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Sep 26, 2011
The price of gold has been on a steady rise over the past few days on technical short covering, optimism regarding European debt talks and following a fed official commenting that QE3 is still a possibility.
Tomorrow’s Euro zone meeting should finalize measures to solve the region’s debt woes. Investors seem rather hopeful despite some disagreements between French president and the UK Prime Minister on the rights of the non-euro countries and with the Italian Prime Minister defending a reform…
Sep 19, 2011
The GBI team was at the Alternative Investments conference sponsored by InvestmentNews in Chicago over the weekend (http://www.investmentnews.com/article/20110525/ALT2011/305259998).
The conference provided a great overview for advisors about the importance of an allocation to alternative investments (real estate, hedge funds, commodities etc.) Most panel discussions were around how the asset class fit into clients portfolios and what investment vehicles were best suited for clients to gain access. The biggest take away from the conference was the keen focus on reduction…
Sep 19, 2011
GBI’s new casino collateral program is featured in casino life magazine (http://www.casinolifemagazine.com/ - pages 40-45).
Steve Karoul, Head of International Business Development, discusses the current status multi-billion dollar unsecured casino credit market and offers insights into the innovative casino collateral program. Despite all the security measures that casinos deploy, high rollers often default on their payments and it is impossible for casinos to track down clients and eventually collect the money. Due to the inconvenience and dangers related to…
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