Investors have pulled over $3 billion from the largest gold ETF so far this year and outflows are accelerating on the precious metal’s decline below $1,600 an ounce and the Federal Reserve’s outlook on quantitative easing. “U.S. ETF investors’ five-month love affair with gold came to an abrupt end in January as they pulled $1 […]
Gold ETF Outflows of $3 Bln YTD Read More »
According to International Data Corporation (IDC) 1.3 billion people will work remotely using mobile technology by 2015 or 37.2% of the entire global workforce! In a recent survey of UK executives by BT, 50% of respondents said cost was a barrier to exploring new ways of working, while 49% said senior managers did not recognise
Rise of Mobile Computing Read More »
Bloomberg has discovered a secretive Goldman Sachs (Ticker: GS:NYSE) department called Multi-Strategy Investing (MSI) that has no clients and uses the bank’s funds to invest in stocks and bonds. The unit seems to have smartly skirted the Volcker rule by position trading instead of day trading to comply with 60-day holding period so not to be
Goldman Sachs: Secretive Proprietary Trading Unit Read More »
Data suggests slowdown at best and reasonable probability of price declines in Canadian real estate prices over the next five years as prices revert back to long-term average price growth. Especially parabolic price rises such as experienced in Vancouver are not sustainable: Easy money in Canadian real estate has been made. Time to consider industrial
Canadian Real Estate Slowdown or Crash? Read More »
