Vale SA (VALE)

[Saving Grace]

I believe I said supplier which they are and why they had an earnings miss reflected in their first Quarter like BHP.

Brazil is also the largest shareholder of VALE which looked very suspicious when a holdings dam breached over a year ago lowering supply to China yet both BHP and partner VALE stock price went up from the shortage of raw materials to China when both were the reason for the shortage.

The writing is on the wall and the second Quarter earnings will reflect their pain.

Manufacturing anything in China is now near impossible yet the China owned MSM keeps a tight lip on the truth being kept from the public.

China owned Wall Street paid off politicians to keep a lid on the destruction of China who has also run out of food.