History of Gold - How the gold industry has changed over 50 years
Thomson Reuters GFMS have compiled an interesting high level history of the gold industry in the last fifty years.
Topics covered and interesting historical facts to note include:
When it comes to infrastructure, BlackRock’s CEO, Larry Fink, has it right. The head of the world’s largest asset management company, and a member of President Trump’s Strategy and Policy Forum, is beating the privatization drums. As Fink recently put it: "These [infrastructure] projects must deliver competitive returns and that will often require efficiencies that can only be achieved through private ownership.” Hopefully Fink delivered that message in April at the Strategy and Policy Forum at the White House.
The ransomware has been identifed as WannaCry
* * *
Update 2: Security firm Kaspersky Lab has recorded more than 45,000 attacks in 74 countries in the past 10 hours. Seventy-four countries around the globe have been affected, with the number of victims still growing, according to Kaspersky Lab. According to Avast, over 57,000 attacks have been detected worldwide, the company said, adding that it "quickly escalated into a massive spreading."
Authored by Nick Cunningham via OilPrice.com,
As pessimism sweeps over the oil market, a few prominent voices are unbowed, arguing that the market is well on its way towards balance.
Two weeks ago we reported that European stocks had just enjoyed the biggest fund inflows since 2015, just as the continent appeared to have hit its economic peak...
... and according to Deutsche Bank was rolling over.
That assessment, however, did absolutely nothing to halt the "great rotation" out of other global markets and into Europe, especially in the aftermath of Macron's victory, when as Bank of America reported citing EPFR data, Europe saw the largest weekly equity inflows on record.