For the life of me, I can’t figure out how a veteran reporter left out the fact that revenue increased while creating the impression that it fell. I’ll let you speculate on the reasons.
Indian gold demand has improved as prices fell even as the festive buying season kicked off. With both gold and oil prices spiking, India’s import bill has exploded.
More stress could be on the way, potentially resulting in negative consequences the broader financial system if losses on the bonds trigger a cascading effect that trickles into the stock market.
Market manipulation are the most likely explanation for the BIS' unaccountability since the bank has advertised to central bank members that its services include secret interventions in the gold and currency markets.
Properly owned physical gold is unusual because the metal itself is not another party’s promise to pay. It does not require a company to remain solvent, a borrower to repay a debt or a financial institution to honour a contract for the asset itself to exist.
So today, we are going to look at some of the cracks which are becoming visible in the AI space. It will change the nature of index investing, the economy and portfolio management for the next decade. And generally, not in a good way...
