The question that is waxing the minds of most oil traders is how long oil prices will stay low. Will they rebound back to $100 per barrel level again in the next 6-12 months. The chart below shows how strong crude oil downtrend has been in the last year. The boss of oil giant BP’s… Continue reading British Petroleum Boss Says Oil Price Will Stay Low For 3 Years!
Category: Commodities
Gold Fix-Can Benchmark Prices Be Manipulated?
Are gold prices fixed on daily basis? Can gold benchmark prices be manipulated. This is an important question that comes to mind. Do you know about London Price Fix? London has been a global financial center for more than 2 centuries now. Even today London is ahead of New York when it comes to the… Continue reading Gold Fix-Can Benchmark Prices Be Manipulated?