by Kris Sayce on July 20, 2010
Forget the house price crash. That’ll be child’s play compared to the big crash that’s on the cards.
I’m talking about China.
As you may know, I’d been pretty bullish on the China story for several years, going back to my days as editor of the Australian version of The Daily Reckoning.
But that view started to change late last year.
I’ll be honest, your editor didn’t turn from a raging bull to a grizzly bear overnight. The change has been gradual.
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by MoneyMorning on July 15, 2010
In a recent article, we showed you how silver had become systematically de-monetised by governments over the past 150 years or so. These actions have seen the gold/silver ratio move from its long term historical average of around 15:1 to 66:1 today. In other words, one ounce of gold is now equivalent to 66 ounces of silver.
Today, we’ll show you why silver could potentially be one of the cheapest assets in the world right now. The silver market is not at all analysed by mainstream investors and for this reason remains very much overlooked as an investment opportunity.
As proponents of sound money, we believe precious metals, most notably gold, will have an increasing role to play as the current unsustainable system evolves to a more stable footing.
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by Murray Dawes on July 14, 2010
The markets are bouncing. Quick get on board before you miss the train. It’s all up from here.
A 250 point rally in a week from very oversold levels is enough to get anyone’s heart racing. Is this the low of the pullback? Is the uptrend from March 2009 still intact and therefore is this the time to jump back into the markets?
It could be. We have fallen 17% from mid-April to the lows in May which is a decent retracement. If the uptrend is still in play then you would expect the markets to find a base around here and start trending up again.
To gain a better insight into whether this current rally is an opportunity or a bull trap we will have to dig a bit deeper under the hood.
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by MoneyMorning on July 13, 2010
“There is Oil in the Middle East,
…There are Rare Earths in China.” Deng Xiaoping
There is a big upset in the Rare Earths market right now, and with good reason.
China has steadily positioned itself as the world’s biggest producer of rare earths in recent years. Even though it is sitting roughly a third of the world’s deposits, it is now controlling 95% of global supply. It has squeezed other producers out of the market by undercutting their prices, and now has a monopoly on the market.
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by Shae Smith on July 12, 2010
A barely known Chinese rating’s agency is crying out for a more ‘realistic and fairer’ international credit risk system.
Right now, the international risk system is dominated by three main companies: Moody’s, Standard & Poors and Fitch.
All three of these companies, didn’t see the global financial crisis coming, or the European debt crisis coming. And it’s precisely these events that Dagong International is using to its advantage.
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