King World News 07/07/2015 "The recent nosedive by Chinese stock prices is a red flag, not to mention real estate prices in that country are hanging from a thread and poised to follow stocks in a tailspin as investors look for liquidity and safety. Then of course there is Greece, and more … [Read more...] about Man Who First Predicted Greek Bank Deposits Would Be Stolen Now Says Another Terrifying Global Collapse Is Imminent
China Crashes At Open With Over Half The Stocks Suspended; Margin Debt Plunges Most On Record.
BY IWB · JULY 7, 2015 For a record 12th day in a row, Chinese margin debt balances have dropped with today’s 8.5% collapse the largest in history. As of last night, there were around 570/1694 Shenzhen stocks halted/suspended and hundreds more on the Shanghai bourse leaving more than 54% of all … [Read more...] about China Crashes At Open With Over Half The Stocks Suspended; Margin Debt Plunges Most On Record.
Declining Rigs and the Rise of Oil
By Jocelynn Smith, Sr. Managing Editor Sovereign Investor. Oil production levels have fallen off a cliff in the U.S. In the latest reported results, total U.S. oil rig count dropped by four last week to 631. Over the past year, total oil rig count has plunged by 914 rigs. That’s a 59% … [Read more...] about Declining Rigs and the Rise of Oil