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


To: TobagoJack who wrote (57014)10/28/2009 9:13:58 PM
From: Amark$p  Read Replies (1) | Respond to of 217571
 
Here's an interesting article.

mineweb.com

"Continuing with today's contrarian theme and what makes me nervous, have a look at these photos from China. They are excerpted from a China Central Television Channel (CCTV) program documenting private speculation and hoarding of metals throughout the country. According to an associate of mine at an Asia-focused hedge fund who was just in China, "It's pervasive; people are piling this stuff up in their backyards."
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These Chinese have likely purchased their metal in cash, not on margin is what I suspect. Would that be your opinion TJ...?

Thanks.