gata.org / By Brenda Goh / 2014-10-24 13:32
By Brenda Goh Reuters Thursday, October 23, 2014
SHANGHAI — Australia, Indonesia, and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders.
China’s proposed $50 billion Asian [...]
caseyresearch.com / Chuck Butler / October 24, 2014
In This Issue.
* Currencies eke out small gains. * Eurozone AQR results on Sunday. * Brazilian election on Sunday, finally! * China’s Gold demand in 2013 reaches 2,199 tonnes!
And Now. Today’s A Pfennig For Your Thoughts.
A Good Data-Wise Week For China.
Good Day!… [...]
zerohedge.com / by Tyler Durden / 10/24/2014 08:04 -0400
It has been over six months since the Chinese housing bubble has popped. What’s worse, as overnight housing numbers out of China confirmed, the government has so far failed to contain the fallout, and according to the National Bureau of Statistics, which is anything but, after [...]
kingworldnews.com / October 24, 2014
With continued wild trading in markets around the globe, today the top trends forecaster in the world told King World News that the Swiss people are about to make history and stun the establishment. Below is what Gerald Celente, who is founder of Trends Research and the man considered to [...]
kingworldnews.com / October 23, 2014
Today John Mauldin warned King World News that the world is now headed for unprecedented volatility and chaos. Mauldin, who is President of Millennium Wave Securities, also discussed the ominous warning featured below from Ambrose Evans-Pritchard.
Eric King: “John, recently you featured this chilling portion of Ambrose Evans-Pritchard’s [...]
Note the regularly spaced volume spikes that took the eMini down $ES_F pic.twitter.com/zakCP4UzsZ
— Eric Scott Hunsader (@nanexllc) October 23, 2014
zerohedge.com / by Tyler Durden on 10/23/2014 16:06
Buyback-manipulated earnings produced the low-volume opening face-ripper everyone wanted and stocks took off, recovering yesterday’s late losses and not looking back.Trannies were the big winners, [...]
zerohedge.com / Via ConvergEx’s Nick Colas on 10/23/2014 13:18
What do an old German bank note, a current $100 bill, and an apple all have in common? The answer, according to ConvergEx’s Nick Colas, is that these simple objects can tell us much about the current investment scene, ranging from Europe’s economic challenges to the [...]
tfmetalsreport.com / By Turd Ferguson / October 23, 2014 at 11:00 am
Now even the China Gold Association is openly admitting that total Chinese wholesale demand was 2,200 metric tonnes in 2013. Of course, the only “analysis” that seems to matter creeps from the bowels of The World Gold Council, which continues to [...]
zerohedge.com / by Tyler Durden on 10/23/2014 09:54
But the world has been printing such great PMIs? And the US is the new engine of global growth? So how did US Manufacturing PMI just print 56.2, 3 month lows, and its biggest miss since August 2013? Following China and Europe’s lead, US is latest PMI [...]
zerohedge.com / by Tyler Durden / 10/23/2014 09:54 -0400
But the world has been printing such great PMIs? And the US is the new engine of global growth? So how did US Manufacturing PMI just print 56.2, 3 month lows, and its biggest miss since August 2013? Following China and Europe’s lead, US is latest [...]
gata.org / By A. Ananthalakshmi and Fayen Wong, Reuters / Tuesday, October 21, 2014
The Shanghai Gold Exchange is working on plans for China’s first forwards and options in gold, sources say, potentially putting China ahead in the race to set an Asian pricing benchmark that might eventually rival the London gold fix.
China, which [...]
zerohedge.com / by Tyler Durden / 10/22/2014 08:05 -0400
“The U.S. is, for better or worse, the growth engine of the world economy right now”
– Adolfo Laurenti, chief international economist for Mesirow Financial in Chicago.
It will be the plotline of scary stories parents tell their children for decades to come: in Q1 [...]
kingworldnews.com / October 22, 2014
Today an acclaimed money manager spoke with King World News about China’s plan for $100 silver, $2,000 gold, and the oil market. Stephen Leeb also spoke about the big picture for resource wars, fracking, Russia, the United States, and Saudi Arabia.
Leeb: “There is no doubt that the Saudis were [...]
thedailysheeple.com / Tony Cartalucci, New Eastern Outlook / October 21st, 2014
China is facing increasing pressure along two fronts. In its western province of Xinjiang, terrorists have been stepping up destabilization and separatist activities.
In China’s southeast Special Administrative Region of Hong Kong, protests have disrupted normality in the dense urban streets, with [...]
arabianmoney.net / 21 October 2014
In China they say if you wait long enough by the river bank you will see the body of your enemy float past. Hedge fund manager Jim Chanos has been patiently waiting four years for the Chinese economy to implode and it has not happened yet. In this Bloomberg interview [...]
zerohedge.com / by Tyler Durden / 10/21/2014 10:26
It is now beyond ridiculous.
Recall yesterday we reported that according to Japan’s Economy Minister, Akira Amari, who over the weekend went full economic retard – rather than face reality that Abenomics currency devaluation printfest has crushed the consumer beyond all expectations, he blamed the weather for [...]
caseyresearch.com / Marin Katusa / Oct 21, 2014
Economics. a fall in the general price level or a contraction of credit and available money (opposed to inflation). Source: Dictionary.com
The US Energy Information Administration (EIA) published a very compelling chart last week; it shows that the net energy imports of the US as [...]
marctomarket.com / by Marc Chandler / October 20, 2014
This Great Graphic shows the GDP of several major economies measured in US dollars. It was posted in the Wilson Quarterly, and draws from World Bank data. The US economy is on a parallel but somewhat lower path than it was on through the 90s [...]
truthingold.com / Dave in Denver / October 21, 2014 at 08:44
Even after a two-week rally in bullion, Indian prices remain 7.3 percent lower than a year ago just as sales are set to climb for the festival and wedding season. India is the largest gold buyer after China. The All India Gems & [...]
arabianmoney.net / 21 October 2014
Gold prices have rebounded to a five-week high of $1,250 as Diwali, the festival of lights celebrated by more than 800 million Hindus is feted on Wednesday in India, a religious holiday said to be a particularly auspicious time for buying gold. India was the largest consumer of gold [...]