GREY:DULMF - Post by User
Comment by
DearBear6on Jun 18, 2013 1:42am
185 Views
Post# 21536141
RE: RE: RE: RE: RE: RE: RE: RE: RE: duluth agm
RE: RE: RE: RE: RE: RE: RE: RE: RE: duluth agm I don't know. It is true that China's value of imports and exports from the early 2000s onwards rose significantly along with copper prices. It could be that part of the rising demand for copper in China is based on the ~$1.6 trillion of products imported and exported out of China. However, the infrastructure and building projects that China undertook in the last decade increased the demand for copper as well. IMO, the demand for copper from Chinese infrastructure is a bubble. The import and export industry of China is probably not a bubble, but that is a guess. And if copper is a bubble it would be from Chinese infrastructure projects drying up, and it may not burst for a decade or it may burst next month. Who knows.
ps, many commodities will become deflationary if China pops.
Any thoughts?