China Scrambling After "Discovering" Thousands Of Tons Of Rehypothecated Copper, Aluminum Missing | Zero Hedge

Posted by straightlinelogic 11 years, 9 months ago to Economics
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Keep an eye on this. Chinese state directed credit and the shadow banking system on the periphery are both houses of cards.


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  • Posted by 11 years, 9 months ago in reply to this comment.
    For continuing information, I recommend the http://zerohedge.com. It has a take on markets and politics you don't get in the mainstream press, and it is often miles ahead of stories that later break there. (It was talking about high frequency trading years before Michael Lewis's book was published.)
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  • Posted by ObjectiveAnalyst 11 years, 9 months ago in reply to this comment.
    Thank you for bringing this to our attention. I will have to be vigilant and move quickly. I am going to speak with a couple of my suppliers so they can give me notice.
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  • Posted by 11 years, 9 months ago in reply to this comment.
    Yes, as always the timing is tricky, but there will probably be a lot of pressure on rehypothecated industrial metals' prices.
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  • Posted by 11 years, 9 months ago in reply to this comment.
    Have you read Ron Chernow's biography of Rockefeller, Titan? If not, you would probably enjoy it. It is very well written and researched.
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  • Posted by $ jbrenner 11 years, 9 months ago in reply to this comment.
    That would make things particularly enjoyable, because the earlier parts regarding Civil War history and anything about Rockefeller are two of my favorite topics outside my professional expertise. Rockefeller invented chemical engineering, my field.
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  • Posted by $ jbrenner 11 years, 9 months ago
    Thanks for the heads-up, straightlinelogic. I spent a couple of hours yesterday talking with my research partner at an aluminum manufacturer. I am sure his company would like to know about this. I just finished the part of your book where Durand is considering moving to NY.
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