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Gold/Mining/Energy : Big Dog's Boom Boom Room

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research1234
Sweet Ol
To: elmatador who wrote (186944)12/6/2014 12:31:17 PM
From: Biomaven2 Recommendations   of 206097
 
>>Brutal drop

Well that graph is potentially very deceiving. They don't show the baseline total imports at all - just the change.

So the big German drop is likely a modest percentage of total imports, and the fact that Italy goes to close to zero just means they were back to their import levels at baseline, whatever year that was.

But yes - there has been a significant drop in Europe - that's been more than offset by increased imports by China though.

(I'm assuming the graph is vs. some baseline year rather than just the previous year - if the latter, then all it would show is a slowing increase).

Peter
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