Well, if you refer to the message about the Chilean stock exchange, then I can confirm that the correlation with the copper price is quite high, as this index is mainly composed by mining stocks.
In the past 4 months, the stocks of copper in Shanghai fell by 30%. The reduction process is not yet completed, but in the past, some 4 months percentages of reduction of 40% have intercepted the primary bottom.
The owners of physical gold at the moment are asking for money to get Dollars in exchange. As we can see from the graph the Gold Forward Offered Rate is negative as after the Lehman bankruptcy.
Copper is just reflecting the weak state of the Chinese economy. A good leading indicator is the stock market of Chile, there is no hope for Dr.Copper until it starts again.
And the Chinese are starting to think about the standard gold...
http://rbth.asia/business/2013/07/17/china_reportedly_planning_to_back_the_yuan_with_gold_47997.html
Western central banks wonât be very happy to see their gold reserves massively devalued with this amount of debt to be covered; letâs say that gold is good as a warranty for the credit rating agencies.
The Japanese bond market seems to be asleep for now. However, we are still above the 200-days moving average in what appears to be a classic continuation figure: trouble ahead for the Boj?
Interesting analysis from ECB Research on the state of the Australian economy: http://www.financialsense.com/contributors/bca-research/australia-a-fading-star