Loading ...Have the idiot scum set off a commodity collapse, with their crushing of AG, that may spill over into a general collapse….
Someone was long a boat load of AG recently, hence the record OI, they have probably been kicked out and may well have dumped loads of other commodities, due to margin losses, thus setting off a cascade.
The Chinese I know use commodities as collateral and then leverage/ponzi up on them…..that is possibly what is going wrong. All set off by the scum’s mindless devotion/obsession with weak PM’s and a Strong SM/Dollar.
Remember last year the scum had to stop crushing Oil, when they realised how big a part of the economy it is and they were in danger of setting off a major world wide recession….they ain’t that smart.