Posts From Ray Pierce

  Both precious metals have ultimately performed below expectations given the positive macroeconomic and geopolitical backdrop. However, things are starting to look up for the industrial precious metal as industry observers believe it will outperform gold this quarter and into

SINGAPORE/NEW YORK (Reuters) – Asia is set to ramp up crude oil imports from the United States in late 2017 and early next year, with buyers searching out cheap supplies after hurricanes hit U.S. demand for the commodity at a

Planes, trains and automobiles — Kobe Steel’s fake product data scandal has now touched every major form of transportation. Two big Japanese railway companies said Thursday that substandard parts from Kobe Steel (KBSTY) were used in the manufacturing of several

Demand for physical gold in India improved slightly this week because of a correction in local prices, but recent restrictions on the industry and increased smuggling took the sheen off the bullion market heading into the peak festival season. Dealers

Imagine having your money work for you. Wise investments can spell financial freedom and one way of doing this is getting into stocks. Stock investments have far reaching gains. Today many people are already investing in dividend paying stocks. Dividends

China is planning to pump even more credit into its economy despite fears about its massive buildup of debt. The country’s central bank moved over the weekend to allow commercial lenders to dish out more loans by cutting the amount

Ghana’s National Communications Authority (NCA) regulator granted conditional approval for a merger between the local operations of Millicom’s Tigo and Bharti Airtel (BRTI.NS), a notice to employees of the subsidiaries said. The two networks agreed in March to combine their

For decades, it was one of the few hard-and-fast rules when purchasing a home: Put 20% down. A hefty down payment would help you build up equity faster, and make sure your mortgage was affordable. Times change. A new study

MUMBAI (Reuters) – First he tried messaging friends, but WhatsApp was down. Then, the credit card readers at his clothing store weren’t working. Ride-sharing apps were offline too. Harsh Madhok, who runs a clothing business in Jaipur, a city of

Chinese authorities have ordered Beijing-based cryptocurrency exchanges to cease trading and immediately notify users of their closure, signaling a widening crackdown by authorities on the industry to contain financial risks. Exchanges were also told to stop allowing new user registrations