Commodities

The political tinderbox of the recent ECB intervention in favour of Greece has been viewed by investors with great concern and has pushed up real assets such as metals By approving the increase in ELA (Emergency Liquidity Assistance) lending, the ECB has effectively encroached upon the rescue policy of the… Read More »

A recent Bloomberg article of 21st April 2015 raised the question of how much gold the PBoC really has and when the secret would be revealed. The author has often referred to the nefarious manipulation of the gold price and the glorious advance of the yuan towards recognition as an… Read More »