Gold Silver Reports – Mutual funds’ cash holding as a percentage of their total equity portfolio fell to the lowest in four months in October, as fund managers pumped money into a spate of public offerings.
Gold Silver Reports – Add bitcoin to the list of things denting gold’s appeal. — Bullion’s rally faltered in the past two months as the dollar strengthened and global equities set new records, while concerns over Brexit and Catalonia’s push for independence failed to drum up notable haven demand. Now, bitcoin’s surge is attracting investor interest toward the cryptocurrency and away from the metal, the biggest online vaulting service said.
Gold Silver Reports – Bitcoin Contentious Bid for Legitimacy – Instead of bringing clarity, an impressive price surge last week accentuated the differences within the financial industry about the future of the bitcoins. Opinions range from those asserting that we are witnessing the birth and maturation of a new global currency to those who argue that the phenomenon is a “fraud,” with a large middle either reserving judgment or arguing that it will last but currently may risk being in the midst of a speculative price bubble.
Gold Silver Reports – The quarter ended September belonged to mutual funds as they pumped in 48,000 crore into equities during the 3 month period.
Gold Silver Reports – Various asset classes give different returns, which is why a portfolio must have an ideal mix on investments.
Gold Silver Reports – Investors Are Dumping This Silver ETF at the Fastest Pace Since 2011 – Silver has tumbled about 7 percent since trading at a four-month high in September as precious metals lose favor amid the record-breaking rally in U.S. equity indexes.
Gold Silver Reports – Gold Is Better Than Bitcoin – Gold wins out over cryptocurrencies when assessed on the majority of the key characteristics of money, according to Goldman Sachs Group Inc., which adds that fear and wealth are the core drivers of bullion.
Gold Silver Reports – Bitcoin, one of the most popular crypto currencies has witnessed volatile bouts in the last one year. If you are planning to invest in such crypto currencies, you should keep the following points in mind.