Copper Plunges To Fresh 5-Year Low feedly
—- CopperPlungesToFresh 5-YearLow // http://feeds.feedburner.com/zerohedge/feed Asweexplainedingreatdetailyesterday, the selling in commodities is far from over. The extent of China’s commodity-backed-financing is only now beginning to be understood and forced sales (along with the vicious circle of collapsing collateral values and increasingly tightening credit) are hard to stop for a government set of reform. Copperpriceswereheavyovernightin Asia butthismorning has seenfuturesplungeonheavyvolumebelow $289 – thelowestsinceJuly 2009– breaking key support levels. … Seguir leyendo Copper Plunges To Fresh 5-Year Low feedly
