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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (2214)11/18/2005 4:59:40 AM
From: elmatador  Respond to of 217754
 
Chinese trader who made them was acting in a personal capacity and was no longer employed by the government.

China raised the possibility that it might not recognise a series of controversial copper trades on the London market

Mr Liu has been mysteriously absent from the markets in recent weeks after allegedly building up a substantial short position in copper, reported to be between about 100,000 and 200,000 tonnes.

China blames copper trader for losses
By Geoff Dyer in Shanghai
Published: November 17 2005 19:08 | Last updated: November 17 2005 21:15

China raised the possibility that it might not recognise a series of controversial copper trades on the London market when a Beijing official said the Chinese trader who made them was acting in a personal capacity and was no longer employed by the government.

news.ft.com



To: Snowshoe who wrote (2214)11/18/2005 5:40:35 AM
From: TobagoJack  Read Replies (2) | Respond to of 217754
 
copper may crash in the case of default