Thursday, May 31, 2012

China should not be allowed to buy the LME

My prediction:  if China is the winning bidder for the London Metal Exchange, inflation is guaranteed going forward, as the world's largest consumer of base metals will control the world's biggest exchange.

http://www.telegraph.co.uk/finance/comment/damianreece/9298413/China-should-not-be-allowed-to-buy-the-LME.html

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