Commodity market The price of gold bullion fell dramatically on 12 April 2013 and analysts frantically sought explanations. Rumors spread that the European Central Bank (ECB) would force Cyprus to sell its gold reserves in response to its financial crisis. Major banks such as Goldman Sachs began immediately to short gold bullion. Investors scrambled to liquidate their exchange-traded funds (ETFs) and margin call selling accelerated. George Gero, precious metals commodities expert at the Royal Bank of Canada (RBC) Wealth Management section reported that he had not seen selling of gold bullion as panicked as this in his forty years in commodity markets.
Archconfraternity of the Most Precious Blood Archconfraternity of the Most Precious Blood Archconfraternity of the Most Precious Blood refers to a Roman Catholic archconfraternity, associated with confraternities which make it their special object to venerate the Blood of Christ. They first arose in Spain. In the life of the Carmelite lay brother Francis of the Infant Jesus (d. 1601), mention is made of such a confraternity as existing in Valencia. It was said of the Carmelite Anna of St. Augustine (d. 1624), that "she received with hospitality those who went about collecting alms for the confraternities of the Precious Blood erected in many places". Ravenna, Italy,