Earlier this week my colleagues and I spent some time discussing a pretty worrying JP Morgan chart, published as part of a wider Bloomberg article. It shows total visible oil inventories, measured in billions of barrels, but the picture it paints is one of an uncomfortable truth. As the Bloomberg article recalls, oil inventories surged […]
Earlier this week, India, the world’s second-largest gold market, raised import duties on gold and silver. This comes only days after Prime Minister Modi asked Indians to stop buying gold for a year, in an effort to protect the rupee and conserve foreign exchange. First, the government asked citizens not to buy gold, as Jan […]
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