Keep Your Eyes Open, Its About To Hit The Fan In China!
Investmentwatchblog.com
March 10th, 2014
It would appear the fecal matter is starting to come into contact with the rotating object in China. Worrying headlines are beginning to mount on the back of real economic events (an actual default and a collapse in exports):
*COPPER IN SHANGHAI FALLS BY 5% DAILY LIMIT TO 46,670 YUAN A TON
*CHINA YUAN WEAKENS 0.46%TO 6.1564 VS U.S. DOLLAR
*YUAN DROPS MOST SINCE 2008
http://www.zerohedge.com/news/2014-03-09/celebrating-chinas-first-bond-default-copper-limit-down-yuan-crashes-most-six-years
Yeah China is about to take a big hairy dump, the worst part about everything that’s down is Iron Ore, Iron Ore Inventories are the basis of collateral on a very big chunk of loans in China, since copper fell out of favor over there back in 2009…
Here’s The Chart Of Chinese Exports Everyone Will Be Talking About Today
The Rest…HERE
