During a visit to China in April 2017, the vice-president of the Russian central bank, Sergey Shevtsov, discussed the idea of cooperation between BRICS and the gold market. The contours of this cooperation are beginning to be revealed, with physical gold at the centre of this project.
Bank failures continue and directly affect savers.
While struggling for survival, the world's third largest platinum producer has just announced its acquisition by Sibanye Stillwater, one of the top 10 gold producers in the world.
On Nov. 12, someone moved almost 25,000 bitcoins, worth about $159 million at the time, to an online exchange. The news soon rippled through online forums, with bitcoin traders arguing about whether it meant the owner was about to sell the digital currency.
Surrounded by the American and international financial sanctions, Venezuela is seeking by all means to get out of the financial crisis that is hitting. Cryptocurrency is his new solution.
As the stock market soars to new heights, new data shows that U.S. household debt has reached a record high.
The US student loan burden is out of control, while the economy has failed to back it up with sustainable wage growth or market-competitive job creation. Meanwhile, patronage and other practices hinder the process of securing a career path further hindering the ability of young workers to service student debt.
2017 was a difficult year for platinum. Between the consequences of dieselgate, social movements disrupting production and more recently political instability in Zimbabwe, the sector has experienced a sharp fall in price metal, putting several mining companies on the verge of bankruptcy. But a glimmer of hope seems to be appearing.
After the failure of the Veneto banks and the rescue of Monte Dei Paschi, it's now the turn of the Carige bank to be in the spotlight.