China overbuys metals to keep prices up

China has been hoarding ores and not using all the metals it buys, thus creating huge chunk of surpluses of ores, semi-finished shapes and mill products lately. Traders and speculators believe active metals purchasing by China as a good economic gauge that justifies raising world commodity prices.

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Stock market set to crash: Doug Casey

American-born free market economist and best selling financial author Doug Casey is not gung ho about the way the US government is steering the economy and has a bearish outlook on Wall Street.

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COMMENTS

JCC

7 years ago

I used to subscribe to Doug's stock services. I came to realize that his advice was a good way to lose money. He is pitching an agenda and lying to himself.

Follow his advice and grow poor.

United States owes $777 billion of debt to these countries

VisualEconomics has unveiled a vivid chart which demonstrates the key US creditors and their most recently disclosed holdings. Check out the foreign-held treasury securities of the US.

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