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View Diary: Open thread for night owls: austerity (106 comments)

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  •  Copper is the play (0+ / 0-)

    If I were you I would be doing two things: buying  stocks that depend on emerging market (china) growth and shorting copper.

    If there is going to be a global recovery, there is very little doubt that China is going to be a main driver. But you are going to want a big fat insurance policy on that, which is why you should short copper.

    Copper is used in the construction of housing, and Chinese demand is so huge that it is the major factor in pricing copper.

    Personally, I am of the view that China is going to blow up sooner or later. Enjoy the view.

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