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<h1 class="entry-title">Tag: oil</h1>
24 Jun
Russia ditching US treasuries

Russia Is Ditching Treasuries for Gold, Re-Thinking Safe Haven. But Gold Prices Remained Stuck This Week.

Russia Is Ditching Treasuries for Gold, and It’s Not the Only One Are the Russians re-thinking safe haven? Russia is ditching treasuries for gold in recent months. In April, Russia slashed its holdings of U.S. debt in half. This was following fresh sanctions slapped on various Russian businesses and individuals. The senior adviser at Danske Bank […]

17 Jun
Trade War with China

Gold Hammered by Strong Dollar Friday And Trade War with China Remains in Focus

Gold Hammered by Strong Dollar Friday As Trade War Remains in Focus Precious metals struggled Friday. Though gold hit a two week high earlier in the week climbing to $1,313, Friday saw gold hammered by strong dollar index. Trade war and tariffs dominated headlines. President Trump levied 25% tariffs on 800 Chinese imported goods, and […]

03 Jun
Italian Bond Market Worries

Gold Fluctuated with the Dollar This Week While Italian Bond Drama Continued

Italian Bond Drama Continued This Week European geopolitics continued to cause volatility in the markets this week. Last week, Italy in particular triggered concern, and this week the Italian bond drama continued. This week, the Italian 10-year bond yield was at a 4 year high while the Italian 2-year yield had its biggest jump in […]

14 May
gold ingots

Gold Posted a Positive Week after Early Struggle

After Battling a Strengthening Dollar This Week, Gold Posted a Positive Week by Friday Metals were down in the early part of the week. However on Thursday it got a slight boost that it held onto through Friday. In the end gold posted a positive week despite the earlier losses. The dollar rallied this week […]

02 Oct
Deutsche Bank Failing

Deutsche Bank’s Instability Revives Fears of 2008

Deutsche Bank Strikes Fears of Lehman Brothers Repeat Deutsche Bank sent liquidity fears through the markets on Thursday reminiscent of the lead-up to the 2008 crash. The bank’s stock fell to all-time lows on Thursday on liquidity concerns as large funds began to withdraw excess cash and positions at Deutsche Bank. The bank, which is […]