Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-57897 Sat, 03 Oct 2015 15:51:35 GMT India's Massive Silver Demand Nearing 2x U.S. Level iehi-feed-57889 Fri, 02 Oct 2015 13:26:15 GMT Chinese Cash Flow Shocker: More Than Half Of Commodity Companies Can't Pay The Interest On Their Debt iehi-feed-57885 Fri, 02 Oct 2015 13:16:34 GMT About That Silver "Price Decline"? Not If You Want To Buy Any... Here's a trio of pieces from ShareLynx on silver price "premiums" (also know as the difference between the real-world physical bullion price and the manipulated, fake COMEX price):

iehi-feed-57874 Wed, 30 Sep 2015 19:16:22 GMT China Bought Gold With Proceeds From Record Sale Of US Treasurys; is Now Adding Monthly iehi-feed-57872 Wed, 30 Sep 2015 16:33:50 GMT Shanghai Gold Withdrawals at Record on Signs of More Demand iehi-feed-57869 Wed, 30 Sep 2015 15:06:04 GMT Frackers face mass extinction iehi-feed-57862 Wed, 30 Sep 2015 14:27:02 GMT The Next AIG-Style Meltdown Began 24 Hours Ago iehi-feed-57860 Tue, 29 Sep 2015 15:01:25 GMT The collapse of Saudi Arabia is inevitable From 2005 to 2015, Saudi net exports have experienced an annual decline rate of 1.4 percent, within the range predicted by Brown and Foucher. A report by Citigroup recently predicted that net exports would plummet to zero in the next 15 years... This means that Saudi state revenues, 80 percent of which come from oil sales, are heading downwards, terminally.


Saudi Arabia's considerable reserves are being depleted at unprecedented levels, dropping from their August 2014 peak of $737 billion to $672bn in May -- falling by about $12bn a month.

At this rate, by late 2018, the kingdom's reserves could deplete as low as $200bn, an eventuality that would likely be anticipated by markets much earlier, triggering capital flight.To make up for this prospect, King Salman's approach has been to accelerate borrowing. What happens when over the next few years reserves deplete, debt increases, while oil revenues remain strained?

iehi-feed-57859 Tue, 29 Sep 2015 14:57:58 GMT Why Shell Quit Drilling in the Arctic iehi-feed-57856 Tue, 29 Sep 2015 13:30:52 GMT Glencore shares obliterated after analysts warn they could be worthless iehi-feed-57855 Tue, 29 Sep 2015 13:30:01 GMT With Glencore, Commodity Rout Beginning to Look Like a Crisis iehi-feed-57854 Mon, 28 Sep 2015 23:04:45 GMT Latest SGE gold deliveries suggest enormous 2015 demand total of over 2650 tonnes iehi-feed-57852 Mon, 28 Sep 2015 20:28:22 GMT UBS Is About To Blow The Cover On A Massive Gold-Rigging Scandal iehi-feed-57849 Mon, 28 Sep 2015 18:51:43 GMT How Sweden's negative interest rates experiment has turned economics on its head ... can policymakers keep at this forever? Even if turns out that the lower bound was not negative, economists still believe that one exists. Attempts to estimate the unknown vary, but the fees charged by credit companies give some indication as to how strongly we prefer to use cash. These can be as low as minus 3pc according to Barclays, indicating that central bankers have much more room to slash rates. Pension funds might be among the first to abandon banks if things get too painful, because of what in effect can look like a tax on holding money.

They have only been able to do this because they've killed -- for now, at least -- the natural stampede into gold and other hard assets that negative interest rates naturally causes. When they lose control of the gold-suppression racket, things could get very interesting very quickly...

iehi-feed-57848 Mon, 28 Sep 2015 18:09:11 GMT Glencore in Freefall as Analysts See Tougher Restructuring iehi-feed-57846 Mon, 28 Sep 2015 14:25:39 GMT Swiss watchdog opens probe into precious metal manipulation by UBS, HSBC, others iehi-feed-57840 Sun, 27 Sep 2015 14:15:41 GMT Refining Industry Insider: "The gold price has no correlation to the physical market" iehi-feed-57831 Sat, 26 Sep 2015 14:44:03 GMT Junk-Debt Investors Fight for Scraps as U.S. Shale "Bubble Bursting" iehi-feed-57830 Fri, 25 Sep 2015 22:39:59 GMT Scotia Mocatta Comex gold inventories - bullion bank "run"? iehi-feed-57827 Fri, 25 Sep 2015 15:26:57 GMT JPMorgan soaked $150 million from based metals customers before crackdown