September 2017 News Update


Welcome…


It is an increasingly interesting world out there, and we believe it’s important to be in regular communication with our clients. That’s why, beginning this month, we’re sending you our bi-monthly online newsletter. Only this newsletter may not be like those you are used to.

To The Point

It’s frustrating when you are bombarded with too much information. That’s why we’ve designed our newsletter to present topics that are relevant and to the point. Skim the headlines and bullet points. Follow links to what is important to you. Skip the rest. Get on with your day. Smart and simple doesn’t just apply to buying gold and silver – it also applies to how you process information.

The focus of the newsletter, of course, will include gold and silver. However, we also have a keen eye on the world of FinTech and the role that gold, silver, and cryptocurrencies will play in the emerging financial system. As we step into this new financial world together, we will work to provide you with information that will help you navigate these changes.

All the best,
The OWNx Team

OWNx Resources

Gold-related News

China Readies Yuan-Priced Crude Oil Benchmark Backed By Gold

The world’s top oil importer, China, is preparing to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, potentially creating the most important Asian oil benchmark and allowing oil exporters to bypass U.S.-dollar denominated benchmarks by trading in yuan, Nikkei Asian Review reports

Gold near 1-year high, buoyed by Korea tensions, lower dollar

“Rising geopolitical tensions, the hurricane hitting the U.S. and the looming debt ceiling are increasing demand for safe assets,” said Danske Bank analyst Jens Pederson.