Is China's Olympics Vacation Affecting Commodities Markets? [View article]
Everyone: This article isn't actual research, just to get some discussion going other than the "speculators" theme by the media. I think it's important to consider different possibilities, as the less or least talked about has a knack for biting us investors in the *ahem*
John Egan: My dad manufacturers industrial-type hardware and imports them for sale here in the U.S. He uses a lot of steel, zinc, nickel, and copper.
Captain Johann: Yes, U.S. and E.U. still uses steel, but I think with the demise of the U.S. auto and housing industries, and with manufacturing at lows we haven't seen for a long time, industrial exports are the ones holding up U.S. steel demand...and I would group that in with global demand (China included) rather than U.S. demand.
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Everyone: This article isn't actual research, just to get some discussion going other than the "speculators" theme by the media. I think it's important to consider different possibilities, as the less or least talked about has a knack for biting us investors in the *ahem*
Jul 26 23:15 pm
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All Comments by Jeffrey Lin_ »Is China's Olympics Vacation Affecting Commodities Markets? [View article]
John Egan: My dad manufacturers industrial-type hardware and imports them for sale here in the U.S. He uses a lot of steel, zinc, nickel, and copper.
Captain Johann: Yes, U.S. and E.U. still uses steel, but I think with the demise of the U.S. auto and housing industries, and with manufacturing at lows we haven't seen for a long time, industrial exports are the ones holding up U.S. steel demand...and I would group that in with global demand (China included) rather than U.S. demand.