Daily Archives: August 18, 2015

To date copper has fallen 50% from its spectacular 2011 QE-induced, bubble peak. If long-term trends have their traditional pull in the mean reversion process, a further 50% to 70% decline from here, may yet lie ahead. Believe it or … Continue reading →

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal. … Continue reading →

Copper hitting a new 52 week low this morning as global commodity demand continues in a well earned secular downturn. Too bad more countries, companies and individuals who reaped big income from the secular boom 2000 to 2011, did not … Continue reading →