Balance of power in the Global Gold Industry moves East as Dubai plans $60 million refinery, spot contract .
In the desert on the outskirts of Dubai, one of the world’s biggest gold refineries is under construction. When completed next year, it will help to alter the balance of power in the global gold industry. Growth in demand for the precious metal is shifting east, to Asia’s fast-growing economies. But key industry activities such […]
The Group of Seven nations agreed to find new sources of energy and expand their natural gas infrastructure to prevent Russia from using its oil and gas reserves as a “political weapon,” German Economy and Energy Minister Sigmar Gabriel said. The world’s leading economies will also increase their efforts to save energy and to use […]
Gold demand in China, which overtook India as the largest user last year, will rise about 25 percent in the next four years as an increasing population gets wealthier, according to the World Gold Council. Consumer demand will expand to at least 1,350 metric tons by 2017, the London-based council said in a report today. Growth […]
Many investors are reluctant to trade commodities due to a variety of myths or misconceptions by the general public and even the investment community. These myths probably date back many decades and were likely created by frustrated, losing commodity traders or by those who view commodities as too difficult of an investment to understand. You may hear […]
The Americas to become the “New Middle East” of the 21st century. Understanding the Geopolitics of Energy.
Explain Geopolitics: Geopolitics is the battle for space and power played out in a geographical setting. Just as there are military geopolitics, diplomatic geopolitics and economic geopolitics, there is also energy geopolitics. For natural resources and the trade routes that bring those resources to consumers is central to the study of geography. Every international order […]