Agree. What with new worries about slowing China and a rally in the US$ it is hardly surprising!
Commod's still look good to me, particularly copper. Supply issues aside, people who worry about China and copper are wrong. Yes there is a real estate slow down, but the gov is counterbalancing this by a huge programme of building low cost "economic" housing. And in addition there is a massive spend over the next 5 years on upgrading China's grid - which will be very copper intensive.
75 does look good....
Agree. What with new worries about slowing China and a rally in...
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