GOLD 0.51% $1,391.7 gold futures

gold, page-735

  1. 7,702 Posts.
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    China has always been the wild card. Slower growth has been discounted, but probably not to 4% (or lower), almost certainly closer to the truth than the recent 6.7% (which is greater than the sum of the last 4 quarters...the numbers literally don't add up...and they don't care).
    I think the drivers for the recent commodities boom , exp base industrial metals, have been the Chinese now playing their Futures markets in a frenzy, given the collapse of the SHCOMP.
    If it were for real, the AUD and inflation would be stronger. The whole economy would be stronger.
    But it's not for real - this bounce in Chinese industrial metals.
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