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  1. 5,114 Posts.
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    Although the SP was already dropping from $6 because of the removal of the first Chinese subsidies (crisis 1), Covid not the shorts dropped the SP to 15c. Not that I'm complaining. Do you know if the shorters had been ripping into the SP in 2019? Just before my time.

    Where it lands after the 2nd time the Chinese have removed subsides (crisis II) is anyone's guess. We know the shorters have been really ripping into it most days for 5 months now. Before that it was more gentle and less constant.
 
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