The parlous state of Europe’s refining business is no secret.
Investors in gold exchange-traded funds have been rushing to the exits as gold prices plunge.
On the heels of a huge tumble in gold and silver prices, the stock market’s slide is steepening in the final trading hour.
So gold notched its biggest one-day drop in 30 years. What’s next? Despite the heavy losses, broken technical levels and waves of margin calls, the options market for the yellow metal is beaming with optimism.
It is all on the line for the two finalists in the DJ FX Frenzy championship: the pride and glory of being named the first global winner of this bracket-style foreign-exchange competition.