China Hoarding

[TASFarms]

Looks to be a lot of big companies in China that are bankrupt. Ship builders. Steel makers, developers, high speed rail runs at a huge loss year after year.

[TASFarms]

Saw this across the screen today, explains some of what we are seeing, but not the entire picture. Why are they hoarding and if they are, they could stop any time and prices head back down pretty fast. Or are they prepping for something else.

[ATTACH]9541[/ATTACH]

A year ago China banned all video and pics of any govt warehouse. Too many pics showing empty warehouses that had aliitle bit of garbage corn that looked worse than screenings

[Guest]

I’ll defend Jazz as I certainly don’t like being reminded about bad marketing decisions I’ve made.
Financial decisions affect your mental health but are not necessarily permanent unlike other decisions we make in our lives.

Caseih, I’d never have expected a comment like that from you.

Well I listened to so much shit about signing forward contracts
If one can dish it out , one can take it

[Old Cowzilla]

Looks to be a lot of big companies in China that are bankrupt. Ship builders. Steel makers, developers, high speed rail runs at a huge loss year after year.

They can't be in too bad of shape yet they would rather build new shipping containers and fill with goods instead of taking the ones back in North America that were only used once ( for 3 weeks ) . I bet you can get a shipping container for almost free if you have the deck to take it away from the port overflow where they are storing the empty returns.

[shtferbrains]

A year ago China banned all video and pics of any govt warehouse. Too many pics showing empty warehouses that had aliitle bit of garbage corn that looked worse than screenings

They say the minions send in whatever statistics the CCP wants to see.

[AlbertaFarmer5]

I laugh every time someone claims the Chinese are such savvy manipulative marketers, cooperating as one homogeneous entity, taking advantage of us at every turn.
Yet it always seems to be china buying that drives markets to new highs as they hoard grain at the top. And apparently never show up as buyers at the bottom.
Typical bloated inefficient reactionary bureaucracy.