Dead Market Walking – Chinese Stock Trading Volume Collapses To 3 Year Lows With “selling” outlawed and anything but cheer-leading strocks higher subject to detainment, it appears the Chinese government has managed to undo 3 years of liberalization and financial deregulation in the space of a week. Futures trading volume on the CSI-300 (China’s S&P …

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Supply and Demand Report 6 Sep, 2015 This was a fairly quiet week in the market for the metals, with a min-rally on Thursday especially in silver which hit almost $15. By the end of the week, the price of gold was down $13 and the price of silver was up 3 cents. The action …

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The Concept Of Money And The Money Illusion Submitted by Koos Jansen via BullionStar.com, Awareness about the concept of money is making a comeback. Gone are the decades in which the global citizenry was fooled to leave this subject to economists, governments and banks – a setup that has proven to end in disaster. The …

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The Failed Moral Argument For A "Living Wage" Submitted by Ryan McMaken via The Mises Institute, With Labor Day upon us, newspapers across the US will be printing op-eds calling for a mandated “living wage” and higher wages in general. In many cases, advocates for a living wage argue for outright mandates on wages; that …

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Paul Craig Roberts: The Rise Of The Inhumanes Submitted by Paul Craig Roberts, America’s descent into totalitarian violence is accelerating. Like the Bush regime, the Obama regime has a penchant for rewarding Justice (sic) Department officials who trample all over the US Constitution. Last year America’s First Black President nominated David Barron to be a …

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America – Good, Bad Or Ugly? Part 1: The Bad Submitted by Thad Beversdorf via FirstRebuttal.com, I wanted to start with The Bad and then move on to The Ugly so that I can end on a positive note with The Good. So over the past couple days I’ve read several articles in which someone …

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Former CIA Boss and 4-Star General: U.S. Should Arm Al Qaeda Former CIA boss and 4-star general David Petraeus – who still (believe it or not) holds a lot of sway in Washington – suggests we should arm Al Qaeda to fight ISIS. He’s not alone … As we’ve previously shown, other mainstream American figures …

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US & China Stocks Are Plunging After PMI Hits 6.5-Year Low, PBOC Strengthens Yuan Most Since Nov 2014 Following China's official PMI print at a 3-year low, Caixin's PMI collapsed to 47.3 – the lowest sinec March 2009. Despite another CNY150bn liquidity injection (but the biggest strengthening of Yuan since Nov 2014 and a financial …

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It Gets Even Uglier In Canada Wolf Richter   www.wolfstreet.com   www.amazon.com/author/wolfrichter The Province of Alberta, the epicenter of the Canadian oil bust, may be sliding into something much worse than a plain-vanilla recession. And it’s not exactly perking up the rest of Canada. Layoffs are already cascading through the oil patch, as companies are …

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Why The Great Petrodollar Unwind Could Be $2.5 Trillion Larger Than Anyone Thinks Last weekend, we explained why it really all comes down to the death of the petrodollar.  China’s transition to a new currency regime was supposed to represent a move towards a greater role for the market in determining the exchange rate for …

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