Markets

[grrrr]

Looks like an absolute brutal day coming up on all markets.

[farming101]

The world could be in a Too Cheap To Buy mode for some time..
It will be interesting to see what value is placed on food.

[Hamloc]

China's markets are still heading down, I would have thought with the amount of government involvement in Chinese businesses they would be immune from economic downturns. Or possibly it is Harper's fault, if he had spent money in the right places the economy would be fine lol.

[bucket]

Hamloc

Spending money blowing shit up in the middle east isn't helping Canada's economy.

Billions never coming back to canada.

[Braveheart]

Knowing China's reputation for "conniving" type dealing, one has to wonder if there is a conspiracy afoot. What if they had foreign reserves and started buying cheap commodities including grains, oilseeds, and crude? They seem to be in a perpetual state of economic warfare with the rest of the world.

It's a strange situation as the West wants to rely heavily on China for trade.

[bucket]

I mentioned that weeks ago about China using their marketing strategies to lower their cost of buying.

Errol said a lower yuan makes things more expensive for them. Not if they devalue the yuan by 4 percent and everything they buy is reduced by 45 percent.


That's tin foil thinking.

But not funny.

[Rareearth]

Money flow?
If the markets tumble ( and they are) and people start to sell their stocks( and they are) where will the money go?

Will the money flow back commodities again for another run? Grain, gold, farmland, etc?

[bucket]

Rareearth


Hope it goes to grain and land.

Hope isn't a strategy but this time ......

[farming101]

Yes a lot of selling is happening but more is likely being vaporized in the devaluation process. Poof!

[biglentil]

Get ready here comes QE4 because the stimulus of QE1 2 and 3 worked so well. What we are witnessing boys is the death of paper and it's not China's fault. It's the U.S. Fault taking the reserve currency off the gold standard and subsequent abuse of the printing press. Simple as that.