What if China has already all the copper it needs, stored or block the outcome of its own mines? What if commodities trading desk of JPM sold to Mercurian is being controlled by China's entities?
What if China is proceeding in the transformation of it's economy to a more consumer based, as it's have been announced for so long.
Crazy and funny rumours or stories of the blogoshere, but the Shangai vs Copper futures shows a multiyear rounding bottom, hinting for an upside break in the future, once it passes the overhead supply.
Last but no least, two excellent reads regarding this issue, one from Frank Holmes and one from Cam Hui
stks.co/r07Kj
stks.co/d0LVg
With regards to $PGJ/$FXI ratio, price went almost parabolic, but there are areas of interest when will correct lower
stks.co/a0LkO
Best or trading guys
Panos
What if China is proceeding in the transformation of it's economy to a more consumer based, as it's have been announced for so long.
Crazy and funny rumours or stories of the blogoshere, but the Shangai vs Copper futures shows a multiyear rounding bottom, hinting for an upside break in the future, once it passes the overhead supply.
Last but no least, two excellent reads regarding this issue, one from Frank Holmes and one from Cam Hui
stks.co/r07Kj
stks.co/d0LVg
With regards to $PGJ/$FXI ratio, price went almost parabolic, but there are areas of interest when will correct lower
stks.co/a0LkO
Best or trading guys
Panos