Strategic Pork Reserve

[Martinghoul]

http://online.wsj.com/article/SB10001424052702304203304576447014217449574.html

 

[LeeD]

Do you mean pork? Because the sale looks like a way to make nice little profit for those involved.

 

[Martinghoul]

Nah, I don't mean that sort of pork. Neither do I mean the PIIGS (although, if the rumors are true, the Chinese have been releasing some of that recently).

 

[LeeD]

Quote from Martinghoul:

Neither do I mean the PIIGS (although, if the rumors are true, the Chinese have been releasing some of that recently).

Can you shed some light on the rumors?

 

[Martinghoul]

Quote from LeeD:
Can you shed some light on the rumors?

Well, tbh, there's nothing specific, just random speculation that they been selling the more toxic periphs recently.

 

[LeeD]

Quote from Martinghoul:

Well, tbh, there's nothing specific, just random speculation that they been selling the more toxic periphs recently.

I guess as a speculative "short".

I asked because my first impression was you were hinting at the Chinese liquidating a strategic long position in PIIGS, similar to pork.

 

[Martinghoul]

Quote from LeeD:
I guess as a speculative "short".

I asked because my first impression was you were hinting at the Chinese liquidating a strategic long position in PIIGS, similar to pork.

I did mean that.

 

[Big Kahuna]

So the CHINESE are hoarding all the bacon!

 

[LeeD]

Quote from Big Kahuna:

So the CHINESE are hoarding all the bacon!

We might have to ask a local expert regarding what kind of pigs the Chinese are hoarding. These could be skinny (A.K.A. lean hogs - not so much bacon when there is little fat) or these could be overweight (A.K.A. bloated swines - for "salo").

 

[elitist-trader]

Quote from Big Kahuna:

So the CHINESE are hoarding all the bacon!

Yes, in a secret bunker deep underground.