Analyst: Stock Market Crash Coming A U.S. stock market crash may be coming this year, as a rapid decline in China’s foreign reserves will cause the Chinese yuan to collapse. At least that’s the word from noted perma-bear, Albert Edwards, global strategist at Societe General. “A renminbi devaluation…
Is China on the Verge of Economic Collapse? Some fear that the suspension of currency trading rights for some international banks represent a major effort to stop the current wave of capital outflows, heralding a potential Chinese economic collapse in 2016. China’s central bank (the People’s Bank of…
Chinese Pollution Bullish for Rare Earth Metals China’s pollution is becoming a political liability and rare earth metals are both one of its causes and its solution. China has long outgrown its “emerging market” designation. By all respects, it’s now a world power, challenging the supremacy of the…
Will This Threaten a U.S. Dollar Collapse in 2016? The International Monetary Fund (IMF) has approved the inclusion of the yuan (or renminbi), the Chinese currency, in its basket of reserve currencies, threatening a U.S. dollar collapse. The IMF’s Executive Council, which brings together representatives of the Washington-based…
This Could Send Silver Prices Skyrocketing Silver prices are getting hammered, down for the last 13 sessions, which is the precious metal’s longest losing streak since 1950. Currently trading near $14.15 an ounce, silver prices are down 10% year-to-date and 72% off their high near $50.00, which was…
China is Building its Own Airliner; Is it a Challenge to Boeing Stock? A Chinese company, run from Beijing, has unveiled the C919 airplane, its first commercial airliner. This is no small achievement considering the technical and safety hurdles such a project entails. It shows that Chinese technology…
China Dethrones U.S. as World's Billionaire Capital China, which continues to call itself a communist country, boasts more billionaires than the United States, the country where one of its presidential candidates (Bernie Sanders, for the record) is attacked for not being capitalist enough. A ranking of China’s wealthiest…
Copper Prices May Stay Low Following China’s Economic Slowdown Copper prices were expected to experience a rebound as a result of announced cuts from Glencore plc (LON:GLEN), the world’s largest producer. However, like so many other commodities, copper prices are stagnating, even if this is not well reflected…
Short-Sellers Betting Against Boeing Stock Now Will Kick Themselves Later A new lightweight material invented by The Boeing Company (NYSE:BA) could dramatically alter the aerospace industry and it has the potential to send Boeing stock soaring. Researchers at Boeing have developed what they claim to be the world’s…
IMF Lowers Economic Outlook for 2015 In what appears to be standard routine these days, the International Monetary Fund (IMF) slashed its economic outlook for 2015. This would mark the fourth consecutive downward revision from the IMF, suggesting that China’s stock market crash has left a deep impact…
Gary Shilling Delivers Dire Warning to Resource Investors Despite a weak year for commodities, famous economists like Gary Shilling think resource prices will continue to drop. Raw materials are traditionally sensitive to demand in developed countries and Shilling warns that North America is still in a period of…
Bulging Inventories Mean Low Oil Prices for Foreseeable Future The crude oil price continued gaining on Wednesday after Energy Information Administration (EIA) data showed a second consecutive weekly decline in U.S. oil stockpiles. A recent report by the EIA showed that U.S. crude inventories were reduced by 1.9…