There might be something up in China. After just one child got sick they closed down a whole town. And now this rumor-
China is urging families to stock up on food as supply challenges multiply By Laura He and Yong Xiong, CNN Business Updated 8:07 AM ET, Tue November 2, 2021 Christmas trees may be hard to come by this year China's energy crunch is hitting factories hard China's cryptocurrency crackdown intensifies Hong Kong/Seoul (CNN Business)China is telling families to stock up on food and other daily essentials as bad weather, energy shortages and Covid-19 restrictions threaten to disrupt supplies. The country's Ministry of Commerce late Monday issued a notice directing local governments to encourage people to stockpile "daily necessities," including vegetables, oils and poultry, in order to "meet the needs of daily life and emergencies." The agency also urged local authorities to make sure that people have an "adequate supply" of essentials this winter into next spring. And it told those authorities to keep prices stable — a source of anxiety in recent weeks, as the cost of vegetables has surged throughout China because of unusually heavy rainfall that has hurt crops. China has stressed the importance of shoring up food and other daily supplies in the past — including in September, ahead of a major weeklong holiday period. But those statements are usually very obviously intended for local authorities to read, and rarely capture the attention of everyday citizens. The inclusion of language in this statement that mentions families, though, appears to be putting people on edge.
China completely falling apart is probably not priced in this market. Everyone is now double ordering all supplies. When they get their front end they will cancel their 2nd order. This happened back in the 1980's -
Oct 19th this was $66 Now $60 I thought copper was going up If this Div is solid might be a buy.. 1 month chart ugly. When is the Div distrib date?