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He was born Hamish Watson, a surfie dude from Sydney – but he could morph into whatever you needed him to be. Hamish is due to be sentenced to jail in early 2019 for swindling a handful of victims out of more than $7m. But these crimes are just the final pages in a resume too thick to staple; for decades he’s duped victims in the US, Canada, Britain, Hong Kong and Australia. How did he do it? How did he evade authorities around the world for so long and what’s he done with all those tens of ...
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A misinterpreted U.S. Customs ruling on Swiss gold bars triggered a $100 futures-spot spread, fueling market volatility, global supply concerns, and renewed bullion demand. Gold futures surged to a record $3,533 per oz after media reports misinterpreted a U.S. Customs ruling as imposing a steep 39% tariff on Swiss gold bars. The news triggered a $100 spread between U.S. futures and London spot prices before the White House refuted the claim late on Friday. Analysts warn this episode highlights how easily precious metals markets can be moved by selective information and leveraged trading. With ongoing silver deficits and rising global bullion demand, thin U.S. inventories could keep premiums under pressure.
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