The current high prices of gold are making many Chinese investors hesitant on investing. According to Lee Cheong Gold Dealers chief dealer Ronald Leung, a rise in gold buying may occur if the prices come down to $1,320 or $1,330 per ounce. As of writing, the benchmark spot gold had a 0.3 percent drop, reaching $1,345.22 per ounce. It is also 0.4 percent lower for the week thus far. 

 

 

The world is increasingly aware just how dangerous it is to become widely known as “crypto-wealthy.” Refusing to disclose exactly how much Bitcoin, Ethereum, or Ripple one owns goes a long way.

Bosch is a 131-year-old company, yet it’s on the cutting edge of crypto and IOTA’s tangle-style platform. Clearly, the firm desires to go deeper into data rather than stick to its old business model and profit from hardware.

 

Sergey Medvedev allegedly was an administrator for the Dark Web site Infraud - whose slogan was “In Fraud We Trust” - that dealt primarily in the sale of stolen credit cards and identities and illegally obtained government documents…Infraud was purportedly founded by Ukrainian national Svyatoslav Bondarek in 2010. Bondarek disappeared from online activity in 2015, which is when Medvedev reportedly took control over Infraud.

Analyst: “…the evidence on the ground indicates large-scale war is still an option on the table for Russian President Putin in his quest to regain control of the territory of Ukraine.”

 

The Financial Supervisory Service had recently inspected the top six South Korean banks due to their involvement in virtual currency bank transfers. The Korean Customs Service similarly reported $600 million had been found lurking in Korean exchanges with illicit links to organized crime.

[Goldman Sachs head of investment research Steve] Strongin stressed that it’s possible that one or a few of the currently-existent cryptocurrencies could emerge from the so-called “speculative bubbles” as the crypto-equivalents of Amazon and Google, but he said that it’s unlikely that most coins will ever recover to their recent all-time highs.

 

“…the Kremlin’s interference in the American elections ‘has changed the situation’ and in fundamental ways.  By doing that, Putin ‘personally’ has completely undermined the basis of his power; and he has ensured that the Americans will never forgive him for what he has done, however much fake news he and his friends put out.”

Mikheil Saakashvili leads a rally demanding President Petro Poroshenko resign in Kyiv on February 4.

 

 

Analyst: “…we expect IMC to enjoy strong bottom line results for 2017 and first half 2018. And we remain bullish on its stock, which still has solid potential for mid-term growth.”

 

 

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