April 10th, 2015
Zinc singled out as promising investment
When it comes to precious metals, gold has long been the scene’s major player. Another metal, though, may soon become equally valued: zinc.
Zinc is in increasingly short supply, according to experts, as a growing number of mines close down production, with little to replace them. Morgan Stanley estimates that by 2017, over 1.2 million metric tons of annual mined supply will go out of circulation; more than America uses in a year.
“It’s all about supply,” Clive Burstow, a London-based in…
April 3rd, 2015
Bitcoin Investment Trust ready for public trading
The world of digital currencies could be dramatically transformed this month, as the Bitcoin Investment Trust is ready for public trading.
The fund holds bitcoin in a trust that investors can buy share in, a move that is thought to help stabilise the currency and opens up the sector for investors. While the trust has been a private fund since 2013, though, the FINRA has given regulatory approval to trade publicly on the TCQX marketplace.
The share price is approximately one-tenth of…