The exact same people that said copper was going to $7 are saying $1. They simply pick up the ball and run with it.
We need to relax...china has not gone away by a long shot and know that they must get there economy going. Luckily they are in the financial position to do so.
During the recent months a huge bubble is being created in the US Bond market and therefore the US dollar. Dont worry it will burst and when it does commodities will fly.
OZL Price at posting:
$5.25 Sentiment: ST Buy Disclosure: Held