Indian Economy Vs US, EU, Canada, China And World (2)

Economic NewsOf course all of this is mainly political rhetoric at the start of what is set to be an election year, but still, it does raise interesting questions. There was some good news in the sell-off: The price of crude oil plunged below $40 a barrel for the first time since the financial crisis in 2009. They got more evidence on Friday: A reading of business activity in China known as the Caixin purchasing index fell to 47.1. Anything below 50 suggests business activity is shrinking. Is a leading Cambodian newspaper reporting daily news in country and from other countries. You can tune in to their radio and listen to the most recent news from Cambodia.

You can also read other entertainment news in this newspaper such as khmer boxing, sports and stars in Cambodia. A September national poll from Monmouth University shows Hillary Clinton as the front runner for the 2016 Democratic nomination by a wide stretch, followed by Joe Biden and Bernie Sanders. Presidential election aside, Faber said there are a lot more concerns facing the market, including an economic slowdown in China, falling currencies and trouble in the bond market as the Fed contemplates raising interest rates. Its stock market crisis could very well spread globally, shifting demand firmly in favor of gold.

The U.S. could be on the verge of an economic collapse and investors should start moving their portfolios into hard assets like gold and silver. For just a tiny glimpse of the role that gold will play in the event of a market collapse, look no further than China. While investors are looking for sound growth, higher interest rates, and diminished inflation, China remains the bullish wildcard in the gold equation.

Faber points to the extreme dissonance between real and virtual demand for gold, and how this will play out if another crisis hits. Gold prices on international markets are dangerously out of touch with the physical realities of its physical supply. Futures markets inflate the supply of gold through virtual transactions which keep the price artificially low, while demand for actual gold is high. The country’s economy – with a quarterly increase of 0.8% -had one of the fastest growing Euro Area economies in the first three months of 2015. Spain’s economic recovery is no longer export lead, and it isn’t industry based either.

Perhaps such an increase is not a game-changer, but after a 30% drop any improvement is welcome.However 2015 sales did not start on such a strong footing, with retail sales falling for a second month in Feb. Quite what is driving this isn’t clear, since with a large stock of unsold houses the demand for more at this point (see below) must be limited, but surely there is activity involved in completing unfinished buildings, of which there are more than a few.Economic News

Economic News