CHART OF THE DAY: Now This Is A Deflationary Collapse

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Dr. Copper’s prognoses for the world economy is very grim.

Even as the market managed to produce some gains, the bellwether metal got crushed today, and over the last month its taken a monster loss.

How come? Well, growth fears, a surging dollar, and perhaps a real slowdown in China to name a few things. A return to recession in Europe isn’t helping much.

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