Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us 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-55290 Sat, 25 Oct 2014 14:17:54 GMT Putin Warns Of Risk Of "Global Anarchy", Says Dollar Losing Reserve Currency Status http://implode-explode.com/viewnews/2014-10-25_PutinWarnsOfRiskOfGlobalAnarchySaysDollarLosingReserveCurrencySt.html iehi-feed-55288 Sat, 25 Oct 2014 14:08:01 GMT One-Fifth of Detroit's Population Could Lose Their Homes http://implode-explode.com/viewnews/2014-10-25_OneFifthofDetroitsPopulationCouldLoseTheirHomes.html iehi-feed-55287 Sat, 25 Oct 2014 01:49:54 GMT Fed's $4 Trillion Holdings to Boost Growth Beyond End of QE http://implode-explode.com/viewnews/2014-10-24_Feds4TrillionHoldingstoBoostGrowthBeyondEndofQE.html iehi-feed-55286 Fri, 24 Oct 2014 20:01:02 GMT No Picket Fence: Younger Adults Opting to Rent http://implode-explode.com/viewnews/2014-10-24_NoPicketFenceYoungerAdultsOptingtoRent.html "They're not going to go from living with their parents to buying a home," said Mark Zandi, chief economist at Moody's Analytics, speaking at a housing conference in Washington. "They're going to rent an apartment."

...

While construction of single-family homes is only halfway back to its prerecession levels, construction of multifamily units -- which include both condos and rentals -- is at its highest level in 25 years. Apartment construction is exceeding its prerecession peaks in some markets, including Austin, Tex.; the Washington metropolitan area; and San Jose, Calif., according to a recent report from the Joint Center for Housing Studies at Harvard.''

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iehi-feed-55285 Fri, 24 Oct 2014 19:57:22 GMT Nevermind: New-Home Sales Staying Sluggish, As Stats Revised http://implode-explode.com/viewnews/2014-10-24_NevermindNewHomeSalesStayingSluggishAsStatsRevised.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-55283 Fri, 24 Oct 2014 14:26:22 GMT China's economic growth slows to 7.3%, near six-year low http://implode-explode.com/viewnews/2014-10-24_Chinaseconomicgrowthslowsto73nearsixyearlow.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-55280 Thu, 23 Oct 2014 20:34:22 GMT SAY WATT? Fannie & Freddie Encourages Sub-Prime Lending | Mandelman Matters http://implode-explode.com/viewnews/2014-10-23_SAYWATTFannieFreddieEncouragesSubPrimeLendingMandelmanMatters.html iehi-feed-55277 Thu, 23 Oct 2014 14:40:15 GMT The End of QE3, Trouble Ahead for the Bulls? http://implode-explode.com/viewnews/2014-10-23_TheEndofQE3TroubleAheadfortheBulls.html iehi-feed-55275 Thu, 23 Oct 2014 13:57:07 GMT China Gold Association: 2013 Gold Demand 2199t (NEARLY DOUBLE WGC'S NUMS!!) http://implode-explode.com/viewnews/2014-10-23_ChinaGoldAssociation2013GoldDemand2199tNEARLYDOUBLEWGCSNUMS.html iehi-feed-55274 Thu, 23 Oct 2014 13:55:12 GMT Big nations snub Beijing bank launch after US lobbying http://implode-explode.com/viewnews/2014-10-23_BignationssnubBeijingbanklaunchafterUSlobbying.html iehi-feed-55273 Thu, 23 Oct 2014 13:53:04 GMT How High Up Did the London Whale Criminality Go at JPMorgan? http://implode-explode.com/viewnews/2014-10-23_HowHighUpDidtheLondonWhaleCriminalityGoatJPMorgan.html MSM coverage.]]> iehi-feed-55271 Wed, 22 Oct 2014 23:55:57 GMT Social Security benefits rising, but only slightly (GRAND TOTAL OF LESS THAN 1.2%/yr SINCE 2009) http://implode-explode.com/viewnews/2014-10-22_SocialSecuritybenefitsrisingbutonlyslightlyGRANDTOTALOFLESSTHAN1.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-55269 Wed, 22 Oct 2014 15:45:42 GMT Top mortgage servicing firm accused of foreclosure abuses http://implode-explode.com/viewnews/2014-10-22_Topmortgageservicingfirmaccusedofforeclosureabuses.html iehi-feed-55267 Wed, 22 Oct 2014 15:43:28 GMT M&A Deals Fail At Highest Rate Since 2008 http://implode-explode.com/viewnews/2014-10-22_MADealsFailAtHighestRateSince2008.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-55265 Wed, 22 Oct 2014 15:39:55 GMT ‘Plunge protection' behind market's sudden recovery http://implode-explode.com/viewnews/2014-10-22_Plungeprotectionbehindmarketssuddenrecovery.html