“This Could Be The Last Straw” 90% Of China Loan Guarantors Bankrupt

Monday, July 7, 2014
By Paul Martin

by Tyler Durden 07/07/2014 In Wenzhou – dubbed the capital of China’s private businesses – nearly 90 per cent of loan guarantors have failed since the start of the credit crisis arising from the underground banking system, according to the media. As SCMP reports, although their services are critical for the economic system... »

Beijing, Seoul agree to direct trade in national currencies…(Get To Hard Money Now!!)

Sunday, July 6, 2014
By Paul Martin 4 July, 2014 China designated a clearing bank in Seoul for yuan transactions in South Korea on Friday, coinciding with a visit by President Xi Jinping, as Beijing promotes greater use of its currency overseas, AFP reports. China’s central bank has authorised the Bank of Communications, the country’s fifth largest lender, to undertake... »

X22 Report:The Economic Recovery Propaganda Is Complete, Next Step The Economic Collapse

Friday, July 4, 2014
By Paul Martin

Unemployment rate has been reduced from 6.3% to 6.1% with more people out of the work force. Students are speaking out that they cannot make student loan payments. Central bankers are fearing digital currencies because they cannot taxed and the central bankers do not get a piece of the action. Russia/China pushing to de-dollarize... »

Get Ready Because China Is Going To Push Silver Over $100

Tuesday, July 1, 2014
By Paul Martin July 1, 2014 Today an acclaimed money manager warned King World News that investors need to prepare themselves because the Chinese are going to push the price of silver over $100. Stephen Leeb also said the price of gold is headed into the stratosphere as well because the Chinese have plans to make... »

China to Set Yuan Clearing Banks in Luxembourg, Paris…(Bye Bye Dollar!!)

Tuesday, July 1, 2014
By Paul Martin July 1, 2014 In its continued push to make the yuan a global currency, China’s central bank said Sunday it plans to designate clearing banks for its currency in Paris and Luxembourg, as the two financial centers battle with London to become the leading European offshore yuan-trading city. The People’s Bank of China... »

China Admits First Official Local-Government Loan Default

Tuesday, July 1, 2014
By Paul Martin

by Tyler Durden 07/01/2014 There has been a growing number of defaults since China first broke its non-payment cherry earlier this year. Names like Chaori Solar have “promised” to pay back the money they owe, only to falter on that promise mere months after a temporary reprieve. Wide-scale panic has for now been... »

China halts GMO grain imports from the U.S

Tuesday, July 1, 2014
By Paul Martin

by: J. D. Heyes Tuesday, July 01, 2014 The Chinese government has suspended issuance of permits to import American-produced animal feed ingredients made from corn, according to three trading executives who talked of the development with Bloomberg BusinessWeek. The trio, whose applications were denied, said that effective June 6, U.S. shipments of dried... »

Legend Says We Just Got A Long Term Buy Signal On Gold

Monday, June 30, 2014
By Paul Martin June 30, 2014 Today a Canadian legend told King World News that the an incredibly important long term buy signal has just been triggered in the gold market. John Ing, who has been in the business for 43 years, also discussed what is really happening with Chinese demand as well as what to... »

DF-41 missile can wipe out 3 US cities in one attack: report

Monday, June 30, 2014
By Paul Martin 2014-06-26 China’s DF-41 solid-fueled road-mobile intercontinental ballistic missile is capable of wiping out three American cities in just one attack, according to the Kanwa Defense Review, operated by Canadian military analyst Andrei Chang, also known as Pinkov. With an attack range of between 11,500-12,000 kilometers, the article said that the DF-41 missile is... »

Chinese Debt Soars 25-Fold, Danger In Japan & Surging Gold

Sunday, June 29, 2014
By Paul Martin June 29, 2014 With a non-stop flow of propaganda from Western mainstream media outlets, today Michael Pento sent King World News a fantastic piece which warns about a 25-fold increase in Chinese debt, danger in Japan, and surging gold. Pento also discusses which sector his firm is increasing its allocation to at this... »

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