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eBullion Inc. (OTCQB: EBML) Observed Investors Funding Their Gold Trading Accounts When Gold Price Had the Strongest Quarterly Rise Since Q3 1986

NEW YORK, April 8, 2016 /PRNewswire/ — eBullion Inc. (EBML) observed investors funding their gold trading accounts when gold price had the strongest quarterly rise since Q3 1986.  More investors are funding Gold investment accounts for the first time in Q1 compared to the last quarter of 2015.

In Q1, 2016, eBullion observed more investors are funding their Gold trading accounts in the company’s wholly owned subsidiary Man Loong Bullion Company. Man Loong Bullion Company is an AA trading member of the Chinese Gold and Silver Exchange Society (“CGSE”).  This observation is in line with the research report that was released by BullionVault.com.

GOLD’ s largest Dollar-price rise in almost 30 years saw a jump in new private investing, writes Adrian Ash at BullionVault.

New account openings here at the market-leading physical gold and silver exchange online almost doubled between January and March compared with the previous 3 months, reaching a level not seen since spring 2013.

Back then, in contrast, gold investing prices suffered their worst-ever fall, dropping 25% against the US Dollar between April and June 2013 and drawing a wave of ‘bargain hunting’ from private individuals buying gold at what were then the lowest prices in almost 3 years.

Gold ended last month 17% higher versus the Dollar from the end of December, its strongest quarterly rise since Q3 1986.

More research showed part of the reasons that price of Gold is up by 16% year-to-date is due to Negative Interest Rate Policy (NIRP).  In addition, the demand for gold as a portfolio asset may structurally increase, as NIRP:

  1. Reduces the opportunity cost of holding gold;
  2. Limits the pool of assets some investors/managers would invest in;
  3. Erodes confidence in fiat currencies; and
  4. Further increases uncertainty and market volatility.

To learn more about eBullion Inc, visit the company website at http://www.ebulliongroup.com/. Telephone: +852-2155-3999
E-mail: investor@ebulliongroup.com

Disclaimer:

This press release contains forward-looking statements that may involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words “plan”, “target”, “anticipate,” “believe,” “estimate,” “intend” and “expect” and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding eBullion’s strategy, future plans for business development, future expenses and costs, future liquidity and capital resources, and estimates of business profit. All forward-looking statements in this press release are based upon information available to eBullion on the date of the release, and eBullion assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The company’s actual results could differ materially from those discussed in this press release. In particular, there can be no assurance that business development will continue at any specific progress. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the company’s 10-K filed with the U.S. Securities Exchange Commission.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ebullion-inc-otcqb-ebml-observed-investors-funding-their-gold-trading-accounts-when-gold-price-had-the-strongest-quarterly-rise-since-q3-1986-300248359.html

SOURCE ebulliongroup.com

eBullion Inc. Goes International Through CGSE’s “Gold Connect” Strategy

NEW YORK, March 29, 2016 /PRNewswire/ — Since the launch of the ‘Shanghai-Hong Kong Gold Connect’ in July 2015, the transaction volume of Renminbi Kilo Bar Gold has increased by 5-10% to an average daily volume of 5,000 kg. eBullion (OTCQB: EBML) and other gold trading platform providers in Hong Kong are benefited by the increase of average trading transactions.

The Chinese Gold and Silver Exchange Society (CGSE) plans to launch a Singapore-Hong Kong Gold Connect with the Singapore Exchange (SGX), and 15 CGSE members are in the process of becoming qualified on the SGX board for conducting transactions. eBullion (EBML), wholly owned subsidiary Man Loong Bullion Company, is an AA CGSE trading member intending to participate in the ‘Singapore-Hong Kong Gold Connect’. The application will take two to three months to complete.

After the SGX, the CGSE’s next target in overseas trading will be India. This is in line with the business strategy of eBullion to go internationalization.

CGSE President Mr. Steven Chan said that gold trading should take advantage of the One Belt, One Road national initiative so that the gold trading market could be enhanced, which would help the process of the internationalization of the Renminbi.

Among the 100 richest gold reserve countries in the world today, 43 of them are situated along the trade routes covered by the One Belt, One Road scheme, and the gold reserves of these countries amount to 21,000 tons or 41.5% of the total global reserves.

Myanmar, Mongolia and Kazakhstan are three countries famous for their rich gold resources and are in the coverage of One Belt, One Road. Mr. Chan highlighted that Hong Kong, being an important hub city on the trade routes, should be more active in helping the internationalization of the Chinese gold trading market.

To learn more about eBullion Inc, visit the company website at http://www.ebulliongroup.com.

Contact:

Vicki Li 
+852-2155-3999
investor@ebulliongroup.com

Disclaimer:

This press release contains forward-looking statements that may involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words “plan”, “target”, “anticipate,” “believe,” “estimate,” “intend” and “expect” and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding eBullion’s strategy, future plans for business development, future expenses and costs, future liquidity and capital resources, and estimates of business profit. All forward-looking statements in this press release are based upon information available to eBullion on the date of the release, and eBullion assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The company’s actual results could differ materially from those discussed in this press release. In particular, there can be no assurance that business development will continue at any specific progress. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the company’s 10-K filed with the U.S. Securities Exchange Commission.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ebullion-inc-goes-international-through-cgses-gold-connect-strategy-300243133.html

SOURCE ebulliongroup.com

“Super Tuesday” began with the uncertain of non-farm figures

Risk event for the week of the week, except for a February United States non-farm figures there is United States presidential primary. United States presidential election is not just United States an important political event in the country, also affected the entire international market trends.

On Tuesday that opened the first day of March, United States the most important primaries in the presidential election campaign “Super Tuesday” began. The same day, the democratic and Republican party contenders for the hundreds of delegates pulled out all the stops, in order to sharply in the days ahead of the competition, in order to pave the way to win their party’s nomination, and one step from the White House.

(more…)

eBullion Inc. (OTCQB: EBML) Benefits from Favorable Policy in China Free Trade Zone

NEW YORK, March 1, 2016 /PRNewswire/ — eBullion’s wholly owned subsidiary Man Loong Bullion Company acts in its capacity as an officially designated electronics AA trading member of the Chinese Gold and Silver Exchange Society (“CGSE”).  CGSE’s goals in 2016 will be promoting the role of Hong Kong as a major gold trading center in the sphere covered by China’sOne Belt, One Road” initiative, and together with their business in the Qianhai warehouse, CGSE aims at making China the most important gold market in Asia by building more trading connection with overseas markets.

CGSE is approved by China government to construct a gold bonded warehouse in Qianhai, Shenzhen, which is set to have a storage capacity for 1,500 tons of gold. The warehouse will operate as a sealed-off, tariff-free trading center for gold, in which CGSE members will facilitate trading. It is also hoped that the warehouse will bring greater value to both the economies of Hong Kong and China.  Customs gold bonded warehouse that would operate up to 22 hours per day will facilitate the import and export clearance of Gold.

Currently, eBullion’s customers are mainly individual investors, with this new gold bonded warehouse in Qianhai, Shenzhen, eBullion will be able to offer gold clearance services for institutional clients in China and other countries in Asia.

To learn more about eBullion Inc, visit the company website at http://www.ebulliongroup.com/. Telephone: (+852) 2155-3999
E-mail: investor@ebulliongroup.com

Disclaimer:

This press release contains forward-looking statements that may involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words “plan”, “target”, “anticipate,” “believe,” “estimate,” “intend” and “expect” and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding eBullion’s strategy, future plans for business development, future expenses and costs, future liquidity and capital resources, and estimates of business profit. All forward-looking statements in this press release are based upon information available to eBullion on the date of the release, and eBullion assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The company’s actual results could differ materially from those discussed in this press release. In particular, there can be no assurance that business development will continue at any specific progress. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the company’s 10-K filed with the U.S. Securities Exchange Commission.

SOURCE ebulliongroup.com