Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-55315 Thu, 30 Oct 2014 14:34:06 GMT The new London gold ‘fix' -- the battle has commenced http://implode-explode.com/viewnews/2014-10-30_ThenewLondongoldfixthebattlehascommenced.html iehi-feed-55313 Thu, 30 Oct 2014 14:09:57 GMT U.S. Economy Up 3.5% in 3rd Quarter, Capping Best 6 Months in Over a Decade http://implode-explode.com/viewnews/2014-10-30_USEconomyUp35in3rdQuarterCappingBest6MonthsinOveraDecade.html iehi-feed-55311 Thu, 30 Oct 2014 00:35:11 GMT Russia vows to drill alone in Arctic http://implode-explode.com/viewnews/2014-10-29_RussiavowstodrillaloneinArctic.html Rather than throw in the towel in the face of Western sanctions intended to halt Russia's Arctic oil ambitions by stopping technology transfers, the Russians have responded with plans to "Russify" the technology to be deployed in the world's largest effort so far to extract oil from the thawing Arctic Ocean.

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A further "Russification" of the industry seems inevitable. This month, President Vladimir Putin approved the creation of a state-owned oil services company, RBC, a Russian business newspaper reported. The intention is to duplicate, as well as possible, the services purveyed now by Halliburton, Baker Hughes and Schlumberger.

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iehi-feed-55304 Wed, 29 Oct 2014 15:01:41 GMT How China & Gold Will Shape The Future - Willem Middlekoop http://implode-explode.com/viewnews/2014-10-29_HowChinaGoldWillShapeTheFutureWillemMiddlekoop.html iehi-feed-55291 Sat, 25 Oct 2014 17:00:03 GMT Chris Powell: The crucial questions financial journalism won't ask and central banks won't answer http://implode-explode.com/viewnews/2014-10-25_ChrisPowellThecrucialquestionsfinancialjournalismwontaskandcentr.html iehi-feed-55284 Fri, 24 Oct 2014 14:27:36 GMT Mining CEO Seeks to Form Physical Silver Cartel to End the Paper Manipulation http://implode-explode.com/viewnews/2014-10-24_MiningCEOSeekstoFormPhysicalSilverCarteltoEndthePaperManipulatio.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-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-55272 Thu, 23 Oct 2014 13:51:38 GMT Top bullion consumer China works on first gold forwards, options http://implode-explode.com/viewnews/2014-10-23_TopbullionconsumerChinaworksonfirstgoldforwardsoptions.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.

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iehi-feed-55268 Wed, 22 Oct 2014 15:44:13 GMT I am calling it - Oil tycoon De Margerie was murdered http://implode-explode.com/viewnews/2014-10-22_IamcallingitOiltycoonDeMargeriewasmurdered.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-55259 Tue, 21 Oct 2014 21:03:04 GMT Oil at $80 a Barrel Muffles Forecasts for U.S. Shale Boom http://implode-explode.com/viewnews/2014-10-21_Oilat80aBarrelMufflesForecastsforUSShaleBoom.html iehi-feed-55257 Tue, 21 Oct 2014 18:25:01 GMT China sets tougher restrictions on illegal mining, exporting of rare earths http://implode-explode.com/viewnews/2014-10-21_Chinasetstougherrestrictionsonillegalminingexportingofrareearths.html iehi-feed-55252 Tue, 21 Oct 2014 03:59:08 GMT "Anti-Petrodollar" CEO of Total is Now Conveniently Dead http://implode-explode.com/viewnews/2014-10-20_AntiPetrodollarCEOofTotalisNowConvenientlyDead.html iehi-feed-55244 Sat, 18 Oct 2014 15:04:11 GMT China, Russia said to mull high-speed Moscow-Beijing rail line http://implode-explode.com/viewnews/2014-10-18_ChinaRussiasaidtomullhighspeedMoscowBeijingrailline.html iehi-feed-55243 Sat, 18 Oct 2014 15:01:43 GMT The Chinese in Africa: Empire builders or new pioneers? http://implode-explode.com/viewnews/2014-10-18_TheChineseinAfricaEmpirebuildersornewpioneers.html iehi-feed-55242 Sat, 18 Oct 2014 14:54:18 GMT ISIS fighters withdraw from Syria's embattled Kobani http://implode-explode.com/viewnews/2014-10-18_ISISfighterswithdrawfromSyriasembattledKobani.html iehi-feed-55241 Sat, 18 Oct 2014 14:53:23 GMT Europe will reconcile with Russia, and soon. It can't afford not to http://implode-explode.com/viewnews/2014-10-18_EuropewillreconcilewithRussiaandsoonItcantaffordnotto.html After months of escalating tensions over Ukraine and talk of a new cold war, Russia and the West could soon reach a surprising rapprochement. The eurozone economy is suffering badly and sanctions against Russia are partly to blame. Winter is also upon us, and that reminds every-one Vladimir Putin still holds the cards when it comes to supplying gas.

The clincher, though, is that Ukraine is heading towards financial meltdown. Unless an extremely large bailout is delivered soon, there will be a default, sending shockwaves through the global economy. That's a risk nobody wants to take -- least of all Washington, London or Berlin.

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iehi-feed-55236 Thu, 16 Oct 2014 19:33:16 GMT Gold Imports by India Seen Rising More Than Fourfold Last Month http://implode-explode.com/viewnews/2014-10-16_GoldImportsbyIndiaSeenRisingMoreThanFourfoldLastMonth.html