Daaah... Simple math has escaped me thats 220,000 tones drop in LME inventory in the past couple months.

Copper inventory hit a high of 550,000 tones and today stands at 333,000 tones. China building up inventory because they know commodities will be higher soon, the engine does not stop.... it has slowed a LITTLE and has provided China with the buying opportunity of a lifetime.... Their currency along with the US dollar is in a bubble... and they are flush with cash....

You can't make a car, bridge, motor or anything else with cash.... All you can do is buy the commodities required to facilitate your quality of life.... Shrude pepole are the Chinese.... So they are buying what they see as essentual vulnerable to price commodities such as oil, copper and zinc while North Americans are crying in their soup.

If we don't smarten up soon, China will dominate the next decades.