Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-57149 Tue, 07 Jul 2015 13:28:11 GMT Billionaire Ray Dalio Bought 463,000 Shares of Silver Wheaton Corp http://implode-explode.com/viewnews/2015-07-07_BillionaireRayDalioBought463000SharesofSilverWheatonCorp.html iehi-feed-57135 Sun, 05 Jul 2015 14:41:54 GMT Whistleblower Andrew Maguire Says Gold Short-Selling Racket Running Out of Physical http://implode-explode.com/viewnews/2015-07-05_WhistleblowerAndrewMaguireSaysGoldShortSellingRacketRunningOutof.html iehi-feed-57134 Sun, 05 Jul 2015 14:40:22 GMT China Official Lets Slip That Gold Reserves Almost 10,000 tonnes http://implode-explode.com/viewnews/2015-07-05_ChinaOfficialLetsSlipThatGoldReservesAlmost10000tonnes.html iehi-feed-57130 Sat, 04 Jul 2015 15:54:24 GMT Mexico Silver Production Down A Stunning 12%; Shortages Could Develop Within The Year http://implode-explode.com/viewnews/2015-07-04_MexicoSilverProductionDownAStunning12ShortagesCouldDevelopWithin.html iehi-feed-57126 Sat, 04 Jul 2015 00:21:45 GMT Major Retail Gold Bullion Dealer Can't Get Gold; Suspends Operations (AND OTHER TIMELY PM'S MARKET PUZZLES...) http://implode-explode.com/viewnews/2015-07-03_MajorRetailGoldBullionDealerCantGetGoldSuspendsOperationsANDOTHE.html iehi-feed-57123 Fri, 03 Jul 2015 22:12:53 GMT Putin Gobsmacks Uncle Sam ... Again - Mike Whitney http://implode-explode.com/viewnews/2015-07-03_PutinGobsmacksUncleSamAgainMikeWhitney.html iehi-feed-57120 Fri, 03 Jul 2015 14:46:51 GMT Did The IMF Just Open Pandora's Box? Admits Greek Debt "Unsustainable" http://implode-explode.com/viewnews/2015-07-03_DidTheIMFJustOpenPandorasBoxAdmitsGreekDebtUnsustainable.html iehi-feed-57114 Thu, 02 Jul 2015 22:08:06 GMT NSA phone tap of Angela Merkel reveals she knew Greece's debt was unsustainable in 2011 http://implode-explode.com/viewnews/2015-07-02_NSAphonetapofAngelaMerkelrevealssheknewGreecesdebtwasunsustainab.html iehi-feed-57093 Tue, 30 Jun 2015 15:52:37 GMT JPMorgan Just Cornered The Commodity Derivative Market, As OCC Hides Gold Activity http://implode-explode.com/viewnews/2015-06-30_JPMorganJustCorneredTheCommodityDerivativeMarketAsOCCHidesGoldAc.html iehi-feed-57088 Mon, 29 Jun 2015 20:50:42 GMT China Secures Veto Power as Members Sign Up to New Bank - Bloomberg Business http://implode-explode.com/viewnews/2015-06-29_ChinaSecuresVetoPowerasMembersSignUptoNewBankBloombergBusiness.html The AIIB gives China another platform to expand regional influence and augment its "New Silk Road" trade initiative. China's companies will get fresh opportunities in countries from Indonesia to Kazakhstan to counter the impact of slowing growth at home and sluggish demand for exports in Europe.

Major decisions for which China can exercise veto power include electing AIIB's president, increasing or decreasing the authorized capital stock, determining reserves, amending the agreement, and approving major operational and financial policies. Other matters will be decided by a simple majority.

... "Xi Jinping would like to see an early harvest from his One Belt, One Road project," Zhu said. "The AIIB provides a conduit for that. His reputation is now tied with the project."

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iehi-feed-57073 Sun, 28 Jun 2015 02:12:33 GMT Russia's Pivot to China Is Real http://implode-explode.com/viewnews/2015-06-27_RussiasPivottoChinaIsReal.html iehi-feed-57066 Fri, 26 Jun 2015 21:34:22 GMT The Shale Bloodbath Is Yet To Begin http://implode-explode.com/viewnews/2015-06-26_TheShaleBloodbathIsYetToBegin.html iehi-feed-57050 Thu, 25 Jun 2015 01:42:29 GMT IKEA Indexes Pay to Real "Living Wage"; Slammed by Lower Turnover and Better-Qualified Employees In Response http://implode-explode.com/viewnews/2015-06-24_IKEAIndexesPaytoRealLivingWageSlammedbyLowerTurnoverandBetterQua.html iehi-feed-57049 Thu, 25 Jun 2015 01:26:44 GMT Japan Becomes "Diamond Mine" For China As Elders Liquidate Assets http://implode-explode.com/viewnews/2015-06-24_JapanBecomesDiamondMineForChinaAsEldersLiquidateAssets.html "I want to spend the money for traveling or dinner rather than just holding the diamond in my closet," a 64-year-old housewife, who asked to be identified by her first name, Mitsuko, said after selling her two-carat diamond ring at a Komehyo Co. store in Tokyo's bustling Shinjuku district. She declined to say how much she got, except to say that it was less than what she paid 30 years ago.

...

A weakening yen is also making Japanese diamonds and jewelry more attractive to customers visiting from overseas, according to Naoto Owaki, a senior manager in the marketing and sales promotion department at Komehyo. The currency has fallen 18 percent against the dollar in the last 12 months, the worst performer against the greenback among 12 of its peers in Asia.

...

"We can buy recycled diamonds 15 percent cheaper in Japan than for same-quality new ones in India," Bhandari said. And, the nearly unbreakable stones can hold their value from one country's rise to the next, he said.

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iehi-feed-57046 Wed, 24 Jun 2015 17:16:34 GMT Russia Pips Saudi Arabia in Race to Grab China Oil Market Share (LEAPFROGGING BY DOLLAR-DITCHING) http://implode-explode.com/viewnews/2015-06-24_RussiaPipsSaudiArabiainRacetoGrabChinaOilMarketShareLEAPFROGGING.html iehi-feed-57039 Wed, 24 Jun 2015 15:18:09 GMT Ted Butler: JP Morgan Racked Up Perfect Trading Record With Silver Shorts http://implode-explode.com/viewnews/2015-06-24_TedButlerJPMorganRackedUpPerfectTradingRecordWithSilverShorts.html iehi-feed-57030 Tue, 23 Jun 2015 15:19:03 GMT Gold mine cost cutting not allaying margin falls http://implode-explode.com/viewnews/2015-06-23_Goldminecostcuttingnotallayingmarginfalls.html iehi-feed-57027 Mon, 22 Jun 2015 17:53:42 GMT Wage talks begin in ailing South Af. gold sector; Sides "Far Apart" http://implode-explode.com/viewnews/2015-06-22_WagetalksbegininailingSouthAfgoldsectorSidesFarApart.html iehi-feed-57015 Sat, 20 Jun 2015 14:20:01 GMT The Russian pipeline waltz http://implode-explode.com/viewnews/2015-06-20_TheRussianpipelinewaltz.html iehi-feed-57012 Sat, 20 Jun 2015 14:02:49 GMT Greek prime minister reaches out to Vladimir Putin for help in financial crisis http://implode-explode.com/viewnews/2015-06-20_GreekprimeministerreachesouttoVladimirPutinforhelpinfinancialcri.html