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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Mutiny “For” The Bounty?

By Bill Holter – Re-Blogged From http://www.Gold-Eagle.com

China recently announced they will trade oil for yuan “backed” by gold. The story has gotten some press (none of it mainstream mind you), and many have questions as to what it really means. While quite complicated as a whole, when you break this down into pieces I believe it is a quite simple and logical end to Bretton Woods.

For a background, China has had an exchange open for about a year where gold can be purchased with yuan, though the volumes so far have been miniscule to this point. China has also been all over the world inking trade deals (in yuan) and investing in all sorts of resources from oil to gold to grains, they have made no secret about this. With the most recent example here. They have trade arrangements and treaties with Russia, Iran and many other non-Western nations. They have also “courted” many Western nations privately (remember their meeting with the King of Saudi Arabia?) and actually lured many with their “Silk Road” plans via the AIIB which was huge news last year (but nearly forgotten by Americans at this point?). We also know China has been a huge importer of gold for the last 4-5 years and done so publicly via Shanghai receipts and deliveries.

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Gold Price – Crossing The Rubicon

By Alasdair Macleod – Re-Blogged From http://www.Gold-Eagle.com

Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken.

The factors driving the dollar lower are several and disparate. The US economy is sluggish relative to the rest of the world, the rise of Asia from which America is excluded is unstoppable, geopolitics are shifting away from US global dominance, and the end is in sight for monopolistic payment for oil in US dollars.

These subjects have been covered in some detail in my recent articles, which will be referred to for further clarification where appropriate. This article summarises these trends, and explains why the consequence appear certain to drive gold, priced in dollars, much higher.

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Sleeper Issues Poised To Rattle Markets

By Clint Siegner – Re-Blogged From http://www.Silver-Phoenix500.com

Investors have been well-trained in complacency. They have spent the past few years watching markets shrug off momentous geopolitical events – each more quickly than the last. Brexit’s impact faded within days. Trump’s election faded within hours.

Stocks traded at all-time highs this summer and volatility made all-time lows. That is the set-up as we head into the fall…

Almost nobody seems nervous. In this age of central planning and highly artificial markets, it is hard to tell when this period of strange market serenity will end. But vigilant investors should have a few ideas. The next few months are going to challenge the status quo.

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A Conversation With Gerald Celente

By Mike Gleason – Re-Blogged From http://www.Gold-Eagle.com

Mike Gleason: It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is a well-known trends forecaster and highly sought-after guest on news programs throughout the world and has been forecasting some of the biggest and most important trends before they happen for more than 30 years now. It’s always great to have him on with us.

Mr. Celente, thanks so much for the time today, and we appreciate you joining us.

Gerald Celente (Trends Journal): Thanks for having me on, Mr. Gleason.

Mike Gleason: Well, I want to start out talking about the first half of the year of Donald Trump’s presidency. Trump had an ambitious agenda to get the economy going but hasn’t been able to push any significant legislation through this Congress. How do you see that playing out from here, and what bearing does all this have on the dollar, Gerald, because the greenback has been taking it on the chin here recently?

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US Foreign Policy And The Long Game

By Larry LaBorde – Re-Blogged From http://www.Silver-Phoenix500.com

A couple of weeks ago the lovely Miss Puddy accompanied me to our downtown club for dinner and a talk by Charlie Cook of the Cook Political Report.  Mr. Cook gives an insider’s view of Washington DC.  His current view of the situation is that none of Trump’s agenda is going to get through congress.  The fact that he has never held a public office helps him with his base but does not help him with getting his agenda through the congress.  Only 9% of his appointments have been approved but only 13% of the possible appointments have been submitted. Trump’s approval rating is around 45% which is quite low for the honeymoon period when he should be getting his agenda pushed through. Continue reading