India Reacts To Depressed Silver Prices

By Ted Butler – re-Blogged From Silver Phoenix

Several recent articles have highlighted a surge of silver imports to India, prompting me to take a closer look. India has always been a big buyer of silver and gold, befitting the traditions and culture of the country with the world’s second largest population. The population of India, more than 1.3 billion citizens, is now only about 50 million less than that of China. Combined, both countries make up 35% of the total world population (7.7 billion) and have always been large buyers and holders of gold and silver. Together, India and China absorb close to 50% of total world gold and silver mine production.

One big difference between India and China is that the gold and silver buying in India is largely a grassroots phenomenon, emanating from the general population due to deep-rooted customs and traditions; where the buying from China is predominantly from official sources (similar to the gold buying by Russia). To me, this makes the gold and silver buying from India more “free market” and price-sensitive in nature because the more participants in any market, the freer the market is by definition. The many tens and even hundreds of millions of gold and silver buyers from India make the markets there the freest of all.

Continue reading

Advertisements

Global Manufacturers Just Shrank For The First Time in 7 Years

Perhaps surprising no one, global manufacturers are now in contraction mode for the first time since 2012. That’s according to the most recent reading of the sector’s health, the purchasing manager’s index (PMI), which headed lower for a record 13th straight month in May. The PMI posted 49.8, down from 50.4 a month earlier. As a reminder, anything above 50.0 indicates expansion; anything below, contraction.

Less than half of world economies’ manufacturing sectors are expanding right now, “the worst showing since the throes of the euro area sovereign debt crisis in 2012,” according to analysis by Neil Dutta, head of economics at Renaissance Macro Research (RenMac).

Continue reading

Space: The Final Frontier for War?

 By Omar Lamrani – Re-Blogged From Stratfor
Highlights
  • The U.S. military will continue to debate the relative merits of creating a Space Force that is separate from the other branches of the U.S. armed forces.
  • In the absence of international standards regulating conduct in space, the risks will grow that the United States, China and Russia will accelerate their own efforts to militarize the theater.
  • Treaties stipulating a blanket ban on weapons in space are unlikely to succeed in the foreseeable future because of their significant limitations and concerns over the ability to verify compliance.

From Startup to Exit: How Non-conventional Funding Can Help at Every Stage of Business

By Shiv Nanda – Re-Blogged From Indian CEO

Every entrepreneur steps into business with a clear vision in mind. This vision is often fed and manipulated by managing and prioritizing the use of available financial resources.

The three main sources of funding for business are:

  • Revenues from business operations,
  • Investor finances such as owner’s, partner’s, or Angel/venture capital, and
  • Loan from individuals, business loan or personal loan for businessmen from banks and financial institutions.

Each company has to go through various stages. That’s the business lifecycle. And each of these stages is unique. Therefore, each stage needs a different funding strategy.

Continue reading

China Coal Use Exploding

By Larry Hamlin – Re-Blogged From WUWT

In the scientifically unsupported wacky world of climate alarmism propaganda hype and media hysteria the public is threatened with claims that our country must commit economic and political suicide by abandoning all CO2 producing fossil fuel or man made climate change will destroy the earth.

The fact that this purely politically contrived scam is driven by projections from flawed and failed computer models which the U.N. IPCC long ago proclaimed as being unfeasible is dishonestly concealed from the public by climate alarmists and their media propaganda agents.

clip_image002

Continue reading

SOLAR MINIMUM IS A TERRIBLE TIME TO BLOW UP A SATELLITE

By Dr Tony Phillips – RE_Blogged From Space Weather

Note to space powers: If you’re going to blow a satellite to bits, solar minimum is a terrible time to do it. India is grappling with this important truth today as debris from their March 27th anti-satellite weapons test spreads through space. As many as 6,500 pieces of the Microsat-R Earth observation satellite are now circling Earth, according to a simulation created by Analytical Graphics Inc.:

Continue reading

The Crisis of Europe’s Green Energy Agenda

By Benny Peiser, GWPF – Re-Blogged From WUWT

Presentation at the De-Greening Day, Amsterdam 7 March 2019

The EU’s green energy policies have

* increased energy prices significantly

* reduced competitiveness of European industries

* failed to solve the technological Achilles’ heel of intermittent renewables

* increased energy insecurity and dependence on Russian energy imports

* increased division between Western Europe and Central & Eastern Europe

* given rise to widespread public discontent and the rise of populist parties opposed to the green energy agenda

Here is a link to the complete presentation.   Worth a read and spreading around~ctm

CONTINUE READING –>