
Traders & Producers “Congregated” To Talk Metals Misery: Here’s What They Said
Right, so this is pretty funny.
As you know, the monumental effort to squeeze leverage out of China's financial system and thereby curb rampant speculation has played havoc with commodities of late.
Perhaps the most concise description of the problem came earlier this week from Citi. To wit:
One of the major drivers of the recent industrial metal sell-offs were increasing concerns over Chinese monetary conditions and macro slowdown.
When it comes to the commodities market, rising Chinese mo
What???? No one, including H, dissing gold? Shocking!!