postheadericon A Russian coin dealer’s lessons on gold ownership

A Russian coin dealer’s lessons on gold ownership

What can the recent crash of the Russian ruble teach us about gold ownership? Dmitriy Balkovskiy, a Russian coin dealer in Moscow, has some insights. On December 16, 2014, a day deemed the “Russian Black Tuesday”, the ruble dropped from 58 to 72 per U.S. dollar. In an article for Casey Research, Balkovskiy recalls Read More
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Hedge funds most bullish on gold in two years

Data from the Commodity Futures Trading Commission released on Friday showed hedge funds increased their long positions on gold by 19.7% in the week of January 20 – a two-year high. Short positions fell, translating to a net 27% more long positions. The last time hedge funds had this many long positions in gold was December 2012, Read More
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