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Robert Lambourne: BIS intervention in gold remained steady in May

By Robert Lambourne Wednesday, June 6, 2018 The Bank for International Settlements has published its May statement of account, giving limited information on its use of gold swaps and other gold-related derivatives during the month: https://www.bis.org/banking/balsheet/statofacc180531.pdf The information provided by the BIS monthly statements is not sufficient to calculate a precise amount of gold-related derivatives, including swaps,...

Vimana Expands European Footprint

The European Platform Industrie 4.0 program promotes digitization of industrial manufacturing via financial assistance for companies purchasing smart machinery. R. F. Celada (Cologno Monzese, Italy) has now partnered with VIMANA (Berkeley, CA) to resell VIMANA advanced manufacturing analytics software and provide users with a turnkey Industry 4.0 solution. As a leader in the sale and service of machine tools, Celada now combines...