 | TOP STORIES |  | | | Gold Buyers Smash Records | | By Doug Hornig, co-editor BIG GOLD, 03 Dec 2008, 03:20 PM | | The spot price of gold has fallen more than 20% from its all-time high, reached in March of 2008. But if you think thatmeans demand has declined, think again. | | Diamond Miners Cut Back As Sector Loses Its Lustre | | By Charlotte Mathews, 03 Dec 2008, 11:01 AM | | Mining and exploration activity in the diamond sector is showing signs of flagging, in line with the rest of the commodities sector, with notices from three companies this week that they were curtailing operations in southern Africa. | | Grindrod Is Buying Future Value | | By Ben Temkin, 03 Dec 2008, 11:08 AM | | The piggy-bank strategy discussed briefly in another article is not being adopted by all companies. Nor, because so many companies are now hoarding their cash, is it axiomatic that it's the right strategy. | | Finance, Redistribution, Globalisation | | By Giuseppe Bertola and Anna Lo Prete, 03 Dec 2008, 11:28 AM | | Globalisation seemingly erodes governments' ability to redistribute wealth. This article presents new evidence of the tradeoff between integration and redistribution, showing that financial development has filled in where government has receded. The current crisis may pose political challenges to both financial development and economic integration. | | It Should-Woulda-Coulda Beena Great Opportunity | | By Michel Pireu, 03 Dec 2008, 11:20 AM | | When markets become unusually volatile, they make unusually large moves. To the short-term trader or the active portfolio manager, such moves look like a phenomenal opportunity. | | China "To Lead Revival In Commodities" | | By Stephen Gunnion, 03 Dec 2008, 10:51 AM | | Commodity prices should rebound from their low levels as China leads the world out of recession in the second half of next year, Investec Asset Management strategist Michael Power said yesterday. | | |