Bernanke: Gold Seen by Some as `Disaster Insurance'

July 18 (Bloomberg) -- Gold prices have fallen this year because investors see a reduced need for "disaster insurance," Federal Reserve Chairman Ben S. Bernanke said. Bernanke spoke in response to questions from Senator Dean Heller, a Nevada Republican, during his testimony before the U.S. Senate Banking Committee. (This is an excerpt. Source: Bloomberg)

Differences Between U.S. and EU Bank Stress Tests
00:40 - Michael Metcalfe, global head of macro strategy at State Street Global, discusses both the state of the banking sector and impact from Brexit. He speaks with Manus Cranny and Caroline Hyde on Bloomberg Television’s “On The Move.” (Source: Bloomberg)
  • Virgin Money CEO: More Mortgages Paid Down Post-Brexit
  • AB InBev Tops up SABMiller Offer After Brexit Shakes
  • The Crude Reality of BP's Sliding Profits