You Are Here: Home » Finance
Over the past month there has been a statistically improbable concurrence of events that can only be explained as a conspiracy to protect the dollar from the Federal Reserve’s policy of Quantitative Easing (QE).
Quantitative Easing is the term...
The orchestrated attack on bullion in the paper gold market took the spot prices of gold and silver down on Friday and Monday, but actual physical purchases rose during this period. The sales were of paper claims, not of real metal.
The demand for...
Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation...
Deteriorating financial woes in the United States have forced Washington to reduce its military presence in the Persian Gulf.
The news comes after the US administration was forced to sign into effect the spending cuts known as the sequester on Friday,...
With the country’s Islamic banking still at a low penetration level, experts point out that with the strategic position that Sri Lanka occupies in the region, it should make forays into Islamic capital market to reap full benefits of this industry.
Central...
Much is written on Rizana Nafeek’s extremely unfortunate fate in Saudi Arabia (SA). Some written with anger let loose on the government and some on licensed agencies and every one else who could be dragged in. But to discuss SL migrant labour,...
The “fiscal cliff” is another hoax designed to shift the attention of policymakers, the media, and the attentive public, if any, from huge problems to small ones.
The fiscal cliff is automatic spending cuts and tax increases...
In what the New York Times declared as a “dark day for the rule of law” on December 11, 2012, HSBC, the world’s second largest bank, failed to be indicted for extensive criminal activities in laundering money to...
Gold: $750
Over the past 30 years now, I’ve used known economic and demographic trends to predict major economy and market shifts with uncanny accuracy.
If you know my work – and that of my firm, HS Dent – you know we’ve...