Wednesday, May 23, 2012

 
 
 

 
 
 
 
 
How China could cause a crash in base metals
Advertisement
Wednesday, February 24, 2010
Text Size: increase text size decrease text size

From OilPrice.com:

China is the key to the metals markets today. And there are some important signals about this market registering in the last few weeks.

Last month, I wrote about diverging global shipping indexes. The Baltic Dry Index, which tracks global shipping rates, has been falling the last several weeks. While the China Containerized Freight Index, tracking solely Chinese shipping prices, has been on a tear. The CCFI is up 12% since the beginning of January.

This could indicate an increase in goods being shipped out of China these days. And those goods might be metals...

Read full article...

More on commodities:

The gold story no one's telling

This indicator is even better than "Dr. Copper"

This could put a long-term floor under silver prices

Topics: China | Commodities
RSS Feed

 
©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.