Apple and Goldman Sachs are joining forces on a new credit card

Apple and Goldman Sachs are joining forces on a new credit card to be launched next year, reports The Wall Street Journal. Goldman’s first credit card offering, which will carry the Apple Pay brand, could help speed adoption of Apple’s payments system as tech giants boost efforts in banking and finance. The deal also gives … Continue reading Apple and Goldman Sachs are joining forces on a new credit card

KaratBank

Harald Seiz, CEO and Founder of Karatbars International was appointed Senator by the German Federal Association for Economic Development and Foreign Trade (BWA). The goal of Harald Seiz is to develop innovations on the subject of monetary policy, hand in hand with the domestic and foreign policies. "I am convinced that we can make a … Continue reading KaratBank

Dow Plunges Over 1,100 Points

Is the beginning of another crash? The drop in stocks yesterday was a stark reminder of just how high markets have been running lately—and how fast they can unravel. When the selling starts, momentum builds and usually no asset is spared. During the last market crash in 2008, gold took a temporary setback before rising … Continue reading Dow Plunges Over 1,100 Points

4 top investors are betting big on gold

The price of gold is down 40% from all-time highs in 2011, but big hedge fund names are betting the worst is over. Stanley Druckenmiller's Duquesne fund was the latest one to dive in, investing close to 25% of its U.S. equity portfolio in gold-related stocks as of August 14, 2015. See the gold holdings … Continue reading 4 top investors are betting big on gold