Evergrande

A Perfect Storm Of Risks For Precious Metals, And Yet Gold And Silver Still Lag. Why?

A Perfect Storm For Gold And Silver In theory, the past week should have been a perfect storm for gold and silver bulls, as the news fed investors a buffet of systemic risks. In one steam tray was China’s “Lehman Moment” with the impending default of the China Evergrande Group (OTC:EGRNF). In another steam tray … Read more

Evergrande’s debt crisis has jolted the stock market. Here is everything you need to know about the insolvency of China’s 2nd-largest property developer.

The rapid growth of Evergrande in the past decade has been fueled by an unsustainable debt burden of more than $300 billion. Now China’s second-largest property developer is showing signs of financial distress and may not be able to make upcoming interest payments. Here’s everything you need to know about the indebted property developer that … Read more