OK. I get it. Trichet is Paulson's puppy dog and the EU is playing along to prevent a collapse in the U.S. But why the panic selling in commodities? If the U.S. is going to stay afloat, we'll keep buying crap made in Asia; which will keep those commodities flowing. What is going on with KOL, for instance?
Unbelievable. Anyone who was long at this point was a greedy farking pig and they're off to become bacon.
could be... but I don't see China turning off those five gazillion new coal power plants. the trend is your friend in commodities, right? oink! ps - KOL and the stocks are bouncing intra-day, even MEE is racing up.