Category: Finance

Poland Buys Back 100 Tons of Gold From the Bank of England

Poland is one of the world’s biggest producers of gold. In a new turn of events, the government decided to flex its financial muscles through an intriguing acquisition.  Most economies around the globe are struggling or in shambles. Poland Stock up on Gold Poland is one notable exception, at least where the official figures are concerned. Its current economy stands at $586 billion and is largely considered to be healthy.  …
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3 Smaller US Banks Failed Over the Halloween Period

A worrisome banking situation arises in the United States. In a matter of seven days, three banks have failed. The latest victim is City National Bank of New Jersey located in Newark. The past few years have not been easy for traditional banks. Their costs often outweigh profits, forcing them to make tough decisions. Those who simply cannot improve or innovate will ultimately meet their demise. A Rough Patch for …
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FINMA’s Mark Branson Praises Facebook’s Transparency Regarding Libra

The opinions on Facebook’s upcoming digital currency projects remain rather divided. Consumers are not necessarily smitten by this venture, nor are most governments. In Switzerland, however, things are done a bit differently. FINMA’s Mark Branson sees merit in this project and praises how everything is handled in a transparent manner. Mark Branson Likes the Libra It is somewhat refreshing to see a financial supervisory official make positive remarks regarding Facebook’s …
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High Leverage in Forex Trading – Good or Bad?

There are many ways to see success in Forex trading, depending on how much effort you’re willing to put into the whole ordeal. While certain methods will generate slow, but steady success, others involve higher risk, but also higher potential rewards. You will keep learning about the ins and outs of these different approaches as you keep exploring the Forex market itself. For now, it’s important to focus on understanding …
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