"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 12 hours OPEC ‘Supergroup’ Keeps Oil Exports Subdued
  • 13 hours One Belt, One Road, One Direction for Precious Metals
  • 15 hours Vicious Trio Keeps Bitcoin in Chokehold
  • 17 hours How Infrastructure Is Driving A Commodity Boom
  • 18 hours What’s Really Happening With Venezuela’s “El Petro?”
  • 20 hours Gold Bull and Bear Markets
  • 1 day 5 Big Drivers of Higher Inflation Rates Ahead
  • 2 days U.S. And China To Face Off Over Aramco IPO
  • 2 days Gold Bulls, Brace Yourselves – Fed Hikes Are Coming!
  • 2 days Stocks Fail to Hold Gains, But Still No Correction
  • 2 days Cryptojacking: A New Threat Vector To Critical Infrastructure
  • 3 days Why The Next Oil Boom Will Be Fueled By Blockchain
  • 3 days 5 Things Investors Should Know About China this New Year
  • 3 days Is The South Korean Crypto-Drama Finally Over?
  • 3 days Miners’ Rally? What Rally? Watch Out for More Fake Moves!
  • 3 days Four Percent 10-year Note Yield Will Be a Floor Not a Ceiling
  • 3 days The End Is Near
  • 4 days 5 Record Breaking Gemstones Even Billionaires Can’t Buy
  • 4 days Irredeemable Currency De-tooths Savers
  • 4 days CFTC Offers Bounty For Crypto Pump And Dump Whistleblowers
GLD May Not Yet Be Ready To Break Out

GLD May Not Yet Be Ready To Break Out

While I have gone on…

One Belt, One Road, One Direction for Precious Metals

One Belt, One Road, One Direction for Precious Metals

China's launch several years ago…

Why The Next Oil Boom Will Be Fueled By Blockchain

Why The Next Oil Boom Will Be Fueled By Blockchain

As blockchain tech works its…

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

More Info

China to Grow in 2013, Not So Much!

China's growth rate of 8% (if you believe that, I have a bridge to sell you) will be challenged in the coming months. is China forecast about to change?

News during Feb 2013

  • The WSJ reported that China is to pull cash from banks to stem inflation. China CPI compared to most of the western world respects food inflation a great deal. History in China tells us that food inflation has been the source of many conflicts.

  • Aussie miner BHP half year profits to Dec 2012 are down 57%, Ouch. Profits have been trending down for the last 18 months.

  • Copper is trending sideways. China is the largest importer of copper in the world.

Enough said.

Where is the Chinese demand that will overcome the demand lost from Japan, Europe and US?

The Asian region (China and Japan) have a very bearish outlook for 2013. No wonder the AUDUSD (cheerleader of risk on) is looking to roll over.

Will Mr Marc Faber be correct with his call of 'global recession in 2013', not sure yet, but it sure is warming up.

China Eft FXI 2013-02-20
Larger Image

 

Back to homepage

Leave a comment

Leave a comment




Don't Miss A Single Story