Is China's Easing Offensive Or Defensive?

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Over the past month we have observed China announcing a slew of easing measures, both monetary and fiscal, in quick succession: there has been a cut in the reserve ratio requirement (RRR) for commercial banks, easing of regulatory norms to support broader credit growth, a call for more “proactive” fiscal policy, and accelerated issuance of… Read More

AngloGold Says There's No Escaping Demise of South African Gold

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(Bloomberg) — South Africa’s gold industry, once the world’s largest, faces an inevitable decline, according to the chairman of the country’s biggest producer of the metal by market value. Output will continue to shrink as miners chase ever-deeper ore bodies while struggling to keep costs down, said AngloGold Ashanti Ltd. Chairman Sipho Pityana. That means the… Read More

Discovery’s Vitality hits the streets of Japan with Sumitomo Life partnership

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Discovery media statement: Vitality Group, responsible for the global expansion of the Vitality Shared-Value Insurance model using the capabilities of Discovery and its network, are excited to announce the introduction of the first Vitality-linked insurance offering in Japan, in partnership with Sumitomo Life. Sumitomo Life Vitality was presented to employees and other stakeholders in Tokyo, Japan. This… Read More

Concerned about the land expropriation debate? International property offers a good alternative

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*This content is brought to you by Carrick Wealth, leaders in wealth and capital management Politics, it seems, these days mostly involves the art of creating turmoil and uncertainty, certainly in South Africa, although other examples around the world also abound. Here however, anxiety levels have recently been rising around the controversial debate on expropriation of… Read More

WPIC teams up with China retailer as seeks platinum bar sales

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THE World Platinum Investment Council (WPIC) has teamed up with precious metals retail firm Shenzhen Hengfu Yingjia (Hengfu) to sell platinum bars in China and develop the physical platinum investment market in South China. In terms of the agreement investment grade platinum bars – minted by the Swiss Metalor Group and available in sizes of… Read More

Platinum Cuts 5% Bounce from 'Tocom Dump' as GLD Gold ETF Shrinks Again

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PLATINUM edged back 1% on Wednesday from yesterday’s bounce off sudden 14-year lows, trading at $838 per ounce as gold prices pushed higher, rising to touch 1-week highs at $1260.   Among Western investment products, the SPDR Gold Trust (NYSEArca:GLD) – the world’s largest exchange-traded fund backed by metal – shrank yesterday for the 5th… Read More