Sunday, August 5, 2012

If there's one thing that should worry us......

Industrial Metals Index ($GYX) Close @ 08/03/2012

Equities may rally, treasuries may sell off & relief rallies in the Euro inspire all sorts of other currency buying.....but 1 thing that fails 'to lift' amid the drama in Europe is that which China imports to re-export: Industrial Metals. We've been warned.