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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (6974)	12/1/2014 12:06:21 AM
From: Real Man	Read Replies (3) \| Respond to of 26251

I am waiting to see gofo tomorrow, as -0.5 happened before $40 slide. Needless to say, Lower prices normally cause much more shortage, and import/export rules were relaxed in India this weekend. The paper dump will be met with huge physical buying

To: Rarebird who wrote (6974)	12/1/2014 8:47:41 AM
From: Real Man	Read Replies (2) \| Respond to of 26251

1500 tonnes is by no means small. The total annual mining output is 2500 tonnes. The WAG agreement was 400 tonnes. Nevertheless, the shortage was not related to the referendum, and it continues... new low for gofo at -0.58. We will get employment report on Friday, and if it confirms Holiday sales, US is not immune from global recession (this is what 60-s oil is about), and the dollar should decline a lot, maybe even to new lows because of the bubbles.