Tom Spence

 

China: Money to Burn on Europe?

Economics and Finance

The Europeans are hoping to capitalise on their success after reaching a deal to save Greece and are looking to China to help shore up the European economy. The Chinese are wary, they have money to spend but not to burn.

Gold Rush 2010

Economics and Finance

Uncertain times are driving investors to buy gold, pushing the price to over $US1,300 per ounce. Some are hoping to sit back and make a killing – others are nervous about the state of the global markets. Is gold heading for $1,500, or even $1,800? Is this a prelude to a currency war or is it just that the smart money has nowhere else to go?