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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (13219)10/10/2004 10:29:01 AM
From: russwinter  Read Replies (1) of 116555
 
<unapproved inventories of copper, LME figures go to zero there will still be copper from somewhere else>

I have a term for this kind of nonsense, "synthetic economics", which is the now bizzare notion prevalent among old commodity traders (conditioned by years of commodity bear markets) about, "mystery hordes", and supply suddenly appearing like mushrooms in the woods. Remember the BS this summer about the Saudi mystery ships full of oil about to flood the shores of America with oil. It just amazes me this kind of synthetic economics mentality has any credibility anymore. I guess Dave still has an audience for it, but not me. It's also much like Bernake's Fed credibility speech the other day,
Message 20618114
one of those "doth protest too loudly" tomes IMHO.
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