Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-54563 Fri, 01 Aug 2014 14:02:41 GMT Russia has reserves to ride out sanctions - assuming no panic iehi-feed-54562 Fri, 01 Aug 2014 13:43:07 GMT Russia And India Begin Negotations To Use National Currencies In Settlements, Bypassing Dollar iehi-feed-54559 Fri, 01 Aug 2014 13:35:17 GMT ‘Dark pool' probes suck in big two Swiss banks iehi-feed-54558 Fri, 01 Aug 2014 13:34:51 GMT Rickards: 6 Major Flaws in the Fed's Economic Model iehi-feed-54557 Fri, 01 Aug 2014 13:25:36 GMT US judge Thomas Griesa schedules new hearing for Friday (today) iehi-feed-54555 Fri, 01 Aug 2014 13:18:26 GMT Big Banks' ‘Too-Big-to-Fail Subsidy' Is Waning, GAO Finds iehi-feed-54553 Thu, 31 Jul 2014 22:22:48 GMT Dow Erases 2014 Gain Amid Global Selloff as Exxon Tumbles iehi-feed-54549 Thu, 31 Jul 2014 17:22:35 GMT Bank of America ordered to pay $1.27 billion for 'Hustle' fraud iehi-feed-54548 Thu, 31 Jul 2014 17:20:58 GMT Japan June output falls at fastest pace since March 2011 quake iehi-feed-54547 Thu, 31 Jul 2014 17:20:24 GMT Global QE ends as China opens second front in bond tapering ("Ending", or switching to stocks?-Ed.) The study said the Chinese central bank, PBOC, and others had become "major players on world equity markets", effectively fuelling stock bubbles in much the same way they previously fuelled credit bubbles. "It appears that PBOC itself has been directly buying minority equity stakes in important European companies," it said.

It is possible that central banks are simply rotating from bonds into equities, deemed less vulnerable to a bond sell-off if inflation picks up again. Mr Nordvig said Nomura's data capture all of the flows and these show that pace is slowing. "I would miss it only if the money was being funnelled into a secret sovereign wealth fund," he said.''

iehi-feed-54545 Thu, 31 Jul 2014 16:25:34 GMT U.S. stocks slide on worries about Fed rate policy iehi-feed-54540 Thu, 31 Jul 2014 15:10:24 GMT Argentine Bonds Sink After Default; Swaps Holders Seek Ruling iehi-feed-54537 Wed, 30 Jul 2014 20:46:46 GMT Russian parliament may revise all international agreements over Yukos case iehi-feed-54536 Wed, 30 Jul 2014 20:44:38 GMT Levitin: US Courts' Hearing of Argentine Bond Case is Folly iehi-feed-54535 Wed, 30 Jul 2014 14:06:16 GMT U.S. homeownership at 18-year low in second quarter iehi-feed-54534 Wed, 30 Jul 2014 14:04:58 GMT WSJ Reporter, in New Book: "The Entire United States Market Has Become One Vast Dark Pool" iehi-feed-54533 Wed, 30 Jul 2014 14:03:21 GMT Axel Merk: Fed Won't Be Able To Yank Real Interest Rates Above Zero; Gold Will Benefit iehi-feed-54531 Wed, 30 Jul 2014 13:54:27 GMT JPMorgan Paying $650K to Settle CFTC Charges iehi-feed-54530 Wed, 30 Jul 2014 13:53:42 GMT How Argentina's Default May Trigger $29 Billion in Claims iehi-feed-54525 Tue, 29 Jul 2014 20:48:06 GMT Gold-for-Bitcoin Trading, Gold-Backed Bitcoins, Explode on the Scene This topic comes in the form of a pair of articles. The first is Gold for bitcoin new fad as e-currency count nears 500-mark

``According to bitcoin traders, the stabilisation in bitcoin rates is making the case stronger for exchanging them for gold that currently trades at less than USD 1,300 per ounce or about Rs 28,000 per 10 grams in India... Some firms and traders have begun aggressively selling bitcoins in exchange of gold, while new websites and portals are cropping up almost every day to cash in on this new frenzy, according to industry players. ''

The second is Gold Bugs Meet Bitcoin Believers to Supplant the Dollar:

``"A staunch person who believes in the gold standard says bitcoin is valueless and ultimately a Ponzi scheme, and people who didn't dig gold but really got bitcoin would say that this is ridiculous, it's just a dumb metal," Anthem Hayek Blanchard, chief executive officer of Anthem Vault Inc., the company behind the Independence Coin, said in an interview. "We don't need to fight. We can coalesce."