Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Copper Telling You China Much Worse Off Than You Think?
CNBC ^ | 9-28-2011 | Lee Brodie

Posted on 09/28/2011 10:15:25 PM PDT by blam

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-34 next last

1 posted on 09/28/2011 10:15:30 PM PDT by blam
[ Post Reply | Private Reply | View Replies]

To: Attention Surplus Disorder; nascarnation

Copper ping.


2 posted on 09/28/2011 10:21:02 PM PDT by blam
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
The gold and silver charts will soon look like that, and worse.

You're catching on brother.

3 posted on 09/28/2011 10:21:26 PM PDT by Mariner (War Criminal #18)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

So, how is lead doing these days?

:-)


4 posted on 09/28/2011 10:27:01 PM PDT by Zeppo ("Happy Pony is on - and I'm NOT missing Happy Pony")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zeppo
Drops about 2 inches at 300 yds from the right “investment”.
5 posted on 09/28/2011 10:30:08 PM PDT by liberty or death
[ Post Reply | Private Reply | To 4 | View Replies]

To: blam

China has our jobs, our industrial base, and our money.

Wake up.

China’s not ‘worse off’. China is winning. Nobody is doing a thing to stop it.

Even on our side. NOBODY.


6 posted on 09/28/2011 10:32:58 PM PDT by Cringing Negativism Network ("Cut the Crap and Balance!" -- Governor Sarah Palin , Friday August 12 2011, Iowa State Fair)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cringing Negativism Network

China’s environment is beyond toxic in many places and their one child policy is causing to grow old fast.

Don’t think that China is out of the woods.

If the Republicans can get a super majority this election and uses it, they can undo much of the damage the Dems caused.


7 posted on 09/28/2011 10:43:54 PM PDT by Jonty30
[ Post Reply | Private Reply | To 6 | View Replies]

To: blam

Aluminum is tanking too.


8 posted on 09/28/2011 10:49:18 PM PDT by SpaceBar
[ Post Reply | Private Reply | To 2 | View Replies]

To: Jonty30
If the Republicans can get a super majority this election and uses it, they can undo much of the damage the Dems caused.

A lot of the damage was caused by Bush/RINO Republicans. We need more Tea Party Republicans like we got in 2008.

9 posted on 09/28/2011 10:58:28 PM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Mariner

Maybe silver, but there are a lot of people who have an irrational emotional attachment to gold that doesn’t exist for other metals. Gold will tank one day, but it will probably be the last to do so.


10 posted on 09/28/2011 11:02:04 PM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Mariner

“The gold and silver charts will soon look like that, and worse.”

And thus, it will be the perfect opportunity for the “little people” (you and me) to buy precious metals.

IMHO.


11 posted on 09/28/2011 11:09:13 PM PDT by Ernie Kaputnik ((It's a mad, mad, mad world.))
[ Post Reply | Private Reply | To 3 | View Replies]

To: Moonman62

I agree with that.


12 posted on 09/28/2011 11:10:02 PM PDT by Jonty30
[ Post Reply | Private Reply | To 9 | View Replies]

To: blam

Yeah, I dunno. I think there is (or was) a lot of speculative juice in ALL the commods, but especially the main ones, oil, gold, silver, copper. And of course, the China story has been “hot”. So, without knowing anything and only commenting in hindsight, commods + China = hot + hot. So when the air comes out, it double comes out.

All these things, when they have lots of spec money in them, have a tendency to overshoot on the downside when they collapse, and poorly (maybe I should say “weakly”) capitalized longs give up their religion and want their money. I’ve traded silver for a decade, I can’t figure where the bottom is. There WAS, absolutely WAS a very strong volumetric node at $31 even when it was threatening $50 a few months ago. $31 is sorta where it is orbiting now. Hey, people get tossed out, gather up their nerve, get kicked out, return.

I don’t know if it’s people who are really, really smart, or if it’s more like a dog returning to its own vomit. Is there a big difference? LOL.


13 posted on 09/28/2011 11:16:18 PM PDT by Attention Surplus Disorder (Madoff screwed the rich. Bernanke screwed us all.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Fantasywriter; pantherskincreek
What I said.


14 posted on 09/28/2011 11:31:57 PM PDT by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Jonty30

If we make it through this October, what makes you think the leftists won’t orchestrate yet another “October surprise” crash for us and the nation next year....especially if they feel the need due to their impending landslide and historic loss in the 2012 elections. You already have Democrats talking about suspending elections.

It’s a good thing people can’t die from uncertainty. The economy’s death is bad enough.


15 posted on 09/28/2011 11:33:35 PM PDT by XenaLee (The only good commie is a dead commie.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: XenaLee

I doubt the Dems would suspend the elections, though I don’t doubt that they’d like to.

All I can say is keep the pressure on, the TEA party is winning.


16 posted on 09/28/2011 11:38:37 PM PDT by Jonty30
[ Post Reply | Private Reply | To 15 | View Replies]

To: Mariner

Shhh. Why let everyone else in on it? ;)


17 posted on 09/29/2011 1:14:44 AM PDT by BenKenobi (Honkeys for Herman! 10 percent is enough for God; 9 percent is enough for government)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Zeppo

“So, how is lead doing these days?”

Does this mean that ammo may go back down to the pre-ObamaNation prices?


18 posted on 09/29/2011 1:15:47 AM PDT by fella ("As it was before Noah, so shall it be again.")
[ Post Reply | Private Reply | To 4 | View Replies]

To: Ernie Kaputnik
And thus, it will be the perfect opportunity for the “little people” (you and me) to buy precious metals.

Precisely.

19 posted on 09/29/2011 1:28:57 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: blam
Well, copper fell, which proves that China has already crashed. That's priceless--the best joke of the whole debacle! Believers should get free vacations to Venus!.

It will be a little while, yet, before the Hans move the rest of "the people" into those "ghost cities" (see 50% minimum down payments for those in the meantime...probably five years or more). But the desperate, monumental propaganda effort for trying to keep oil prices down and the dollar up is fun to watch.

Prepare, folks, those of you still employed or otherwise supported. Do so, while you have a little more time.


20 posted on 09/29/2011 1:34:49 AM PDT by familyop ("Don't worry, they'll row for a month before they figure out I'm fakin' it." --Deacon, "Waterworld")
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-34 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson