Tag Archives: China

IS A MASSIVE CHINESE ORDER CAUSING A SILVER SHORTAGE IN EUROPE?

by Cyrille Jubert, Author of Silver Throughout History One of my contacts with one of the largest European precious metals brokers told me this morning that they could not find any silver.  All the refiners they contacted could not take their orders … Continue reading

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The Big Fraud: Tehran’s ScanEagle gift to Russia covered handover of secret US R170 drone technology

The Iranian media played up the presentation Tuesday, Oct. 22, of a copy of the US-made ScanEagle by Iran’s air force chief Farzad Esmayeeli to Lt. Gen. Viktor Bondarev, visiting Russian air force chief. Both used the ceremony to celebrate … Continue reading

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The State of Banks

What will China do if they experience a banking crisis? The normal course of action would be to raise cash/assets to cover their losses. What will the United States do if China calls in their US Treasurys? David DeGerolamo Top … Continue reading

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9 Signs That China Is Making A Move Against The U.S. Dollar

By Michael Snyder The following are 9 signs that China is making a move against the U.S. dollar… #1 Chinese credit rating agency Dagong has downgraded U.S. debtfrom A to A- and has indicated that further downgrades are possible. #2 China has just … Continue reading

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China calls for new global currency

China is calling for a global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week’s London summit on the financial crisis. The surprise proposal by Beijing’s central bank governor reflects … Continue reading

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CHINA: 22 tons of pig meat sold as halal to Muslims

In Shaanxi Province, Chinese police have discovered 22 tons of pork that was sold as certified halal (Islam-approved) beef. Muslims are forbidden from eating pork. This case, once again, demonstrates the lack of seriousness of the halal industry in Asia. … Continue reading

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China Officially Backs Russia On Syria, Warns “Military Action Would Have Negative Impact On Global Economy”

Until now China had kept a relatively low profile on the Syria issue, occasionally issuing veiled support for the Assad regime. That changed at today’s G-20 meeting in Russia, when China’s vice-finance minister Zhu Guangyao officially launched the Syrian axis … Continue reading

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China Reveals New Short-Range Missile

by Bill Gertz The Chinese military has deployed a new advanced short-range missile known as the DF-12 that was revealed for the first time in photos posted on the Internet this week. Disclosure of the missile follows publication of an … Continue reading

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Bill Gertz Discusses Report on Chinese Preparation for Space, Cyber Warfare

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China Reported Planning To Back The Yuan With Gold

Recent media reports suggest that Beijing is considering backing the yuan with gold. This decision, if taken, will likely affect China’s economy and may trigger a new wave of the global economic crisis. For Russia, however, such a scenario may … Continue reading

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China to join Russia for largest ever joint naval drills with foreign partner

China will join Russia later this week for its largest-ever naval drills with a foreign partner, underscoring deepening ties between the former cold war rivals along with Beijing’s desire for closer links with regional militaries. China has long been a key customer for … Continue reading

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China’s Bad Loan Giant Awakes

In the aftermath of the record cash crunch in the Chinese interbank market, many financial institutions in China and abroad have been hoping that the PBOC would either end its stance of aloof detachment or at least break its vow … Continue reading

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Chinese Banks Stop Lending Due To Liquidity Freeze

If one thought the schizophrenic lies out of Europe between 2010 and 2013 were bad enough (the bulk of which it now appears were orchestrated by Mario Draghi), here comes China, a country which already has a “credibility” issue so … Continue reading

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Russia sells China 100 Su-35 fighter jets

According to a report by Voice of Russia, China and Russia have concluded an export agreement for 100 Su-35 fighter jets during the Paris Air Show. At the 50th Paris Air Show at Le Bourget Airport, Russia had it’s most intensive participation over the past few years. All … Continue reading

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Asia Crumbling; China’s Worst 2 Days In Almost 4 Years, Nikkei 450 Pts Off Session Highs

Things are getting a little out of hand in Asia once again. China’s Shanghai Composite is down 3.7% at the break for its biggest 2-day drop in almost 4 years (-8.9%) and Japan’s Nikkei 225, after staging a solid come-back has … Continue reading

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