for traffic cameras in Iran just weeks after international sanctions on the country were lifted. 1 hour ago
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“A gold mine is a hole in the ground with a liar standing on top of it”
On 5 February I celebrated 43 years working in financial services, writes Paul Fellerman. This gave me cause to reflect on why I chose this career path.
I did not realise it at the time but in many ways it was an odd choice given that I have been accused of being a control freak, and as we all know one cannot control markets. The reality is that I wanted to learn how to make money.
Typically, before each Chinese New Year gold is given to others to welcome good fortune. However, there is no guarantee that the price of gold around the world will rise.
When looking at a chart of gold purchased from 2005 to 2014 you will see a gradual increase in purchasing over these years.
International trade is the lifeblood of the global economy, allowing nations to reap the benefits of their comparative advantage in an increasingly competitive environment.
Each day, billions of dollars in capital, goods and services are transported across the globe to consumers and producers.
Often recently when we see a drop in the price of crude oil the FTSE 100 index follows it lower.
Historically there is no correlation between oil and stocks but from time to time the FTSE and oil move in the same direction.