zerohedge.com / Excerpted from Global Gold interview with Marc Faber / 08/29/2014 20:51
Let’s talk about the ongoing power shift from the West to the East.
Well, basically, everything is connected and interrelated. We had a colonial system until the end of the Second World War, followed by the rise of individual [...]
thedailybell.com / By Staff News & Analysis / August 29, 2014
The criminalisation of American business … Corporate settlements in the United States The criminalisation of American business Companies must be punished when they do wrong, but the legal system has become an extortion racket … Who runs the world’s most lucrative shakedown operation? The [...]
jessescrossroadscafe.blogspot.com / 27 AUGUST 2014
This was a very quiet trade for the day after a Comex Option Expiration. That in itself was notable. There are those who claim that there is a ‘China Put’ under the metals markets here. Well, let’s hope so.As you may know, we are sliding into the Labor Day [...]
zerohedge.com / Via Saxo Bank’s Steen Jakobsen of TradingFloor.com / 08/27/2014 16:31
Lee Iacocca, one of the true greats of the motor industry and a prolific author on leadership and management, once noted:“What is wrong with changing your mind because the facts change? But you have to be able to say why [...]
zerohedge.com / by Tyler Durden on 08/27/2014 15:33
We have presented numerous examples of the turmoil under the surface of China’s unprecedentedly placid GDP headlines but, as The FT reports, the desperation of property developers should be the biggest canary in the coalmine that all is not well. Developers began cutting prices this year [...]
zerohedge.com / by Tyler Durden on 08/27/2014 13:57
Several months ago, when Russia announced the much anticipated “Holy Grail” energy deal with China, some were disappointed that despite this symbolic agreement meant to break the petrodollar’s stranglehold on the rest of the world, neither Russia nor China announced payment terms to be in anything but [...]
teapartyeconomist.com / by Gary North on August 27, 2014
Those trusting souls who arrived late to the biggest housing bubble in history have lost a lot of money. They are going to lose a lot more.
It’s here at last. Pop.
In one case, scores of property owners surrounded a Shanghai sales office [...]
truthingold.com / Dave in Denver / August 27, 2014 at 11:54
Gold gained for a second day in London amid signs physical demand is increasing after prices fell last week to a two-month low.
The metal had dropped to $1,273.14 an ounce on August 21st, the lowest since June 18, [...]
goldswitzerland.com / by Moderator GoldS / August 26th, 2014
“Ironically, America has never been as powerful financially as it is now”
In this first of a series of London interviews that Lars Schall conducted for Matterhorn Asset Management this summer, Lars met up with Ambrose Evan-Pritchard to discuss geo-politcal tensions in [...]
zerohedge.com / by Tyler Durden on 08/26/2014 19:35
Unlike the QE-lite-driven exuberance in Chinese stocks of the last few weeks (which faded dramatically overnight), China’s industrial commodities (with near-record inventories) and seeing prices collapse. This may shock some who espy PMIs and government-created trade data and proclaim, China is fixed. In fact, as [...]
kingworldnews.com / August 26, 2014
Today an acclaimed money manager told King World News that we can expect skyrocketing prices for gold in coming years as China and Russia continue buying the metal in preparation for a new monetary order. Stephen Leeb also spoke about the evolving relationship between Russia and China.
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / August 26, 2014
Developers in China are offering up to $325,000 in incentives to home buyers.
The catch? Incentives come in the form of a credit on Alibaba’s Taobao, an e-commerce platform similar to eBay. More modest discounts, some of them retroactive, are offered by other developers to [...]
sovereignman.com / by Simon Black / August 26, 2014
A few days ago I had a conversation with the Chief Operating Officer for our agricultural fund in Chile.
We were discussing water, and he told me that roughly 60% of California right now is suffering “extreme drought” conditions. 30% of [...]
blog.milesfranklin.com / By Bill Holter / August 26th, 2014
Have you ever wondered what the world will look like when China decides to no longer use the dollar? I could have said “Russia and China” but Russia has already been forced away from the dollar in one of the worst policy moves ever [...]
clivemaund.com / Clive Maund / August 25th, 2014
In Why they are making an enemy of Russia? we looked at two of the key reasons why the US is making an enemy of Russia, namely the promotion of conflict by the powerful Defense industry lobby in order to keep its order books full, [...]
thedailybell.com / By Staff News & Analysis / August 26, 2014
German economy ‘losing steam’ as business confidence plunges again … Survey of optimism among companies adds to gloom enveloping Europe’s biggest economy … Germany’s businesses are rapidly losing confidence in the prospect of a recovery in the eurozone, in [...]
caseyresearch.com / Ed Steer / August 26, 2014
¤ YESTERDAY IN GOLD & SILVER
The gold price got hit for six bucks the moment that trading began at 6 p.m. EDT on Sunday evening in New York. Then shortly after London opened, the gold price began to struggle back—and made it almost to the unchanged [...]
blog.milesfranklin.com / Andrew Hoffman / August 25th, 2014
Another week passed and another week closer to the end of history’s most destructive financial experiment. This weekend alone, we witnessed further escalation of the “new Cold War,” China accusing a “sick” America of being a “disgusting, spying thief,” the largest Chinese supply-chain management company warning [...]
truthingold.com / By Dave in Denver / August 25, 2014 at 14:51
In broad daylight, he is a thin, soft-spoken 23-year-old who stays immaculately clean in Converse All-Stars and khaki pants. But to make ends meet, Mduduzi Matjila has taken on another life, one that takes him deep into the darkness of the earth [...]
armstrongeconomics.com / by Martin Armstrong / August 25, 2014
The revelations of the NSA tapping into everything has long-term serious implications. This outrageous snooping will cost the United States dearly for it will lose its technology edge over the world economy. As that declines, so will the US economy and that is how [...]
zerohedge.com / by Tyler Durden / 08/24/2014 14:08 -0400
Yesterday it was China slamming America’s superpower status (and thus dollar reserve currency status) when in Sina News it stated the following:
Their various reconnaissance aircraft have been wandering around foreign airspace for decades and watching the military secrets of other countries like a [...]
zerohedge.com / by Tyler Durden / 08/23/2014 21:31 -0400
When we last met Sergei Glazyev, Vladimir Putin’s chief ‘integration’ adviser (who has been regularly featured on these pages in the past (see Putin Adviser Threatens With Dumping US Treasurys, Abandoning Dollar If US Proceeds With Sanctions and Putin Adviser Proposes “Anti-Dollar Alliance” To [...]
zerohedge.com / by Tyler Durden / 08/23/2014 16:40 -0400
A year ago, when chatter began about China lifting its one-child policy, we explained the implications (and warned of excess exuberance). As Bloomberg reports, it appears China’s anticipated baby boom is more of a bust. Nine months after stock-market wagers on a baby boom in [...]
jessescrossroadscafe.blogspot.com / 22 AUGUST 2014
This is an interesting discussion by Jeff Sachs, about where we are and why we are there.
It is from Jeff Sachs talk at the Martin School at Oxford. I join it in progress.
I have come to believe that nothing will change until the financiers blow up the system [...]
zerohedge.com / by Tyler Durden on 08/22/2014 17:04
It appears China is as happy as Russia to show just how little respect it has for the US’ superpower ‘hegemony’ status. In May China flew close to Japan’s airforce; in June, Russia flew nose-to-nose with the US; and now The Pentagon reports a [...]
goldbroker.com / Philippe Herlin / Aug 21, 2014
In Pebble Beach, California, during The Quails “Concours d’Élégance”, a 1962 Ferrari 250 GTO was sold at auction by Bonhams for$38 million, which constitutes an all-time record for a collector’s automobile. The price paid is 100 times that of the most expensive new Ferrari in their catalogue [...]