Where To Sell Jewelry, Scrap Gold Buyer, Selling Scrap Gold

After getting burned by investments in its own hedge funds during the financial crisis, Goldman Sachs is turning to the less risky, but potentially less lucrative, business of providing start-up money to hedge-fund managers.
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The US company Newmont which plans to build a huge open-cast gold mine in northern Peru says it is halting construction after days of protests.

Jewelry retailer Chow Tai Fook plans to raise up to $2.8 billion in a Hong Kong listing. And New China Life Insurance secured four cornerstone investors for its IPO.
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pa rel=nofollow target=_blank href=http://www.msnbc.msn.com/id/45421460/ns/business-retail/img align=left border=0 src=http://msnbcmedia.msn.com/j/ap/on the money pawn shops–1137128563_v2.thumb.jpg alt=The average amount of a pawn loan has nearly doubled to $150 since the downturn began. That’s partly because a spike in precious metal prices means gold jewelry is fetching higher prices. style=margin:0 5px 5px 0;//aAt a time when banks have shut their doors on those with bad credit, a growing number of borrowers are pawning their jewelry, electronics and other valuables to make ends meet./pbr clear=all/br style=clear:both;/
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Venezuela receives its first shipment of gold bars after President Chavez ordered the repatriation of most of the country’s foreign bullion reserves.

Monique Van der Vorst, a Paralympic silver medallist in hand cycling, lost the use of her legs as a result of an operation that went wrong and an accident when she was a teenager.

Chow Tai Fook Jewellery Group, the jewelry retailer controlled by Hong Kong tycoon Cheng Yu-tung, will start taking orders Monday for its Hong Kong initial public offering.
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Thousands of Peruvians protest against plans for a huge new goldmine, in a dispute that is a test for President Humala’s policies.

The University of Miami announced Sunday that it is barring its football team from bowl consideration this year as it remains under investigation by the NCAA over allegations that a booster showered dozens of players with cash and jewelry, and supplied prostitutes for players.div class=feedflare
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The defense team for former Goldman Sachs director Rajat K. Gupta wants to depose the bank’s CEO, Lloyd Blankfein, and President Gary Cohn.
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The defense team for former Goldman Sachs director Rajat K. Gupta wants to depose the bank’s CEO, Lloyd Blankfein, and President Gary Cohn. Also, it has had behind-the-scenes legal help from former Manhattan U.S. Attorney Mary Jo White.
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Central banks’ gold purchases in the third quarter were more than double the level reported just one quarter earlier, and came in almost seven times higher than the year-earlier period.
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Silver Lake Partners isn’t among the best-known investors in the private-equity business. But the firm could move a step closer if it pulls off a takeover—and turnaround—of Yahoo.
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Usain Bolt says he wants to try and become a legend by winning four gold medals at the 2012 London Olympics.

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The jewelry retailer controlled by Hong Kong tycoon Cheng Yu-tung began testing investor response in Hong Kong and the U.S. in a premarketing process for an up to $3.5 billion initial public offering.
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One of the top executives of Goldman Sachs Group in Asia is in talks to become chief executive of troubled commodities trader Noble Group, just days after he quit the investment bank.
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One of the top executives of Goldman Sachs Group in Asia is in talks to become chief executive of troubled commodities trader Noble Group, just days after he quit the investment bank.
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The 2018 Commonwealth Games will be held in Gold Coast after the Australian city beat off the challenge of Sri Lankan town Hambantota.

Yusuf A. Alireza, co-president of Goldman Sachs in Asia Pacific ex-Japan, is leaving after 19 years at the firm and 11 months on the job.
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Unsealed transcripts of the disgraced ex-president’s grand jury testimony may be a gold mine for Watergate buffs, but they shed little light on the infamous 18 1/2-minute gap in the Oval Office tapes.br/br/Ten months after resigning the presidency, three years after the botched burglary of a Washington building that had set his downfall in motion, Richard M. Nixon drove to the Coast Guard station in San Mateo, Calif., to meet with grand jurors and, for the only time, testified under oath about the Watergate affair.
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Goldman Sachs and Morgan Stanley, which became bank-holding companies to help them survive the financial crisis, are considering an accounting change that would make them look more like a traditional bank.
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The relationship between Jon Corzine and J. Christopher Flowers, which dates back to their Goldman Sachs days, is now said to be strained.
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Goldman Sachs is selling shares in Industrial Commercial Bank of China for the third time in a move aimed at reducing its stake to 2.2% from 2.9%.
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A federal judge ordered Raj Rajaratnam to pay a $92.8 million civil penalty in an insider-trading lawsuit brought by the Securities and Exchange Commission.
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Bulgarian-born artist Christo, famed for wrapping international landmarks in fabric, gets approval for a new artwork that will see silvery fabric suspended over the Arkansas River.

Lindsay Lohan was out of jail Monday after serving 4 1/2 hours of a 30-day sentence for violating her probation in jewelry-theft and drunk-driving cases.
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