Replies to post #164981 on Zeev's Turnips Patch-No Politics (ZEEV)

[lee kramer]

Santa Cruz: Blame it not on China, Blame it on Rio. I traded commodities many moons ago and learned that while some commodities flew up at times, eventually they came back.
Sure, China is gobbling a lot, but in time producers/growers will increase output 'cause that's where the money/profits are now. And eventually, it's my sense that supply/demand will once again come into a semblance of balance. In the meantime demand is clearly outstripping supply and prices will likely rise. One could take advantage of this.

[Sherlock356]

"Aside from iron ore, the country is so starved for copper that Chinese companies are importing French francs and melting them down, according to a Beijing official…”"

LOL.....yeah that copper is mighty scarce stuff.....are the peasants hoarding again?