Silver as an investment

Category Archives: Yuan

Gold Coins and Bars Saw Demand Rise 17% to 222T in Q3

– Gold coins and bars saw demand rise 17% to 222t in Q3, driven largely by China– Chinese investors bought price dips, notching up fourth consecutive quarter of growth– Jewellery, ETF demand fell while gold coins and bars saw increased demand – Central banks bought a robust 111t of gold bullion bars (+25% y-o-y)– Russia, Turkey & Kazakhstan […]

The Big Reversal: Inflation And Higher Interest Rates Are Coming Our Way

Authored by Charles Hugh Smith via OfTwoMinds blog, This interaction will spark a runaway feedback loop that will smack asset valuations back to pre-bubble, pre-pyramid scheme levels. According to the conventional economic forecast, interest rates will stay near-zero essentially forever due to slow growth. And since growth is slow, inflation will also remain neutral. This […]

PBOC’s Zhou Warns Of “Sudden, Complex, Hidden, Contagious, Hazardous” Risks In Global Markets

Just two weeks after warning of the potential for an imminent 'Minsky Moment', Chinese central bank governor Zhou Xiaochuan has penned a lengthy article on The PBOC's website that warns ominously of latent risks accumulating, including some that are "hidden, complex, sudden, contagious and hazardous," even as the overall health of the financial system appears […]

Anbang? Evergrande? Or Does HNA’s Bond Sale Mark The Beginning Of China’s Minsky Moment?

We know… there are several candidates to choose from. For example… It might be Anbang – the acquisitive insurance behemoth – see “Anbang Just Became A ‘Systemic Risk’: Revenues Crash As Its Chairman Is “Detained” It might be China Evergrande – the developer of “ghost” properties and described by J Capital’s, Anne Stevenson-Yang as “the […]

US Futures Rebound After Disappointing Chinese, European Data

Yesterday’s sharp Chinese selloff is now a distant memory after the BTFDers emerged, and this morning U.S. equity futures are once again levitating as the FOMC begins its two-day policy meeting, following an uneventful BOJ announcement on Tuesday morning which left all QE parameters unchanged. Asian stocks traded mixed steady while European shares climb. The […]

Apple To Dump Qualcomm Chips As iPhone 8 Sales Collapse In China

The bitter legal dispute between Apple and Qualcomm has escalated sharply overnight as the former designs out Qualcomm components from future products. According to the WSJ, Apple, locked in an intensifying legal fight with Qualcomm, is designing iPhones and iPads for next year that would jettison the chipmaker’s components. Apple is considering building the devices […]

The Petrodollar’s Biggest Challengers

Authored by Michael Kern via CryptoInsider, Established in the early 1970s, the petrodollar has secured the United States’ influence over the oil trade for over 40 years, but recently, it is clear that this monopoly is slowly beginning to fall apart – in some part due to the influence of Bitcoin and other emerging cryptocurrencies. […]

Lies And Distractions Surrounding The Diminishing Petrodollar

Kyle Bass Warns: Xi Has “Built The Chinese Economy On A Foundation Of Sand”

Earlier this week, Chinese leader Xi Jinping became the third ruler in the communist country’s history to have his named enshrined in its constitution – and the first to receive this honor while still alive. But as China celebrates its most popular, and most powerful, leader since at least Deng Xiaoping, Kyle Bass, hedge fund […]

NYU’s ‘Dean Of Valuation’: Bitcoin’s Not A Fraud, It’s A Currency

Aswath Damodaran, a professor of finance at the NYU's Stern School of Business, disagrees with JPMorgan Chase CEO Jamie Dimon that bitcoin is a "fraud," and explains that, in his view, the cryptocurrency is a currency rather than an asset in a new blog post. Often referred to as Wall Street's "Dean of Valuation," Damodaran […]