Dean Arif

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Gold Measurements: What Do the Terms “Karat” & “Troy Ounce” Actually Mean?

27 Dec 2017 by Lorimer Wilson, munknee.com: What’s the difference between 1 troy ounce of gold and 1 (regular) ounce? What’s theMultiple-forms-of-gold-bullion difference between 18 and 10 karat gold? What’s the difference between a .75 and a 1.0 carat diamond? Let me explain. Definition of “Karat” The term “karat” is used to describe the unit

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The cash that isn’t worth the paper it’s printed on: Venezuelan shops take to WEIGHING money as it takes too long to count due to hyperinflation

26 Nov 2016 by David Burke, Daily Mail: Currency the bolivar has devalued so much that traders have given up counting it The government has commissioned 20,000 bolivar notes to keep up with the rate of inflation – the highest bank note in circulation is 100 bolivars Baker Bremmer Rodrigues said he feels like Pablo

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India Bans Cash, Now Gold?

17 Nov 2016 from The Daily Bell: India gold import ban rumored … The Indian Bullion and Jewellers Association has warned members of a potential gold import ban … The association told Indian media the move could come by March 31 as part of the government’s ‘black money’ crackdown.   –Mining Journal Prime minister Narendra Modi

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Swiss gold refinery Argor-Heraeus to be acquired by Private Equity investors

5 Nov 2016 by Ronan Manly, Bullion Star: News has just emerged in the gold market that the giant Swiss precious metals refiner, Argor-Heraeus, has held discussions to be acquired, and that the likely outcome is an acquisition by a private equity group. This private equity group is believed to be London-based WRM CapInvest, part

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