China Squeezes, The World Sneezes

Is this China’s Lehman Moment?

Interbank lending rates exploded higher last week at the behest of the PBoC who is attempting to rein in credit growth

What happened in China last week?

With bank credit in China reportedly growing at a 22-23% per annum, The People’s Bank of China (PBoC) attempted to slow this explosive growth down by hiking the rate at which banks lend to each other (the repo rate). This was a deliberate move to rein in and slow credit growth in the shadow banking system.

Written by Chris Berry, MBA - [ Discovery Investing Web Site ]

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Point Roberts WA, New York, NY - June 25, 2013 (Investorideas.com newswire) - Investorideas.com, an investor research portal specializing in investing ideas in leading sectors including biotech and medical technology stocks, issues a trading alert for Aethlon Medical, Inc. (OTCQB: AEMD), trading at $0.1199 0.0189 or 18.71% as of 11:00AM EDT on over 796,000 shares following FDA news.

The company reported today that the United States Food and Drug Administration (FDA) has approved an Investigational Device Exemption (IDE) that allows the Company to initiate human feasibility studies of the Aethlon Hemopurifier® in the United States. The Hemopurifier ® is a first-in-class medical device that targets the rapid elimination of life-threatening infectious disease and cancer glycopathogens from circulation.

Read more: Trading Alert: Aethlon Medical, Inc. (OTCQB: AEMD) Spikes on FDA News

HONG KONG - June 25, 2013 (Investorideas.com newswire) Chinese Internet Stock Alert : MeWorld Limited (OTCQB: UMEWF) is pleased to announce that UMeLook.com, an online video platform focused on bringing foreign video content to China, has reached 2.7 million unique visitors since launching the newly redesigned site on May 24, 2013. UMeLook.com also enjoyed over 9.4 million page views in the same period. The page views have been steadily increasing to over 500,000 a day.

Read more: China Social Media Stock Alert: UMeWorld's (OTCQB:UMEWF) Video Platform Reaches 2.7 Million Unique...

1. The Bottom is Not In: This Is Liquidation, The Hard Way

“Mr. Market” is forever ready both to buy and sell, but his view on prices veers from the ridiculously high to the absurdly low.” Benjamin Graham

We are at absurdly low prices now and headed lower.

Deleveraging is a very discouraging process. So everyone wants to know what exactly is happening. We have had a significant decline in the stock markets and interest rates are beginning to zoom higher. Of course higher interest rates cannot be good for the economy. No matter how much private de leveraging has been accomplished (?) the government continues to issue debt to buy debt. Just take a look at nominal interest rates.

Written by Chris Berry, MBA - [ Discovery Investing Web Site ]

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June 24, 2013 (Investorideas.com renewable energy newswire) XsunX, Inc. (OTCQB: XSNX) issues the following update from Tom Djokovich, CEO: Lately our updates have centered on our developing business opportunities, key markets, and the stabilizing solar market. In the background, we have been working full time with the CIGSolar® evaporator and we are excited to let you know that we are seeing some outstanding results.

Since the completion of the CIGSolar® evaporator assembly, we have carried out literally hundreds of incremental steps aimed toward establishing benchmarks, calibrating performance, and identifying or implementing potential improvements across our entire suite of system capabilities from material transport to CIGS deposition.

Read more: Solar Stock Alert: XsunX (OTCQB: XSNX) Reports CIGSolarĀ® Producing Near Identical CIGS Films to...