Copper Telling You China Much Worse Off Than You Think?

CNBC ^ | 9-28-2011 | Lee Brodie

[blam]

[blam]

Copper ping.

[Mariner]

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

You're catching on brother.

[Zeppo]

So, how is lead doing these days?

:-)

[liberty or death]

Drops about 2 inches at 300 yds from the right “investment”.

[Cringing Negativism Network]

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.

[Jonty30]

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.

[SpaceBar]

Aluminum is tanking too.

[Moonman62]

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.

[Moonman62]

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.

[Ernie Kaputnik]

“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.

[Jonty30]

I agree with that.

[Attention Surplus Disorder]

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.

[nathanbedford]

What I said.

[XenaLee]

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.

[Jonty30]

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.

[BenKenobi]

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

[fella]

“So, how is lead doing these days?”

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

[Smokin' Joe]

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

Precisely.

[familyop]

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.