Posted on 08/27/2015 10:57:54 AM PDT by blam
August 27, 2015
Dan_Norcini
Dr. Copper apparently does not approve of the prescription ordered by the Chinese authorities to stem the slowdown in that nation, namely another 25 basis point interest rate reduction and a lowering of bank reserve requirements.
The red metal cannot sustain any upside action for long before sellers emerge to whack it again.
This is number one of my THREE BIG C’s, Copper, Crude oil and Cotton.
So what exactly are the other two C’s telling us?
(snip)
(Excerpt) Read more at marketoracle.co.uk ...
It hasn't even reach the price of two days ago.
Silver is medicine for poor people!
Commodities have been signalling global recession for quite a while now. And it is a demand side problem.
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