Silver as an investment

Category Archives: Economy of North Korea

US Spy Satellites Catch Chinese Ships Illegally Selling Oil To North Korea

According to South Korea's Chosun Ilbo, U.S. recon satellites have photographed around 30 illegal transactions involving Chinese vessels selling oil to North Korea on the West Sea in October. The images allegedly showed large Chinese and North Korean ships transacting in oil in a part of the West Sea closer to China than South Korea. The satellite […]

Rickards Fears September Meltdown – “1000 Point Drops, Or A Closed Exchange?”

Authored by Craig Wilson via The Daily Reckoning, Jim Rickards joined Alex Stanczyk at the Physical Gold Fund to discuss current destabilizing factors that could drastically impact investors. During the first part of their conversation the economic expert delved into gold positioning for the future, the expanding threats from North Korea and liquidity in global […]

China: Growth Despite North Korean Tensions?

Much to everyone’s surprise, China’s economy showed impressive growth numbers as the economic growth rate will very likely come in at 6.6% which is a bit higher than the official government estimates which were calling for a 6.5% growth rate (but lower than the historical growth rate). For 2018, the market seems to be expecting […]

China Says Trade With North Korea Grew Only 10.5% In First 6 Months Of 2017

New data released by the Chinese government suggests trade with its restive neighbor, North Korea, has only increased by a modest degree since the beginning of the year, rebutting criticisms from President Donald Trump and UN ambassador Nikki Haley that the world's second-largest economy is undermining US efforts to curb trade with the North. A […]