Yep, here come the Kamikazi’s. This had to happen and Sunday/Monday is always their favorite time to do reversals. Lots of paper to throw around tonight. It will be interesting to see what price Shanghai says it is for actual metal. I suspect this is just the opening salvo in what will be a multi-month war.
You know what’s funny? This is familiar territory for us, we’ve seen it so often over the years. They won’t be panicking anyone here at Oasis.
