They say that all that glitters isn’t gold. Yet, perhaps that expression should be changed? Gold hasn’t done much sparkling recently. Earlier this week, it was announced that the cost of gold fell beneath $1,300 an ounce. Many specialists are speculating that Donald Trump’s late burdens might be an explanation behind gold’s recent price drop. […]
Outlook (2012-05-03)
EU Finance ministers failed to agree the implementation of the Basel III rules on all EU banks last night with the British claiming that the EU commission was watering down the rules for the “specific” benefit of French and German banks over the UK Banks. The EU Commission’s proposal comes against advice from the ECB […]