“The global financial system seems to be gearing up for massive actions by the global central banks in an effort to calm the potential headwinds that a deflationary fallout would force upon the world. There is a NEGATIVE FEEDBACK LOOP in motion as the U.S. DOLLAR rally against the emerging market currencies will force corporate debtors in emerging economies… Read More

“Dumping US Treasuries would impede China’s economic growth if dollar assets were sold and converted back into renminbi (which would appreciate). But China could diversify its reserves by converting them into another liquid asset that is less vulnerable to US primary or secondary sanctions, namely gold. Indeed, both China and Russia have been stockpiling gold reserves (overtly… Read More

Sibanye-Stillwater to pull 150MW renewable power project as SA Govt fails to provide certainty The post Sibanye-Stillwater to pull 150MW renewable power project as SA Govt fails to provide certainty appeared first on Miningmx. Source: miningmx.com