China

Chinese inflation affects the Global economy. I've previously covered the issue about the problem of inflation in China in Early February this year.

Have you ever stopped to think: What would be the effect of inflation in China affect us? About ten years ago a decent sized donut at my local shops would cost 80 cents. Now they would be 2 dollars. Sunny boys (ice blocks) would be around 40 cents and now they could fetch up to $1.20 for a bit of flavoured ice. Now, everything around is made in China. The peanut butter I ate this morning came from China, the laptop I'm typing on is Chinese, my seat is Chinese as well as probably all my luxury products like Clothes, TV's and DVD players.

Major falls in Commodities overnight Lead to Minor Correction: Overnight in US trade (- yes I just woke up!) the commodities took quite a hit. Aussie dollar is well down and analysts expect the market to open a lot lower than yesterday. Looks like a correction... The analyst being interviewed on the radio said that underlying supply and demand fundamentals for the commodities are still good - China still needs the metals. Anyway, enjoy the new trading opportunities - and for those who had open positions, I hope you had your stop losses!

Have you missed the boat? Who knows - look at your charts... However, in 2002 the uranium industry was dead. Now it is active as ever, with deals being made to export the commodity with China and plans to export it to India soon coming. Think about this: Paladin increased in price 5 times compared to last year - hows that for returns!?