Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-55283 Fri, 24 Oct 2014 14:26:22 GMT China's economic growth slows to 7.3%, near six-year low http://implode-explode.com/viewnews/2014-10-24_Chinaseconomicgrowthslowsto73nearsixyearlow.html iehi-feed-55282 Fri, 24 Oct 2014 14:09:17 GMT Could France sell the Mona Lisa to pay off its debts? http://implode-explode.com/viewnews/2014-10-24_CouldFranceselltheMonaLisatopayoffitsdebts.html iehi-feed-55281 Fri, 24 Oct 2014 14:07:05 GMT Interest rates could stay low permanently, says Bank of England deputy governor http://implode-explode.com/viewnews/2014-10-24_InterestratescouldstaylowpermanentlysaysBankofEnglanddeputygover.html iehi-feed-55280 Thu, 23 Oct 2014 20:34:22 GMT SAY WATT? Fannie & Freddie Encourages Sub-Prime Lending | Mandelman Matters http://implode-explode.com/viewnews/2014-10-23_SAYWATTFannieFreddieEncouragesSubPrimeLendingMandelmanMatters.html iehi-feed-55279 Thu, 23 Oct 2014 19:51:24 GMT It will soon get easier to buy a home -- but don't do it http://implode-explode.com/viewnews/2014-10-23_Itwillsoongeteasiertobuyahomebutdontdoit.html iehi-feed-55278 Thu, 23 Oct 2014 19:35:31 GMT Sears to close stores, lay off about 5,500 http://implode-explode.com/viewnews/2014-10-23_Searstoclosestoreslayoffabout5500.html iehi-feed-55277 Thu, 23 Oct 2014 14:40:15 GMT The End of QE3, Trouble Ahead for the Bulls? http://implode-explode.com/viewnews/2014-10-23_TheEndofQE3TroubleAheadfortheBulls.html iehi-feed-55276 Thu, 23 Oct 2014 14:33:54 GMT Russia Loses Oil Ally in De Margerie After Moscow Crash http://implode-explode.com/viewnews/2014-10-23_RussiaLosesOilAllyinDeMargerieAfterMoscowCrash.html iehi-feed-55275 Thu, 23 Oct 2014 13:57:07 GMT China Gold Association: 2013 Gold Demand 2199t (NEARLY DOUBLE WGC'S NUMS!!) http://implode-explode.com/viewnews/2014-10-23_ChinaGoldAssociation2013GoldDemand2199tNEARLYDOUBLEWGCSNUMS.html iehi-feed-55274 Thu, 23 Oct 2014 13:55:12 GMT Big nations snub Beijing bank launch after US lobbying http://implode-explode.com/viewnews/2014-10-23_BignationssnubBeijingbanklaunchafterUSlobbying.html iehi-feed-55273 Thu, 23 Oct 2014 13:53:04 GMT How High Up Did the London Whale Criminality Go at JPMorgan? http://implode-explode.com/viewnews/2014-10-23_HowHighUpDidtheLondonWhaleCriminalityGoatJPMorgan.html MSM coverage.]]> iehi-feed-55271 Wed, 22 Oct 2014 23:55:57 GMT Social Security benefits rising, but only slightly (GRAND TOTAL OF LESS THAN 1.2%/yr SINCE 2009) http://implode-explode.com/viewnews/2014-10-22_SocialSecuritybenefitsrisingbutonlyslightlyGRANDTOTALOFLESSTHAN1.html iehi-feed-55270 Wed, 22 Oct 2014 15:54:58 GMT Chinese and Indian gold buyers back in market in a big way http://implode-explode.com/viewnews/2014-10-22_ChineseandIndiangoldbuyersbackinmarketinabigway.html What has been particularly strange about the gold market over the past two years is that the stronger the physical demand appearing for gold, the weaker the gold price has tended to get... gold hungry China and India continue to accumulate gold, between them at a rate which probably accounts for close to the full total of global mined supply. And there are another group of Asian nations with similar gold hoarding proclivities, not quite at the same scale, but cumulatively significant.

One may ask that, if indeed they are collectively accumulating more than global new mined supply, and with scrap supplies falling with the gold price, where all this gold is coming from... Last year it may have come from gold ETF liquidations which amounted to perhaps more than 700 tonnes, but although there have been some sales out of the gold ETFs this year they have been on nothing like the scale of 2013. So the conundrum remains. Demand has to be exceeding supply, yet the price keeps falling. Surely that has to end soon.

]]>
iehi-feed-55269 Wed, 22 Oct 2014 15:45:42 GMT Top mortgage servicing firm accused of foreclosure abuses http://implode-explode.com/viewnews/2014-10-22_Topmortgageservicingfirmaccusedofforeclosureabuses.html iehi-feed-55267 Wed, 22 Oct 2014 15:43:28 GMT M&A Deals Fail At Highest Rate Since 2008 http://implode-explode.com/viewnews/2014-10-22_MADealsFailAtHighestRateSince2008.html iehi-feed-55266 Wed, 22 Oct 2014 15:41:07 GMT EU fines JPMorgan, UBS, Credit Suisse for taking part in cartels http://implode-explode.com/viewnews/2014-10-22_EUfinesJPMorganUBSCreditSuissefortakingpartincartels.html iehi-feed-55265 Wed, 22 Oct 2014 15:39:55 GMT ‘Plunge protection' behind market's sudden recovery http://implode-explode.com/viewnews/2014-10-22_Plungeprotectionbehindmarketssuddenrecovery.html iehi-feed-55264 Wed, 22 Oct 2014 15:33:40 GMT New rules adopted in hopes of spurring home loans (but not for another year) http://implode-explode.com/viewnews/2014-10-22_Newrulesadoptedinhopesofspurringhomeloansbutnotforanotheryear.html iehi-feed-55263 Wed, 22 Oct 2014 14:50:45 GMT Forex-Rigging Fines Could Hit $41 Billion Globally: Citi http://implode-explode.com/viewnews/2014-10-22_ForexRiggingFinesCouldHit41BillionGloballyCiti.html iehi-feed-55262 Tue, 21 Oct 2014 21:18:26 GMT US existing home sales up 2.4 per cent in Sept. to fastest rate in 2014; still lags 2013 pace http://implode-explode.com/viewnews/2014-10-21_USexistinghomesalesup24percentinSepttofastestratein2014stilllags.html