China has reportedly approved plans for $158 billion in infrastructure spending. China’s growth is slowing and analysts are concerned about slumping iron ore prices, a gauge of industrial production. We talk to commodities expert Steven Leeb, Chairman and Chief Investment Officer of Leeb Capital Management, about what effect this stimulus might have. We also discuss the effect that marginal cost increases have on commodities more broadly, and the important role that water scarcity plays in all of this.
We also talk to Lindsay Hall, Chief Market Strategist for the RMB Group, about why she still anticipates higher prices for oil despite economic slowdowns in China and Europe and SPR injections. We also ask her about the Japanese Yen, and what she thinks, as a FOREX trader, about where the currency is headed in the near future.
Mixing Oil and Water w/Lindsay Hall and Stephen Leeb!
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Serious BABE Alert!
4 oz. I am really getting too old for that.
I guess the fashion way of getting men to watch never ends, even when it comes to the economy.
China used $158 billion on infrastructure? I have a feeling that the next housing bubble collapse will hit China because look at their ghost towns. I have a feeling that when the Western economy will collapse, a lot of people will be looking for China that has a lot of commodity reserves such as gold which is maybe the reason why China is building a lot of ghost towns.
The video below shows China’s ghost town.
MOMMY!