SideNote: Gold has been moving lower, It appears Jim Roger's prediction (from several yrs ago) $900 Gold correction is not far off. With China cargo shipping crashing and now copper prices crashing, all good indicators the world is falling off the financial cliff. I would be a buyer of Gold in the $900 range before it moves higher.

Copper Is Crashing In China

Shanghai Copper is down 4.6%, hitting fresh cycle lows not seen since March 2009. No clear catalyst is evident for now aside from stronger USDollar, Codelco's cuts, and more chatter of CCFD unwinds. If COMEX Copper holds these losses, it will be down for 10 straight days - the longest on record from what we could tell.

Copper is crashing in China...

To lows not seen since March 2009...