2 replies to this topic

[nimblebear]

10 bucks down, and they aren't finished. Shang em high down but economy at an inflation roaring 11% growth rate again in 1st quarter. You would think it would be up, but I think they will keep slapping the puppy down until the bulls have all gone. Metals once again leading the market lower like last year in May.

[TechSkeptic]

As usual, commodities are reacting in knee-jerk fashion to any rumor that the Chinese govt. may raise rates or otherwise put the brakes on. And every time this has happened so far, the Chinese economy has just kept going and going. Why should this time be any different? Chinese growth is years (if not decades) from topping out, so just take advantage of it and buy the dip.

[OEXCHAOS]

How would you know what it really is anyway? It's such a big place I'm pretty sure that measuring growth rates is an exercise in futility...and that's assuming that the government gets accurate information. And then, do they have the sophistication to read the information correctly? And what if they want to, well, lie for strategic reasons? It's almost like there's no point in listening to them at all. Mark