The gold market continues to act as if the forces of supply and demand don’t exist. The number of claims per ounce of gold stored at COMEX’s vaults have reached a high of 110 per
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Chinese Debt; The Looming Crisis
2.6 trillion yuan, or around $0.5 trillion of Chinese non-financial corporate debt is expected to come due during 2014. This figure includes principal repayments and interest and is the largest figure on record for Chinese
Continue ReadingChina Saved the World in 2008 but now it’s About to do the Opposite
China is getting the world’s attention again. Unfortunately, this time it’s for all the wrong reasons. Earlier this month, shock waves rippled through the financial market after the Chinese overnight interbank lending rate – Shibor
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