Silver as an investment

Category Archives: National Congress

Warnings From The “China Beige Book”

Authored by James Rickards via The Daily Reckoning, Leland Miller, a good friend of mine, is the founder and proprietor of an economic research service called the “China Beige Book.” The name “beige book” was borrowed from the surveys conducted by regional Federal Reserve banks of economic conditions in their regions. (In the days before […]

China’s Record Yield Curve Inversion “Spells Disaster”

Overnight we noted that the Chinese stock and bond markets 'turmoiled' as The National Congress came to an end and the forced repression of any weakness ended. Perhaps the most critical aspect of the moves was the push to new record levels of inversion in the Chinese sovereign bond curve. The Chinese yield curve has […]

“Daggers Are Falling From The Sky” – China Stocks, Bonds Tumble After National Congress Ends

Who could have seen this coming? After weeks of 'calm' – demanded by The People's Party – and well-managed 'National Team' ramps top 'prove' how much Xi's plan for the nesxt five years is being received, the end of China's National Congress has been met with… a plunge in stock and bond markets.     […]

Rickards Warns “Prepare For A Chinese Maxi-Devaluation”

Authored by James Rickards via The Daily Reckoning, China is a relatively open economy; therefore it is subject to the impossible trinity. China has also been attempting to do the impossible in recent years with predictable results. Beginning in 2008 China pegged its exchange rate to the U.S. dollar. China also had an open capital […]

Bitcoin Tops $5800 – Up Over 20% Today Amid China Rumors

Update: Bitcoin has now topped $5800 amid unconfirmed rumors that China will restore cryptocurrency trading (perhaps in a more regulated environment) following the forthcoming National Congress. As it seems the rest of the crypto space is being sold to fun BTC buying…   *  *  * Having smashed through the old record high this morning, […]

Nouriel Roubini’s “Good, Bad, & Ugly” Scenarios For The Global Economy

Authored by Nouriel Roubini via Project Syndicate, The International Monetary Fund, which in recent years had characterized global growth as the “new mediocre,” recently upgraded its World Economic Outlook. But is the IMF right to think that the recent growth spurt will continue over the next few years, or is a temporary cyclical upswing about […]

China On Pace To Dethrone The US

Authored by James Holbrooks via TheAntiMedia.org, “Not sure whether China will be nice to self-ruled Taiwan? Wait until after the 19th National Congress of the Communist Party.   What’s in store for the hotly disputed, resource-rich South China Sea, where Beijing has taken a military and technological lead since 2010? Wait until after the Congress. […]

China Unveils Emergency Drill To “Shut Down Harmful Websites”

China's 19th National Congress of the Communist Party – the quinquennial confab where the party selects new members of the Politburo, its ruling council – is expected to begin this fall (official dates have not yet been publicly announced). And in an effort to guarantee that the leadership reshuffle goes off without a hitch, President […]