zerohedge.com / by Tyler Durden on 10/20/2014 21:29
Following last year’s 20,000 word “decision” at the 3rd Plenum pledging reforms, soft-landings, and corruption crackdowns, we thought we’d leave it to China’s state-owned media to explain – via handy infographic – what to expect from the 4th Plenary session this week…
marctomarket.com / Dr.Win Thin and Ilan Solot / Oct 19, 2014
Emerging market assets have started off the week mixed, with few clear signals to follow. The major currencies also appear directionless at the moment, though eurozone flash PMIs on Thursday could help put the spotlight back on weakness there.
As long as the dollar [...]
zerohedge.com / by Tyler Durden on 10/20/2014 12:11
Up until a few years ago, conventional wisdom was that China would grow at nearly double digits as long as the eye could see. Then, however, something happened, and China’s 9% growth became 8%, then 7% and even lower, as suddenly the Politburo made it quite clear [...]
gold-eagle.com / By Vronsky / October 20, 2014
One of the pillars of any major world economy is its Energy Section. Therefore, how much a country consumes is a sign of its growth and relative economic strength vis-à-vis other nations. The following table shows the 12 biggest energy consuming nations in 2006. Annual energy [...]
caseyresearch.com / Chuck Butler / October 20, 2014
In This Issue.
* Currencies carve out small gains. * China strikes a blow for global growth! * Modi begins to reform India’s economy. * Bank of Canada bucking the trend?
And Now. Today’s A Pfennig For Your Thoughts.
China Injects Stimulus Into Lenders.
Good Day!.. And [...]
thewealthwatchman.com / OCTOBER 20, 2014
Western Bankers vs. Eastern Alliance
We’ve already taken a close look at the battle lines being drawn between East and West, between NATO and the SCO, between D.C/Brussels and the BRICS. Not only are these lines not going away, they are being reinforced with each passing day. The tension has [...]
gata.org / By Rajalakshmi Nirmal via The Hindu / October 19, 2014
Nobody would laugh at the rupee anymore.
* * *
Is India Sitting on a Gold Mine?
An interview with Sandeep Lakhwara, managing director of Deccan Gold Mines
India has very large resources of gold, several geological studies say. One estimate (2005 study) [...]
edgetraderplus.com / October 18, 2014
Saturday 18 October 2014
Take heart PM community, your turn is coming. What is happening in the stock market is a harbinger of what is sure to come for gold and silver, at some point in the future. When? Ah, that elusive question the answer to which so many [...]
paulcraigroberts.org / Paul Craig Roberts / October 17, 2014
Dear Readers, I now have for you the complete English transcript of Russian Foreign Minister Sergey Lavrov’s speech to the United Nations. Lavrov’s speech, together with President Putin’s remarks in his Serbian press conference (excerpts posted on this site) clearly indicate that the moral leader [...]
gata.org / By Jan Harvey, Reuters / Friday, October 17, 2014
LONDON — Growth in gold mine output from No. 1 producer China is set to slow significantly in coming years in the face of declining ore grades and waning profitability, analysts Business Monitor International said on Friday.
Lower mine production will pave the way [...]
zerohedge.com / by Tyler Durden / 10/17/2014 09:18 -0400
We suspect the market will be disappointed by this morning’s headlines from China. Chinese rate markets are implying a RRR cut is coming soon (as swap rates drop below deposit rates – previously signaled 2 RRR cuts) but the PBOC announced this morning a muich more [...]
goldsilverworlds.com / By Taki Tsaklanos / October 17, 2014
This is a translation of a speech delivered by Xu Luode, Chairman of the Shanghai Gold Exchange, at the LBMA Bullion Market Forum in Singapore on 25 June, 2014.
Thank you for inviting me to attend the LBMA Singapore Forum. It’s my great pleasure to [...]
libertyblitzkrieg.com / Michael Krieger / Oct 16, 2014
The city, population 57,600, projects that about 150 older homes—53 percent more than normal—will be torn down this year and replaced with mansions. The deals happen fast and are rarely listed publicly. Often, the first indication that a megahouse is coming next door is when the lawn [...]
gata.org / By Ambrose Evans-Pritchard, The Telegraph, London / October 15, 2014
Combined tightening by the United States and China has done its worst. Global liquidity is evaporating.
What looked liked a gentle tap on the brakes by the two monetary superpowers has proved too much for a fragile world economy, still locked in [...]
gata.org / By Pratik Parija / 2014-10-15 12:40
By Pratik Parija Bloomberg News Wednesday, October 15, 2014
NEW DELHI, India — Gold imports by India, the largest user after China, probably surged more than fourfold last month on expectations declining prices would boost festival demand.
Purchases are estimated at about 95 metric tons compared with [...]
wolfstreet.com / by Wolf Richter / October 15, 2014
It’s now called a “collapse”: The US benchmark light sweet crude plunged 4.6% to settle at $81.84 a barrel on Tuesday, the lowest since June 2012. In London, Brent made a similar journey to $85.04, its lowest level since November 2010. Explanations abound why this is [...]
marctomarket.com / by Marc Chandler / October 15, 2014
On October 9, the UK announced it was beginning the launch a yuan-denominated bond, becoming the first sovereign, besides China, to do so. It is spurring talk that this is the death of the US dollar.
It trumps the fact that the recent official reserve [...]
kingworldnews.com / October 14, 2014
Today an acclaimed money manager spoke with King World News about China’s stunning master plan for gold, silver, and oil. Stephen Leeb also spoke about the big picture for resource wars, fracking, Russia, the United States, and Saudi Arabia.
Leeb: “Saudi Arabia is flooding a world that is [...]