By Chris Bailey | Wednesday 19 March 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The three Cs of Crisis, China and Collateral have proved to be a potent negative combination over recent months with the copper price down nearly 15% year-to-date. Fears of a Chinese growth slowdown due to aggressive (and necessary) internal economic reform measures, combined with the alleged use of copper as a means of collateral in ‘shadow banking’ deals, has overhung the metal which is used widely in a variety of industrial and construction applications.
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