China Scrambling After "Discovering" Thousands Of Tons Of Rehypothecated Copper, Aluminum Missing | Zero Hedge
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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- 1Posted by ObjectiveAnalyst 11 years, 9 months ago in reply to this comment.Thank you. I have bookmarked the page.| Permalink
- 1Posted by straightlinelogic 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.)| Permalink
- 1Posted 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.| Permalink
- 2Posted by straightlinelogic 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.| Permalink
- 1Posted by straightlinelogic 11 years, 9 months ago in reply to this comment.It is a very good site.| Permalink
- 1Posted by $ jbrenner 11 years, 9 months ago in reply to this comment.I have not read that yet. That would be well worth my time.| Permalink
- 2Posted by straightlinelogic 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.| Permalink
- 1Posted 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.| Permalink
- 2Posted by straightlinelogic 11 years, 9 months ago in reply to this comment.You can disregard this as author's puffery, but you're just getting into the really good parts of the book.| Permalink
- 2Posted by $ jbrenner 11 years, 9 months agoThanks 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.| Permalink