Here’s The Metals Mayhem In One Idiot-Proof Chart

Ok, so this is a simple one and that’s on purpose.

Earlier today, we documented the bloodbath in metals, but we’d be remiss not to acknowledge the fact that for a whole lot of investors who aren’t “plugged in” (so to speak), talking about things like the “Dalian Commodity Exchange” has a tendency to make people’s eyes glaze over.

So in order to capture what’s going on in the most straightforward manner possible, here’s a look at a 10-day chart of the Bloomberg World Mining Index:

BBGMiningMetalsIn

Any questions?

Advertisements

One thought on “Here’s The Metals Mayhem In One Idiot-Proof Chart

  1. Thanks for reporting the obvious parabolic moves have a tendency to reverse just as violently. Do you see any catalysts on the horizon.

Speak On It