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January 29, 2016 | Mining Industry in Collapse

Martin Armstrong

Martin Arthur Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.

Mining

The mining industry is collapsing. Everyone expanded dramatically because they never expected China to stop buying. The loading up of debt is likely to get many companies in trouble. We may see the entire industry downgraded on a wholesale basis. Those looking at the miner stocks should pay attention to the forecast on each one in Socrates. Some of the biggest will fall.

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January 29th, 2016

Posted In: Armstrong Economics

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