Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-59669 Sat, 30 Apr 2016 16:35:06 GMT Inflation Misses Fed's 2% Target ... Again (But Food Up 30% Annualized This Year) http://implode-explode.com/viewnews/2016-04-30_InflationMissesFeds2TargetAgainButFoodUp30AnnualizedThisYear.html iehi-feed-59668 Sat, 30 Apr 2016 02:06:25 GMT The Deutsche Bank Settlement is Meaningless http://implode-explode.com/viewnews/2016-04-29_TheDeutscheBankSettlementisMeaningless.html iehi-feed-59667 Fri, 29 Apr 2016 23:41:51 GMT Did Shanghai just blow a hole in the old gold market? http://implode-explode.com/viewnews/2016-04-29_DidShanghaijustblowaholeintheoldgoldmarket.html ... the few percentage point drop in the dollar against the yen over the past week is really not enough to justify a nearly $60 rise in the price of gold over the past five trading sessions.  The bigger determinant has been China's underpinning of the gold price on two different occasions over the past week after it had taken a major turn to the downside in New York trading... the two reversals of New York pricing -- occurring over the course of the past week -- sent a message loud and clear to traders around the world: China was going to be a presence in the gold market and a formidable one.

... Do you remember reports a few weeks back, reported here, about a secret G20 accord to organize a de facto dollar devaluation? More and more, it is beginning to look like such an accord may have been agreed. If so, it would explain the Fed's mysterious dovishness of the past several weeks. It also serves as an additional impetus to gold demand among investors of all descriptions -- private, public and institutional... Coupled with Shanghai's aggressive acquisition strategy, we do think that we may have entered a new era for the gold and silver markets.

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iehi-feed-59661 Fri, 29 Apr 2016 12:24:01 GMT Australia Is Blocking China From Buying 1% of Its Landmass in Single Deal http://implode-explode.com/viewnews/2016-04-29_AustraliaIsBlockingChinaFromBuying1ofItsLandmassinSingleDeal.html iehi-feed-59660 Fri, 29 Apr 2016 03:30:16 GMT Volume Collapses As China Commodity Exchanges Ordered To "Curb Speculation" http://implode-explode.com/viewnews/2016-04-28_VolumeCollapsesAsChinaCommodityExchangesOrderedToCurbSpeculation.html iehi-feed-59659 Fri, 29 Apr 2016 03:23:49 GMT Exxon Mobil Loses 'AAA' Rating It Held Since Depression http://implode-explode.com/viewnews/2016-04-28_ExxonMobilLosesAAARatingItHeldSinceDepression.html iehi-feed-59658 Thu, 28 Apr 2016 20:06:01 GMT Russia to Price Its Own Oil, Ditch Dollars http://implode-explode.com/viewnews/2016-04-28_RussiatoPriceItsOwnOilDitchDollars.html iehi-feed-59654 Thu, 28 Apr 2016 15:12:57 GMT Japan consumer prices fall at fastest in 3 years before BOJ meeting http://implode-explode.com/viewnews/2016-04-28_Japanconsumerpricesfallatfastestin3yearsbeforeBOJmeeting.html iehi-feed-59644 Tue, 26 Apr 2016 20:13:05 GMT Unmistakable Gold, Silver Breakouts To Continue http://implode-explode.com/viewnews/2016-04-26_UnmistakableGoldSilverBreakoutsToContinue.html iehi-feed-59621 Sat, 23 Apr 2016 17:27:29 GMT Oil Megaprojects Dreamed Up a Decade Ago Still Coming Online, Limiting Production Decline http://implode-explode.com/viewnews/2016-04-23_OilMegaprojectsDreamedUpaDecadeAgoStillComingOnlineLimitingProdu.html iehi-feed-59620 Sat, 23 Apr 2016 17:23:53 GMT China's Great Ball of Money Is Rushing Into Commodities Futures http://implode-explode.com/viewnews/2016-04-23_ChinasGreatBallofMoneyIsRushingIntoCommoditiesFutures.html "The great ball of China money is moving away from bonds and stocks to commodities," said Zhang Guoyu, a Shanghai-based analyst at Tebon Securities Co. "We've seen a lot of people opening accounts for commodities futures recently."

...

While the underlying products may be anything but glamorous, the numbers are eye-popping: contracts on more than 223 million metric tons of rebar changed hands on Thursday, more than China's full-year production of the material used to strengthen concrete.

...

"The market is moving so quickly, yesterday felt just like the stock market in June last year before the crash," Tiger Shi, a managing partner at Bands Financial Ltd. said by phone from Hong Kong. "I think how it goes up, that's how it will come down."

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iehi-feed-59617 Sat, 23 Apr 2016 17:01:24 GMT US-Saudi: Yesteryear days are gone forever http://implode-explode.com/viewnews/2016-04-23_USSaudiYesteryeardaysaregoneforever.html iehi-feed-59616 Fri, 22 Apr 2016 23:58:33 GMT Has India Joined Russia and China to Form a "Big Three" on South China Sea Dispute? http://implode-explode.com/viewnews/2016-04-22_HasIndiaJoinedRussiaandChinatoFormaBigThreeonSouthChinaSeaDisput.html iehi-feed-59597 Wed, 20 Apr 2016 18:22:48 GMT Take Off Your Tin Foil Hat -- Banksters Admit to Gold Rigging http://implode-explode.com/viewnews/2016-04-20_TakeOffYourTinFoilHatBankstersAdmittoGoldRigging.html iehi-feed-59589 Wed, 20 Apr 2016 15:29:58 GMT As SGE Launches, Why Are The Chinese Stockpiling Silver? http://implode-explode.com/viewnews/2016-04-20_AsSGELaunchesWhyAreTheChineseStockpilingSilver.html It looks like something big may happen to the silver market and the Chinese are preparing for it.  After China launched it's new Yuan Gold Fix today [4/19], the prices of the precious metals surged.  At one point today, silver was up 5%.  Silver is now trading at the $17 level, a price not seen in over a year.

Even though gold has taken center stage today due to Chinese rolling out there new Yuan Gold fix, something quite interesting has been taking place in the silver market over the past six months.  While Comex silver inventories have been declining from a peak of 184 million oz (Moz) in July 2015 to 154 Moz today, silver stocks at the Shanghai Futures Exchange have been doing the exact opposite.  And in a BIG WAY...

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iehi-feed-59586 Tue, 19 Apr 2016 16:59:10 GMT Is Dilma's Impeachment Actually a Coup? http://implode-explode.com/viewnews/2016-04-19_IsDilmasImpeachmentActuallyaCoup.html iehi-feed-59581 Mon, 18 Apr 2016 13:57:33 GMT Brazilian congress votes to impeach president Rousseff http://implode-explode.com/viewnews/2016-04-18_BraziliancongressvotestoimpeachpresidentRousseff.html Brazilian president Dilma Rousseff suffered a crushing defeat on Sunday as a hostile and corruption-tainted congress voted to impeach her. In a rowdy session of the lower house presided over by the president's nemesis, house speaker Eduardo Cunha, voting ended late on Sunday evening with 367 of the 513 deputies backing impeachment -- comfortably beyond the two-thirds majority of 342 needed to advance the case to the upper house.

Once the senate agrees to consider the motion, which is likely within weeks, Rousseff will have to step aside for 180 days and the Workers party government, which has ruled Brazil since 2002, will be at least temporarily replaced by a centre-right administration led by vice-president Michel Temer.

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iehi-feed-59579 Mon, 18 Apr 2016 13:48:29 GMT Oil producers get worst possible outcome, destroy remaining credibility http://implode-explode.com/viewnews/2016-04-18_Oilproducersgetworstpossibleoutcomedestroyremainingcredibility.html Emerging Markets Pause Rally as Investors Weigh Doha Impasse.]]> iehi-feed-59571 Sun, 17 Apr 2016 13:35:56 GMT Oil freeze deal faces trouble as Saudi-Iran tensions spike http://implode-explode.com/viewnews/2016-04-17_OilfreezedealfacestroubleasSaudiIrantensionsspike.html iehi-feed-59570 Sun, 17 Apr 2016 01:47:45 GMT BRICS Bank Announces First Set Of Loans http://implode-explode.com/viewnews/2016-04-16_BRICSBankAnnouncesFirstSetOfLoans.html