Deepening Crisis In Hyper-inflationary Venezuela And Zimbabwe

By Mark O’Byrne – Re-Blogged From http://www.Gold-Eagle.com

– Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe
– Real inflation in Zimbabwe is 313 percent annually and 112 percent on a monthly basis
– Venezuela’s new 100,000-bolivar note is worth less today than US$ 2.50
– Maduro announces plans to eliminate all physical cash
– Gold rises in response to ongoing crises

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Warning Signs of a Market Top

By Rob Williams – Re-Blogged From Newsmax

Stocks this year have surged to record highs on speculation that President Trump’s push for tax reform will help to boost the economy and give corporations a chance to reward shareholders with dividends and buybacks.

But the strong gains shouldn’t distract investors from some worrisome signs that portend of a market decline, Albert Edwards, global strategist at Societe Generale, said in a Nov. 15 report.

“Investors are beginning to punish the corporate debt and equity of highly indebted U.S. companies,” Edwards said. “Excess U.S. corporate debt is probably the key area of vulnerability that could bring down the QE-inflated pyramid scheme that the central banks have created.”

Image: Albert Edwards: Watch Warning Signs of a Market Top
Albert Edwards (Societe Generale/Dollar Photo Club)

To Counter China, India Pushes East

Re-Blogged From Stratfor

Highlights

  • China’s regional expansion in the Asia-Pacific will continue driving India into a security partnership with the United States and Japan as part of its Act East policy.
  • Barriers to market access will continue limiting the expansion of Indian trade with the Association of Southeast Asian Nations (ASEAN).
  • Fiscal and project management impediments will limit progress on India’s two key infrastructure projects in the northeast, thereby limiting its land-based ASEAN trade.

With its Act East policy, India is focused on strengthening its trade and infrastructural ties with Southeast Asia.

(BEYHANYAZAR/iStock)

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South China Sea Feud

Re-Blogged From Newsmax

President Donald Trump on Sunday offered to mediate in the South China Sea disputes, while his Chinese counterpart played down concerns over Beijing’s military buildup and the prospects of war in the contested waters.

Trump and Chinese President Xi Jinping spoke separately about the territorial rifts ahead of an annual summit of Southeast Asian nations that also includes the U.S., China and other global players. The disputes are expected to get the spotlight at the summit, along with the North Korean nuclear threat and terrorism.

The long-simmering disputes are one issue where the two major powers’ influence, focus and military might have been gauged, with the U.S. and China both calling for a peaceful resolution but taking contrasting positions in most other aspects of the conflict.

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Coal Demand and Prices Surge… As Do U.S. Coal Exports!

By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com

Coal_Price_Soars

Coal prices are on the rise again. With benchmark rates in Australia up over 30 percent since July — approaching the $100/t mark that prevailed in November 2016 after a massive run-up last year.

And a number of events the past week show that things could get even more heated in coal over the coming months.

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Failed Climate Predictions

By Javier – Re-Blogged From http://www.WattsUpWithThat.com

Here, for the first time in public, is Javier’s entire collection of massive, “consensus” climate science prediction failures. This collection is carefully selected from only academics or high-ranking officials, as reported in the press or scientific journals. Rather than being exhaustive, this is a list of fully referenced arguments that shows that consensus climate science usually gets things wrong, and thus their predictions cannot be trusted.

To qualify for this list, the prediction must have failed. Alternatively, it is also considered a failure when so much of the allowed time has passed that a drastic and improbable change in the rate of change is required for it to be true. Also, we include a prediction when observations are going in the opposite way. Finally, it also qualifies when one thing and the opposite are both predicted.

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The Plan Comes Together?

By Bill Holter – Re-Blogged From http://www.Silver-Phoenix500.com

My original thought was to write further about the left turning on and eating each other. The volume of news, “who” and the timing seemed to indicate something very big coming down. However, another story broke out of the blue this morning from Saudi Arabia that supersedes (though very well may have connections to) the feeding frenzy.

Crowned Prince Mohammed bin Salman had 11 princes and 38 current and former senior officials arrested on corruption and money laundering charges. http://www.reuters.com. Prince Alwaleed bin Talal being the most notable arrested. The thought process of “why” becomes scattered after the initial and obvious thought MBS is consolidating his power after being named as next in line back in June.

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