Showing posts with label bidder. Show all posts
Showing posts with label bidder. Show all posts

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