Polyus completes the conquest of the Pole

Polyus Gold is completing the registry change process. British Polyus Gold’s Mikhail Prokhorov and Suleiman Kerimov have announced an offer to buy the remaining free floating Russian company stock for a total of $ 1.4 billion. However, in reality, Polyus only needs to accept the owners ’offer of only 3.5% of the shares, about $ … Read morePolyus completes the conquest of the Pole

Gold rally amid slowing inflation: what’s going on?

Inflation eased slightly in July but remained alarmingly high. According to the latest BLS inflation report, the CPI rose 0.5% in July after rising 0.9% in June. The core CPI, which excludes food and energy, also softened, adding 0.3% in July after rising 0.9% in June. The slowdown was mainly driven by a much smaller … Read moreGold rally amid slowing inflation: what’s going on?

Understanding Bitcoin and Gold

The Senate recently approved a $ 1 trillion infrastructure bill that has gone to the House of Representatives. It is hoped that in consideration, legislators will amend a clause that sets new tax reporting requirements for the cryptocurrency industry. In particular, the law will require cryptocurrency “brokers” to disclose the names and addresses of their … Read moreUnderstanding Bitcoin and Gold

WGC: World Gold Report for the second quarter of 2011

Demand for gold in the second quarter of 2011 turned out to be 17% lower than the previous year, but we are not talking so much about weak indicators this year, but about a strong base of the past, especially in investments, experts from the World Gold Council say. . There have been no significant … Read moreWGC: World Gold Report for the second quarter of 2011