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  • Why Do Chinese Save? [View article]
    In mainland China, where typically you have 3 generations of family living in high rise 500 sf flats there simply isn't the space to put things necessary to support American style consumption. Many familys yet are living in single row houses without running water or sewers (honey pots line the doorways in the alleys). Clothing is hand washed and hung on lines , outside the windows to dry-called Chinese "welcoming flags". When I was there 6 years ago many goods were sold in Friendship stores open only to foreigners. I'm sure much has changed, but then the new high rise flats for sale were astronomically high compared to average monthly salaries. Education for children & books was expensive also. Children culturally are expected to support their parents in old age.
    Jun 01 09:53 am |Rating: +3 0 |Link to Comment
  • Tuesday Outlook: Commodities, Global Markets [View article]
    Dave,
    So glad to hear Francie's surgery went well, hoping for full recovery. I've never seen a fox in my suburb (Cols. OH) but we've chased posums, skunks, & racoons out of the garage.
    May 19 09:45 am |Rating: +3 0 |Link to Comment
  • Thursday Outlook: Commodities, Global Markets [View article]
    Dave,
    I join others in sadness in hearing the news, wishing Francie a speedy recovery & well wishes for your family. Your posts are greatly appreciated & hoping for good news for you & yours.
    May 07 10:09 am |Rating: +1 -2 |Link to Comment
  • Friday Outlook: Commodities, Global Markets [View article]
    If you don't appreciate Dave's work, don't waste your time reading & following. Many of us appreciate his work. I start the day looking for his most recent commentary. Keep it coming Dave!



    Agree

    On Mar 27 06:11 AM ozcutty wrote:

    > David, i'm not convinced your commetry is particularly useful. Most
    > is stating the obvious and as with most technicians you are not really
    > predicting a future direction just merely commenting on past events.
    >
    > I'm not sure your love of agricultural commodites is going to make
    > you big bucks, they've been on a downward trend for 100 years.
    Mar 27 10:37 am |Rating: +20 0 |Link to Comment
  • Wednesday Outlook: Commodities, Emerging Markets [View article]
    "Da Boyz" refers to the PPT aka Plunge Protection Team aka President's Economic working group, rumored to step in (funded by Treasury?) to buy the market & smooth out panic selling. In other words we no longer have a free market rather a manipulated market. Love the "Mr. Wonderful" reference Dave your humor is delightful.
    Jan 28 11:57 am |Rating: +2 0 |Link to Comment
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