tag:blogger.com,1999:blog-1527840491496268397.post8231830124990252399..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Trade Idea: Treasuries vs Copper ($TLT $JJC $DBB)Unknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1527840491496268397.post-40610916182068969402011-09-28T18:51:35.732-07:002011-09-28T18:51:35.732-07:00Would anyone take the other side of this trade? Lo...Would anyone take the other side of this trade? Long treasuries and long copper? What would you have to believe in order to hold that position?CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-23858477578615721462011-09-28T16:12:45.522-07:002011-09-28T16:12:45.522-07:00Further to the suspicion that much in the way of C...<i> Further to the suspicion that much in the way of Chinese metals imports are related to schemes to game the cheap money there by circumventing capital controls – -whether in order to bet on Yuan appreciation or commodity price rises, or both – note that the relative prices of copper, aluminium, and zinc in Shanghai vis-à-vis that on the LME bear more than a passing resemblance to the volume of new loans concurrently granted by Chinese banks (including a rough estimate of ~CNY1 bln for January, as widely bruited on the newswires).</i><br /><br />http://ftalphaville.ft.com/blog/2010/01/20/130156/what-really-drove-chinese-commodity-imports/CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-56299199388138330902011-09-28T16:10:24.602-07:002011-09-28T16:10:24.602-07:00P.S. Obviously you need to be bearish on the U.S. ...P.S. Obviously you need to be bearish on the U.S. nickel coin if you are bearish on copper/base metals.CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.com